Mermaid Maritime awarded subsea contracts

Thai company Mermaid Maritime has announced that its subsidiary, Seascape Surveys, has been awarded two subsea contracts in Southeast Asia with a total potential contract value of $5.1m.

The first contract involves a 30-day project in the Natuna Sea, Indonesia, where the company’s dive support vessel Mermaid Nusantara together with heavy duty work-class remotely operated vehicles will carry out installation activities directly for an international upstream oil and gas firm commencing no later than the first quarter of 2017.

The second contract in Southeast Asia involves the provision of survey and inspection services to a third party diving vessel for approximately 45 days in Malaysian territorial waters, with work on the project already underway.

Additionally, Mermaid’s Western Hemisphere business unit has been awarded a 1 month work extension by a major engineering, procurement and construction (EPC) contractor in the Middle East for its diving support vessel Mermaid Endurer, together with an additional standalone saturation diving support work equipment and services. The contract extension was valued at around $1.8m.


Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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