Mermaid Maritime awarded two more subsea contracts

Mermaid Maritime awarded two more subsea contracts

Thailand’s Mermaid Maritime has been awarded a pair of subsea contracts from oil majors with a combined value of around $4.3m.

Dive support vessel Mermaid Sapphire with a work class ROV is performing a 16-day lump sum project involving subsea pipeline freespan rectification in the Gulf of Thailand.

Additionally, Mermaid has also won a 2-year contract in Indonesia carrying out site survey and navigation services offshore East Kalimantan using either the client’s or third party chartered-in vessel.

Last month, Mermaid announced that it had secured contracts during the first quarter of 2017 worth up to $26m.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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