Mermaid Maritime wins two new subsea contracts

Thailand’s Mermaid Maritime has been awarded two subsea contracts worth around $4.6m.

In Indonesia, the company has been awarded a contract involving the use of a diving vessel with work class ROV offshore East Kalimantan. The contract is for an international upstream oil and gas company and is due to commence in the fourth quarter of 2017.

Mermaid will also be conducting a short ROV campaign for pipeline touchdown monitoring for an international EPCIC contractor in the Middle East. Work is scheduled to commence in the third quarter of 2017.

Mermaid said the Middle Eastern contract is from a new customer and in a new country for the company, in line with its initiative to seek out new customers in new regions.

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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