Mermaid wins subsea contracts worth $26m

Mermaid wins subsea contracts worth $26m

Thailand’s Mermaid Maritime announced the award of subsea contracts during the first quarter of 2017 worth a total of up to $26m.

Contracts won include a 42-day project for dive support vessel Mermaid Commander for saturation-diving and ROV works for riser installation, pipeline tie-ins and MOPU decommissioning in the Malaysian Peninsular and Sarawak. Upon completion, the vessel will head to the Gulf of Thailand for a 60-day pipeline installation support services contract.

Another dive support vessel Mermaid Nusantara has won a 24-day project in the Madura Sea, East Java, Indonesia, for the installation of flexible risers and umbilical between wellhead platform and FSO for an international oil and gas company.

Lastly, another dive support vessel Mermaid Endurer is carrying out two projects for international EPCIC contractors offshore Qatar.

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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