Mermaid Maritime nets subsea diving, installation contracts
BANGKOK, Thailand – Two divisions of Mermaid Maritime have won subsea contracts with total potential value of $7.4 million.
One, lasting nine months, involves deployment of an air dive system and a light work-class ROV for an NOC in Middle East GCC.
The other, for an EPCIC contractor, is for a 45-day campaign offshore Southeast Asia. The scope of supply covers diving, survey, ROV and deck crew and a third-party chartered-in vessel to install a 2,000-m (6,562-ft) subsea manuli hose for oil production support and UWILD inspection services.
Both programs are due to get under way during the current quarter.