Mermaid secures dive support contract extension in the Middle East

Mermaid Maritime has received a three-year, $162-million contract extension from a national upstream oil and gas company for offshore inspection, repair and maintenance services in a Gulf Cooperation Council country.

The company will continue to provide a suite of diving services using its DP-2 saturation dive support vessel Mermaid Asiana along with ROVs, specialized diving equipment and divers.
The company will continue to provide a suite of diving services using its DP-2 saturation dive support vessel Mermaid Asiana along with ROVs, specialized diving equipment and divers.
(Courtesy Mermaid Maritime Public Co. Ltd.)

Offshore staff

BANGKOK, Thailand Mermaid Maritime has received a three-year, $162-million contract extension from a national upstream oil and gas company for offshore inspection, repair and maintenance services in a Gulf Cooperation Council country.

This follows an initial seven-year contract period, in partnership with a local offshore vessel services/logistics provider.

Mermaid will continue to provide a suite of diving services using its DP-2 saturation dive support vessel Mermaid Asiana along with ROVs, specialized diving equipment and divers.

The three-year extended period is expected to begin during 4Q 2019.

The company has served this contract since 2012.

10/28/2019

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