Mermaid Maritime has announced that its two subsea business arms have secured contracts off the Middle East and South-east Asia.
Mermaid's western hemisphere business arm secured seven subsea projects with an estimated total value of US$11 million, off Qatar and Saudi Arabia.
The subsea contracts involve survey, inspection, repair and maintenance and light construction in various offshore fields which include Manifa, Safaniya, Zuluf and Tanajib in Saudi Arabia.
The company said most projects will reach completion by the end of August.
Mermaid has secured 1-year extension to an existing contract worth US$51 million, off Thailand. The extension has been won for a subsea construction support services contract with an undisclosed engineering, procurement, construction, installation and commissioning (EPCIC) contractor in Thailand.
CEO Chalermchai Mahagitsiri, said Mermaid was offered contract for "the twelfth consecutive year" from the same customer and the deal is now extended to the end of December 2017.
Mermaid's western hemisphere business arm secured seven subsea projects with an estimated total value of US$11 million, off Qatar and Saudi Arabia.
The subsea contracts involve survey, inspection, repair and maintenance and light construction in various offshore fields which include Manifa, Safaniya, Zuluf and Tanajib in Saudi Arabia.
The company said most projects will reach completion by the end of August.
Mermaid has secured 1-year extension to an existing contract worth US$51 million, off Thailand. The extension has been won for a subsea construction support services contract with an undisclosed engineering, procurement, construction, installation and commissioning (EPCIC) contractor in Thailand.
CEO Chalermchai Mahagitsiri, said Mermaid was offered contract for "the twelfth consecutive year" from the same customer and the deal is now extended to the end of December 2017.