Mermaid Nets Six New Subsea Deals in Asian Region

Mermaid Maritime has, through its subsidiary Seascape Group, been awarded six different subsea works in the Asian region.

The contracts have an estimated aggregate value of USD 15 million.

The work scopes under the contracts include subsea survey, inspection, repair and maintenance using saturation diving, air diving and the use of underwater remotely operated vehicles (ROVs).

As Mermaid informed, the jobs will be performed in various offshore areas of South Korea and India, and in various regions of Indonesia including the Natuna Sea, Bali North Sea, Makassar Strait and the Java Sea.

These projects have an individual working duration ranging from 20 days to 90 days. Most of them will be completed by November 2016.

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