Mermaid Nets $26M in Subsea Contracts

Mermaid’s South East Asian and Middle Eastern business units have continued working efficiently on subsea contracts recently awarded during the first quarter of 2017 with a combined total estimated potential contract value of USD 26 million.

The highlighted package of work involves the DP2 dive support vessel ‘Mermaid Commander’ with a Tiger inspection class ROV and hyperbaric reception facility carrying-out a 42 day project involving saturation-diving and ROV works for riser installation, pipeline tie-ins and MOPU decommissioning in the Malaysian Peninsular and Sarawak, which Mermaid has opened as a new geographical footprint, before bounding for the Gulf of Thailand where she will perform a regular pipeline installation support services contract for another 60 day project for a different customer.

Another highlight involves the DP2 dive support vessel ‘Mermaid Nusantara’ together with heavy duty work-class ROVs working on a 24-day project in the Madura Sea, East Java, Indonesia, carrying out installation of flexible risers and umbilical between wellhead platform and FSO for an international upstream oil and gas company.

Furthermore, the DP2 dive support vessel ‘Mermaid Endurer’ has been carrying out a 30-day project on a DSV – ROV – SAT & air diving services contract and a 56-day project on a DSV – life support – spool & skid installation services contract for international EPCIC contractors offshore Qatar.

Share this article

Follow Subsea World News

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

Subsea Valley

This yearly gathering has grown from 200 to 2000 delegates in only 5 years and is now one of the leading energy conferences in Europe…

read more >

Shallow and Deepwater Mexico Oil and Gas Conference

Shallow and Deepwater Mexico is a community gathering for the offshore sector focusing on the future of offshore in Mexico…

read more >

OMC 2019

OMC is the largest exhibition and conference dedicated to the Offshore, and Oil & Gas Industry…

read more >

SubOptic 2019

SubOptic is the longest running and most comprehensive conference series in the world for the submarine fiber industry…

read more >