Mermaid Maritime Public Co. Ltd. Company News

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Thailand's Mermaid Maritime Bags Contracts in Southeast Asia, Middle East
Thailand's Mermaid Maritime bags subsea contracts in Southeast Asia and secures a contract extension for work in the Middle East.
8:00 PM EST | September 08, 2016
AOD Secures Contract Extensions for 2 Jackups with Saudi Aramco to 2019
Asia Offshore Drilling secures contract extensions for jackups AOD I and AOD II with Saudi Aramco, while talks continue to extend the AOD III's assignment beyond October 2016.
8:00 PM EST | July 28, 2016
Thailand's Mermaid Maritime Subsea Services Clinches $5.8M Contract
Thailand's Mermaid Maritime Subsea Services clinches a $5.8 million technical support services contract.
8:00 PM EST | July 13, 2016
Mermaid Maritime's Unit Bags DSV Charter-in Deal for Work Off Indonesia
PT Seascape Surveys Indonesia secures a one year charter-in contract from PT Nusa Perkasa Permai for the Mermaid Nusantara dive support vessel for work off Indonesia.
8:00 PM EST | June 14, 2016
Mermaid Maritime Secures $15M Subsea Contracts in Asia
Thailand's Mermaid Maritime secures six subsea contracts, worth $15 million, in Asia.
8:00 PM EST | June 07, 2016
Mermaid Secures $11M in Subsea Contracts, Defers Delivery of 2 TAD Rigs
Mermaid Maritime secures $11 million subsea deals in the Middle East and Thailand and a contract extension for a jackup, while delaying the delivery of 2 tender rigs and a subsea vessel.
8:00 PM EST | May 29, 2016
Mermaid Secures a $10M Subsea Services Contract in the Gulf of Thailand
Mermaid Subsea Services secures a $10 million subsea services contract in the Gulf of Thailand with a major oil and gas company.
8:00 PM EST | March 30, 2016
Mermaid Maritime's 3Q 2015 Net Profit Up 9.2% to $16.5M, Trims Staff by 15%
Mermaid Maritime posts a 19.2 percent rise in net profit to $16.5 million for third quarter 2015, lifted mainly by its subsea business in the Middle East.
7:00 PM EST | November 15, 2015
AOD Reduces Day Rates for 3 Jackups Working for Saudi Aramco
Asia Offshore Drilling reaches agreement with Saudi Aramco to reduce day rates for three jackups operating offshore Saudi Arabia.
8:00 PM EST | May 28, 2015
CMHI Cuts Steel for MTR-3 Tender Rig, Mermaid Ausana Vessel in China
China Merchants Heavy Industries holds steel cutting ceremony for Mermaid Maritime's MTR-3 tender rig and Mermaid Ausana subsea vessel at its yards in China.
7:00 PM EST | December 08, 2014
Thailand's Mermaid Maritime Raising $500M for Offshore Marine M&A
Thai company Mermaid Maritime is building up its cash holdings ahead of moves for merger and acquisition in the offshore marine sector.
7:00 PM EST | December 08, 2014
Early Contract Termination for Mermaid Maritime's MTR-2 Tender Assist Rig
Mermaid Maritime reports the early cancellation of a contract for the MTR-2 tender assist rig to operate in Indonesia.
7:00 PM EST | December 07, 2014
Mermaid Maritime's FY 2014 Net Profit Rises 193.4% to $45.27M
Mermaid Maritime's financial year 2014 net profit soars 193.4 percent to $45.27 million from $15.42 million a year ago.
7:00 PM EST | November 26, 2014
Mermaid Maritime Extends Reach in Indonesia with Charter-in of DSV
Mermaid Maritime extends reach in Indonesia with the charter-in of dive support vessel Windermere, renamed Mermaid Nusantara, for five years.
7:00 PM EST | November 17, 2014
Mermaid Maritime Charters 3 Vessels for Subsea Work Offshore ME, Thailand
Mermaid Maritime charters three vessels to support subsea work offshore the Middle East and the Gulf of Thailand.
7:00 PM EST | November 06, 2014
Mermaid Maritime Raises Stake in Subtech Saudi Arabia
Mermaid Maritime raises stake in Subtech Saudi Arabia to boost its business presence in Saudi Arabia.
8:00 PM EST | October 08, 2014
Mermaid Secures Saturation Diving Services Contracts in the Middle East
Mermaid Maritime secures two saturation diving services contracts, valued up to $45 million, for work in the Middle East.
8:00 PM EST | September 17, 2014
Mermaid Maritime Rebrands Subsea Buiness Units, Reorganizes Business
Thailand-based Mermaid Maritime rebrands subsea business units and reorganizes the firm's subsea business.
8:00 PM EST | August 18, 2014
Mermaid Maritime Amends Contract for MTR-2 Tender Rig in Indonesia
Mermaid Maritime amends contract for its client to operate the MTR-2 tender rig as a work-over unit pending receipt of new drilling permits from the authorities in Indonesia.
8:00 PM EST | June 17, 2014
Mermaid Bags $19M ROV Services Contract in the Gulf of Thailand
Mermaid Offshore Services bags a $19 million contract to provide subsea remotely operated vehicle services in the Gulf of Thailand.
8:00 PM EST | June 12, 2014
Mermaid Maritime's Subsea, Drilling Divisions Lift Firm's Net Profits
Mermaid Maritime reports that revenue growth in its subsea and drilling divisions lifted the firm's net profits to its highest level in five years.
7:00 PM EST | February 25, 2014
Mermaid Orders 2 Tender Rigs, 1 DSV from China Merchants Industry for $436M
Mermaid Maritime orders two tender rigs and a dive support and construction vessel from China Merchants Industry Holdings for $436 million.
7:00 PM EST | January 09, 2014
Mermaid's Units Bags $30M Subsea Services Deals for Work in the Middle East
Mermaid Maritime reveals that its business units serving the Middle East clinched $30 million worth of subsea services contracts recently.
7:00 PM EST | November 26, 2013
Mermaid's Indonesian Unit Bags $55M Offshore IRM Contract
Mermaid Maritime's unit PT Seascape Surveys Indonesia bags a $55 million offshore inspection, repair and maintenance services contract from an Indonesia-based upstream oil and gas operator.
8:00 PM EST | September 16, 2013
Bibby Offshore Selects Mermaid's Unit Subtech for North Sea Job
Mermaid Maritime's subsidiary Subtech clinches a subsea services contract with Bibby Offshore for work in the North Sea.
8:00 PM EST | August 14, 2013
Mermaid's Unit Subtech Wins $40M Subsea Contracts
Mermaid Maritime's subsidiary Subtech Qatar Diving & Marine Services bags several subsea contracts worth $40 million.
8:00 PM EST | July 30, 2013
Asia Offshore Drilling Takes Delivery of AOD III
Mermaid Maritime's associate company Asia Offshore Drilling has taken delivery of the jackup AOD III from Keppel FELS.
8:00 PM EST | July 17, 2013