Bibby Offshore Selects Mermaid's Unit Subtech for North Sea Job

Thailand-based Mermaid Maritime Public Company Limited reported that its wholly owned subsidiary Subtech Ltd. (Subtech) has been awarded a subsea services contract with Bibby Offshore Limited for work in the North Sea.

Under the contract, Mermaid will provide Bibby Offshore with a DP2 (dynamic positioning 2) Dive Support Vessel "Mermaid Endurer" for inspection, repair and maintenance (IRM) services as well as light construction intervention. The contract, scheduled to commence in the second quarter of 2014 and complete in the fourth quarter 2014, includes options for extension subject to mutual agreement.

DSV Mermaid Endurer will arrive in the North Sea in early 2014 and will be marketed for opportunities in the spot market prior to the commencement of the contract.

“The Mermaid Endurer was built in Norway, specifically for these conditions, and we are confident that we can fulfill Bibby Offshore’s expectations,” Chalermchai Mahagitsiri, Mermaid Maritime CEO said in a company release.

“This contract marks Mermaid’s successful re-entry into the North Sea market at a particularly exciting time over there. The contract covers all facets of the Mermaid group namely, Mermaid Offshore’s marine division, Subtech’s diving, inspection and IRM division, Subtech’s ROV (remotely operated vehicle) department and Seascape’s survey division,” Paul Whiley, executive director of Mermaid’s subsea division said.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  PPL Makes Gas, Condensate Find in Hala... (Sep 3)
 -  Heerema Secures Services Contract for ... (Sep 3)
 -  Premier Oil Comes Up Dry in North Sea ... (Sep 3)
 -  Rosneft, Sinopec Agree on Joint Develo... (Sep 3)
 -  Norshore Atlantic to Commence Work for... (Sep 2)


Most Popular Articles

From the Career Center
Jobs that may interest you
Permian Sales Manager- Well Testing
Expertise: Production Testing|Well Servicing & Testing
Location: Midland, TX
 
Senior Operator - Well Test
Expertise: Well Servicing & Testing
Location: Broussard, LA
 
US Sales Manager- Well Testing
Expertise: Production Testing|Well Servicing & Testing
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $50.5/BBL 1.89%
Light Crude Oil : $46.25/BBL 1.84%
Natural Gas : $2.65/MMBtu 1.85%
Updated in last 24 hours