Mermaid Secures a $10M Subsea Services Contract in the Gulf of Thailand

Thailand-based Mermaid Maritime Public Company Limited reported Wednesday that its subsidiary Mermaid Subsea Services (Thailand) Ltd. has secured a subsea remotely operated vehicle (ROV) services contract, worth around $10 million, in the Gulf of Thailand with a major upstream oil and gas company.

The workscope under the two year deal, which runs from March 2016 to March 2018, covers structure and sea line inspection, free span correction, and corrosion prevention, in the Gulf of Thailand. The contract includes an option for a one-year extension.

Mermaid Subsea Services will utilize the dynamic positioning 2 (DP2) ROV Support Vessel "Mermaid Sapphire" along with a deepwater work-class ROV plus associated equipment and specialist personnel for the contract.



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

WHAT DO YOU THINK?

Click on the button below to add a comment.
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
 -  Scottish Government Reveals New Subsea... (Jan 20)
 -  SOFF Secures Services Contract for Jan... (Jan 20)
 -  NPD Grants Lundin Permit for Appraisal... (Jan 20)
 -  Lion: AMT-1 Well Abandoned After Stuck... (Jan 20)
 -  Unite: Workers 'Deeply Unhappy' About ... (Jan 20)


Most Popular Articles

From the Career Center
Jobs that may interest you
Rockies Area Operations Manager
Expertise: Mud Engineer / Drilling Fluids|Well Servicing & Testing
Location: Denver, CO
 
Drilling Chokes Operator
Expertise: Field Service Tech|Well Servicing & Testing
Location: Odessa, TX
 
CDL Class A Drivers
Expertise: Well Servicing & Testing
Location: Midland, TX
 
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours