Thailand's Mermaid Maritime Subsea Services Clinches $5.8M Contract

Mermaid Maritime Public Company Ltd. reported Wednesday that its business unit Mermaid Subsea Services (Thailand) Ltd. (MSST) has clinched a contract, valued at approximately $5.8 million, to provide technical support service personnel to a national offshore oil and gas engineering, procurement, installation and commissioning company.

MSST has commenced work on the one year contract. It will provide subsea personnel including ROV (remotely operated vehicle) superintendents, supervisors, pilot/techs, installation engineers, HSE (health, safety and environment) managers, and project managers to support subsea inspection, repair, maintenance and installation works in brown and green field projects.

The deployment covers several countries in Asia and the Middle East, Mermaid Maritime said in the press release.



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