Search results for: mermaid ausana

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  • 8 December 2014

    Mermaid Maritime has officially marked the start of its new vessel / rig construction by participating in a steel cutting ceremony for its performance class tender rig ‘MTR-3’ and DP2 multipurpose subsea dive support and construction vessel ‘Mermaid Ausana’. The ceremony took place at the shipyards of China Merchants Heavy Industry in China in Nantong […]

  • 27 May 2016
    Business & Finance

    Mermaid Maritime and China Merchants Industry Holdings have mutually agreed to postpone the delivery of the DP2 dive support and construction vessel ‘Mermaid Ausana’ to June 30, 2017. Based on the Norwegian MT6024 design, the ‘Mermaid Ausana’ is a DP2 multipurpose subsea dive support and construction vessel that will be equipped with an 18-man twin […]

  • 8 December 2014
    Exploration & Production

    Mermaid Maritime, a provider of subsea and drilling services for the offshore oil and gas industry, has marked the start of the construction of two of its offshore units, a vessel and a rig. The company took part in a steel cutting ceremonies for its performance class tender rig ‘MTR-3’ and DP2 multipurpose subsea dive […]

  • 7 December 2016
    Business & Finance, Project & Tenders

    Mermaid Maritime and China Merchants Industry Holdings have mutually agreed to cancel the construction contract for the DP2 dive support and construction vessel ‘Mermaid Ausana’, effective December 6, 2016. The two companies previously settled to postpone the delivery of the vessel to June 30, 2017. The construction deal had already seen Mermaid pay a pre-paid installment of USD 20.4 million. […]

  • 27 May 2016
    Exploration & Production

    Thai-based offshore contractor Mermaid Maritime has deferred the deliveries of two rigs and one subsea vessel, to get more time to find work for these assets. The company ordered the MTR-3 and MTR-4 tender rigs and the subsea construction vessel Mermaid Ausana back in 2014. In a statement on Friday, it said it had agreed […]

  • 7 December 2016
    Equipment

    Mermaid Maritime, an offshore services provider, has canceled the delivery of a subsea vessel it ordered in China back in 2014. In a statement on Wednesday, Mermaid said its subsidiary Mermaid Offshore Services had terminated the construction contract by mutual consent with the China Merchants Industry, the vessel builder. The company had earlier agreed to […]

  • 11 December 2016
    Business & Finance

    Subsea World News has put together a recap of the most interesting articles from the previous week (December 05– December 11). Subsea Integration Alliance between OneSubsea, a Schlumberger company, and Subsea 7 has secured a contract from Murphy Oil for engineering, procurement, construction, installation and commissioning (EPCIC) of subsea multiphase boosting system for the Dalmatian Field in the Gulf of […]

  • 19 June 2012
    Business & Finance

    Mermaid Maritime Public Company Limited announced the appointment of Mr. Prasert Bunsumpun as its new Chairman of the Board of Directors, as well as the appointments of Mr. Chalermchai Mahagitsiri, Mr.  Joseph Chia, Mr. Ng Cher Yan and Mr. Joachim Toh as new Directors. The appointments of Mr. Prasert Bunsumpun, Mr. Chalermchai Mahagitsiri and Mr. […]

  • 29 January 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    Mermaid Maritime Public Company Limited (“Mermaid”) announces that its business units Mermaid Offshore Services Limited (“MOS”) and Subtech Qatar Diving and Marine Services LLC (“Subtech”) has been awarded a series of contracts from existing clients for the provision of subsea services to support offshore oil and gas fields in the Gulf of Thailand, Sakhalin and […]

  • 26 November 2013
    Business & Finance

    Mermaid Maritime Public Company Limited (Mermaid) announced that its business units serving the Middle East has recently been awarded a suite of subsea services contracts for air diving services including air diving for pipeline free-span correction and a subsea cable lay contract.  All contract awards were secured through Mermaid’s wholly owned subsidiary Subtech Ltd. (Seychelles) […]

  • 20 June 2012
    Business & Finance

    Mermaid Maritime Public Company Limited announced the appointment of Mr. Prasert Bunsumpun as its new Chairman of the Board of Directors, as well as the appointments of Mr. Chalermchai Mahagitsiri, Mr. Joseph Chia, Mr. Ng Cher Yan and Mr. Joachim Toh as new Directors. The appointments of Mr. Prasert Bunsumpun, Mr. Chalermchai Mahagitsiri and Mr. […]

  • 25 September 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    Mermaid’s joint venture company formed between Mermaid and a local offshore services operator in a GCC country in the Middle East has secured a contract extension for offshore inspection, repair and maintenance services with a national upstream oil and gas company following its initial five-year contract period. The contract extension, worth approximately USD 96 million, […]

  • 29 October 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Mermaid Maritime Public Company Limited announced that a new joint-venture company formed between Mermaid and a local offshore services operator has secured a significant long term offshore inspection, repair and maintenance services contract with a reputable client whereby Mermaid will provide a suite of diving services using one of its modern DP2 dive support vessels […]

  • 29 October 2012
    Business & Finance

    Mermaid Maritime Public Company Limited, has announced it has secured a contract with reputable client by joint-venture company formed between Mermaid and local offshore services operator. Contract duration is a minimum of five years plus a two-year option. Total contract value for the five year period is estimated to be approximately US$ 530 million. Mermaid’s […]

  • 26 November 2013

    Mermaid Maritime Public Company Limited has informed that its business units serving the Middle East has recently been awarded a suite of subsea services contracts for air diving services including air diving for pipeline freespan correction and a subsea cable lay contract. All contract awards were secured through Mermaid’s wholly owned subsidiary Subtech Ltd. (Seychelles) […]

  • 26 November 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    Mermaid Maritime Public Company Limited announced that its business units serving the Middle East has recently been awarded a suite of subsea services contracts for air diving services including air diving for pipeline free-span correction and a subsea cable lay contract. All contract awards were secured through Mermaid’s wholly owned subsidiary Subtech Ltd. (Seychelles) and […]

  • 9 November 2010
    Business & Finance

    Mermaid Maritime Public Company Limited (“Mermaid”) refers to its previous announcement dated 27 July 2010 titled: “Mermaid’s Rig ‘MTR‐1’Awarded Accommodation Barge Contract in the Middle East” (“Contract”). Mermaid announced that it has received notice of cessation of the said Contract from its charterers, Cudd Pressure Control Inc. (“Cudd”), a company based in the United States. […]

  • 29 January 2013
    Business & Finance, Equipment

    Mermaid Maritime Public Company Limited (“Mermaid”) announced that its business units Mermaid Offshore Services Limited (“MOS”) and Subtech Qatar Diving and Marine Services LLC (“Subtech”) have been awarded a series of contracts from existing clients for the provision of subsea services to support offshore oil and gas fields in the Gulf of Thailand, Sakhalin and […]

  • 24 December 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Mermaid Maritime, a provider of subsea and drilling services for the offshore oil and gas industry,  has separately received two commendations from its long-term customers for its exemplary showings in performance and safety standards. In Indonesia, Mermaid’s Indonesian unit received a full score from its customer after successfully completing their 2014 subsea inspection, repair and […]

  • 15 August 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    Mermaid Maritime Public Company Limited announces that its wholly owned subsidiary Subtech Ltd. has recently been awarded a subsea services contract with Bibby Offshore Limited for services in the North Sea. This contract will utilize the DP2 Dive Support Vessel ‘Mermaid Endurer’ for inspection, repair and maintenance services and light construction intervention. The contract, with […]

  • 27 May 2016
    Business & Finance

    Mermaid Maritime has announced that it has, through its subsidiaries, signed seven different subsea contracts and two contract extensions. The contracts were obtained by Mermaid’s subsidiaries Mermaid’s Western Hemisphere (MSSW), Mermaid’s Eastern Hemisphere (MSSE) and associate Asia Offshore Drilling (AOD). Mermaid said on Friday that MSSW has signed seven new subsea project contracts in the Middle […]

  • 25 January 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    Mermaid Maritime Public Company Limited (“Mermaid”) announces that its business unit Mermaid Offshore Services Limited (“MOS”) has been awarded another subsea construction services contract in China with an existing client, China Offshore Oil Engineering Co. Ltd. (“COOEC”). This contract will be performed utilizing Mermaid’s specialized DP2 Dive Support Vessel ‘Mermaid Endurer’ and other specialized equipment […]