Search results for: mermaid

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A list of search results

  • 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, […]

  • 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. […]

  • 6 March 2019

    Offshore vessel provider Mermaid Maritime has denied reports that it has sold one of its dive support vessels for demolition.

  • 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, 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 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) […]

  • 29 October 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    Mermaid’s joint-venture company in Middle East has secured a three-year contract extension for offshore inspection, repair and maintenance services with an oil and gas national company. The extension is in direct continuation to its initial seven-year contract period, whereby Mermaid will continue to provide a suite of diving services using its DP2 saturation dive support […]

  • 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 […]

  • 25 September 2017

    Offshore vessel provider Mermaid Maritime has landed a $96 million contract extension in the Middle East with what it described as a “reputable oil major client.” The extension has been awarded to a joint venture company formed between Mermaid Maritime and a local offshore services operator. While the company does not provide more details on […]

  • 25 January 2013
    Business & Finance

    Mermaid Offshore Services Limited (“MOS”) has been awarded another subsea construction services contract in China with China Offshore Oil Engineering Co. Ltd. (“COOEC”).   The contract is scheduled to commence in March 2013 for a duration of approximately six months. Contract revenues are expected to be approximately USD 30 million over this period. The contract […]

  • 29 October 2019
    Business & Finance

    Mermaid Maritime’s joint-venture company with an unnamed offshore services operator has secured a three-year contract extension with a national upstream oil and gas company in the Middle East.

  • 15 August 2013
    Business & Finance

    DSV Mermaid Endurer secures contract award from Bibby Offshore with estimated value of USD 30 million; fulfills strategy of re-entry into the North Sea

  • 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 […]

  • 18 December 2013
    Business & Finance, Project & Tenders

    Mermaid Maritime Public Company Limited announces that its subsidiary Mermaid Offshore Services Ltd. (“MOS”) has been awarded a subsea construction support services contract with a major engineering, procurement, construction, installation and commissioning (“EPCIC”) contractor in Thailand serving a major international upstream oil and gas operator. The contract award has an estimated value of USD 32 […]

  • 7 November 2014
    Business & Finance

    Mermaid Maritime, a provider of subsea and drilling services for the global offshore oil and gas industry, has chartered in three vessels in the past month to take on new projects, on the back of strong demand for its services. Mermaid Maritime has recently chartered the ‘Siem Daya 2’, an offshore subsea construction vessel to provide […]

  • 14 November 2016
    Business & Finance

    Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has seen its profit chopped by some 50 percent for the three-month period ended September 30, 2016. Namely, Mermaid’s quarterly profit came at $7.5 million, down against profit of $15.3 milion in the corresponding period in 2015. The Singapore-listed company […]