Mermaid Secures Additional Subsea Contracts,

Friday 27 May 2016

Mermaid Maritime Public Company Limited (“Mermaid” or "Company") is pleased to announce that Mermaid’s Western Hemisphere business unit (“MSSW”) has recently been awarded seven (7) different subsea projects in the Middle East with an estimated aggregate contract value of USD 11 million.

The various work scopes include subsea survey, inspection, repair and maintenance as well as light construction. The jobs will be performed in various offshore areas of Qatar and in the Kingdom of Saudi Arabia such as Manifa, Safaniya, Zuluf and Tanajib. Most projects will be completed by the end of August 2016.

More - http://mermaid.listedcompany.com/newsroom/20160527_181534_DU4_9Q6CESX94458ZVE3.1.pdf