Mermaid bags US$4.6 million in two deals

Mermaid Maritime has been awarded two subsea contracts with a combined estimated value of US$4.6 million.

The first contract award, with work scheduled to begin in Q3 2017, will involve a short ROV campaign for pipeline touchdown monitoring for an international EPCIC contractor offshore in the Middle East GCC.

The second contract award, with work scheduled to begin in Q4 2017, will involve use of a diving vessel with work class ROV carrying-out a subsea services project offshore East Kalimantan, Indonesia, for an international upstream oil and gas company.