Mermaid Maritime picks up Middle East subsea services deal

Offshore vessel provider Mermaid Maritime has been awarded a subsea services contract in the Middle East with an initial contract value of $17 million.

Mermaid Endurer; Photo by: Tam Scotland; Source: Flickr – under the CC BY 2.0 license

Mermaid said that the contract was awarded to the company’s Middle East business unit by a company from a GCC country. GCC stands for the Gulf Cooperation Council, a political and economic alliance of six countries in the Arabian Peninsula: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.

The company added that the contract duration was for 180 days, beginning in May through to October 2019.

The project will involve the use of the DP2 dive support vessel Mermaid Endurer which is equipped with a saturation, air dive, and ROV systems carrying out the DSV campaign for an undisclosed international EPCI contractor in a GCC country.

Mermaid also said that the contract was in alignment with the company’s ambitious strategy to expand its client base in its Middle East core market.

The previous time Offshore Energy Today reported on the Mermaid Endurer was in July when the vessel was awarded a subsea services contract with an initial contract value of $16 million, also in the Middle East.

The contract entailed work in a GCC country in the Arabian Gulf starting in August 2018 until March 2019.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

OWI WA 2019

West Africa’s only dedicated Offshore Well Intervention Conference is returning for its second year…

read more >

OIL & GAS PHILIPPINES 2019

Oil & Gas Philippines event display products like Oil & gas, fire protection systems and materials…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply