Drilling service provider Mermaid has landed a $50million contract in the Gulf of Thailand.
The two-year deal will see the firm’s dive support vessel provide subsea constrcution support for a major oil and gas operator in the area.
The Mermaid Commander will be used for the installation of numerous spool pieces, risers, wyes and tees.
Chalermchai Mahagitsiri, chief executive, said: “The group is very pleased to have been awarded this contract to provide subsea construction support in the Gulf of Thailand for the
10th and 11th consecutive year.
“We will continue to maintain our high standards and ensure that Mermaid remains in prime position for any future contract awards.”
Work is expected to start in April 2015.
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