Mermaid secures contract extension for Middle East subsea services
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
MERMAID Maritime Public Company Limited, through its joint venture company formed with a local offshore services operator, has secured a key contract extension for subsea services in the Middle East.
The services, comprising offshore inspection, repair and maintenance services, will be carried on with a national upstream oil and gas company following its initial five-year contract period, mainboard-listed Mermaid said on Monday.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities