Mermaid secures contract extension for Middle East subsea services

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.