The subject project awards include delivering a comprehensive suite of services, including diving, inspection, repairs, and maintenance, as well as subsea cable installation scopes utilizing a number of vessels, including our DP2 saturation dive support vessel, and a range of related services, and commenced as per the planned long-term contract.

“We are profoundly grateful for our clients’ ongoing trust and support, which has driven this significant achievement. These contracts underscore a major growth opportunity for Mermaid and reaffirm our pivotal role within the energy sector’s value chain. These new engagements advance our Group strategy, strengthening Mermaid’s position in the industry, ensuring a prosperous path for our stakeholders. This upward trajectory is now firmly in place, directly contributing to sustained long-term growth and a secure future for our dedicated team and their families. Our unwavering commitment to innovation, sustainability, environmental awareness, and excellence will continue to shape Mermaid’s lasting impact on the energy sector,” said Mr. Chalermchai Mahagitsiri, Group CEO.

These Projects are expected to contribute positively to Mermaid Group in 2025 and beyond.