Mermaid Launches New Offshore Transportation, Installation & Decommissioning

Source: www.gulfoilandgas.com 6/30/2020, Location: Asia

Mermaid Maritime Public Company Limited is pleased to announce that its wholly owned subsidiary Mermaid Subsea Services (Thailand) Ltd. (“MSST”) has established an Offshore Transportation, Installation (T&I) and Decommissioning services business unit as part of its diversification for growth strategy.

This new business unit comprise seasoned Thai personnel with a minimum of 10-20 years of working experience in oil and gas operations and offshore facilities construction in the Gulf of Thailand. The scope of services shall include new platform and pipeline installation and decommissioning to meet demand from major oil operators in Thailand and the surrounding region.

“The potential for future decommissioning work is expected to increase in 2021 and continue over the next 10-20 years. In particular, the Gulf of Thailand has over 400 offshore platforms with an estimated 100 platforms to be approved by the Thai government for decommissioning over the next 10 years.

With this initiative by Mermaid, we have become the first Thai-owned and Thai-operated services company in the Offshore Transportation, Installation and Decommissioning sector having the capability to deliver services of an international standard using qualified local content for the Thailand market”, said Mr. Chalermchai Mahagitsiri, Mermaid’s Chief Executive Officer.

A major oil and gas operator in Thailand has already initiated a decommissioning program for 49 platforms during the period from 2020-2023 and MSST has been approved as a qualified bidder to participate in the provision of services for these potential projects.


Angola >>  6/15/2021 - MDL has completed a flexible installation offshore Angola with DOF Subsea. An MDL flex-lay spread, consisting of a Second-generation Reel Drive System...
Norway >>  6/11/2021 - Kongsberg Maritime (KM) has won contracts to design and equip two construction service operation vessels (CSOV/SOV) for the Norway-based shipowner Awi...

Belgium >>  6/7/2021 - Euronav NV has sold the Suezmax Filikon (2002 – 149,989 dwt) for USD 16.3 million. A capital gain on the sale of approximately USD 9.3 million will be...
United States >>  6/6/2021 - Austal Limited is pleased to announce that Austal USA has been awarded a US$3.6 million functional design contract to prepare for construction of the ...

Finland >>  6/2/2021 - Construction of the first of the two new Superstar ro-pax vessels has begun. The traditional steel cutting ceremony of MS Finnsirius was held at the C...
Guyana >>  6/2/2021 - Siem Offshore has been awarded a 55 days firm contract plus options, in addition to mobilization and demobilization fees, for the MPSV "Siem Dorado" f...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.