Thai marine services company Mermaid Maritime, through wholly owned subsidiary Mermaid Subsea Services Thailand (MSST), has established a new offshore transportation, installation, and decommissioning business unit.
The scope of services to be provided by the new business unit will include new platform and pipeline installation and decommissioning to meet demand from major oil operators in Thailand and the surrounding region.
The business unit was recently approved as a qualified bidder for a decommissioning programme initiated by a local oil and gas operator. The programme will involve the removal of 49 platforms between 2020 and 2023.