Woodside Awards Mermaid Marine Two Offshore Support Vessel Contracts

12 June 2011 (Last Updated June 12th, 2011 18:30)

Mermaid Marine Australia has received two contracts worth A$60m (US$63.63m) for the charter of two offshore support vessels for Woodside's FPSO operations in the North West Shelf of Western Australia. The contract has a firm period of three years and has two options of one year each.

Mermaid Marine Australia has received two contracts worth A$60m (US$63.63m) for the charter of two offshore support vessels for Woodside’s FPSO operations in the North West Shelf of Western Australia.

The contract has a firm period of three years and has two options of one year each.

The first vessel, Mermaid Sound, will begin its contract on 15 June 2011. The second, Mermaid Strait, is still under construction and is expected to be delivered by April 2012.