Brief: PTTEP Says Unit & Mermaid Subsea Services (Thailand) Co Form JV Co

Mermaid Maritime PCL

17/09/2020 11:21

Sept 17 (Reuters) - PTT Exploration and Production PCL:
    * UNIT & MERMAID SUBSEA SERVICES (THAILAND) CO FORM JV CO
ZEAQUEST
    * JV WITH REGISTERED CAPITAL 155 MILLION BAHT
    * JV CO WITH EQUAL SHAREHOLDING AT 50% BY BOTH ARV & MERMAID
SUBSEA SERVICES (THAILAND)
    * JV TO DEVELOP AI & ROBOTIC TECHNOLOGIES TO PROVIDE
UNDERWATER
SERVICES TO OIL & GAS AND RENEWABLE ENERGY CORPORATES

Source text for Eikon:  ID:nSETlZBgXa 
Further company coverage:  MMPC.SI   PTTEP.BK 

 (Reuters.Briefs@thomsonreuters.com)