Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles and drilling and accommodation rigs. Its segments are the Subsea group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has its presence across the world and Saudi Arabia is the highest income generator.