Mermaid Maritime Forms Joint Venture in Equatorial Guinea
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Mermaid Maritime Public Co., Ltd. has formed a 50/50 joint venture, MERMAID EG S.A, in Equatorial Guinea with GEPetrol S.A and Alogo Law Firm S.L. The venture aims to provide offshore services to oil and gas companies in the region. The investment is internally funded and won't significantly impact financial metrics this year.
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