The Singapore-listed company's subsidiary Seascape Surveys won two contracts in South East Asia with a total estimated potential value of $5.1 million.

The first package of work involves the DP2 dive support vessel Mermaid Nusantara together with heavy duty work-class remotely operated vehicles for a 30-day project in the Natuna Sea, Indonesia.

The vessels will carry out installation activities directly for an unnamed "international upstream oil and gas company".