Mermaid's Tender Assist Drilling Rig 'MTR-2' Receives Safety Milestone Award for Four Years of No Loss Time Incidents

Mermaid Maritime Public Company Limited (“Mermaid”) is pleased to announce that its tender assist drilling rig 'MTR-2' had been awarded a Safety Milestone Award from the International Association of Drilling Contractors for achieving four (4) years of no loss time incidents. This is considered by Mermaid to be a significant achievement and exemplifies Mermaid's dedication to safety in par with its operating efficiency. The 'MTR-2' is currently serving a two-year offshore drilling contract in Indonesia.