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Mermaid Maritime Opens New Office

Maritime Activity Reports, Inc.

October 12, 2006

Denmark's Mermaid Maritime (Vietnam) Ltd. has opened its office in Ba Ria-Vung Tau Province under a cooperation agreement between Vietnamese and Danish firms in the oil and gas industry. The event took place early this week on the occasion of a Vietnam visit by eight Danish offshore industry companies from October 9-13 to explore business opportunities. Mermaid Maritime (Vietnam) is located in Dong Xuyen Industrial Park. Though it was set up in October 2004, it has already become a market leader in marine and offshore safety equipment in Vietnam.

The visit also takes in Hanoi and HCMC. The delegation is scheduled to join seminars aimed at looking into the prospects-for cooperation in the oil and gas industry. The seminars are arranged by the Danish embassy in cooperation with PetroVietnam. The Danish companies are able to provide equipment for the industry as they cover a wide range of expertise, from marine boiler solutions, safety services, and sophisticated protective coatings, via sonar solutions and vapour recovery technology to water and environment related consultancy, and underwater services.

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