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. Mermaid's operating segments are the Subsea group, Drilling group, and Holding. The Subsea group provides services including inspection, repair and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The Drilling group provides offshore drilling and accommodation rig services. The Subsea group generates most of the company's revenue. The company has its presence across the world and Saudi Arabia is the highest income generator.