Singapore-based analysts say nowis the time for investors to make their move as the Thoresen Thai-backedoffshore outfit is on the verge of morphing into a fully fledged integrated oiland gas services power.

Bangkok-based Mermaid, which ownsa fleet of subsea vessels and a pair of tender rigs, is in prime position tobenefit from the projected rise in investment in offshore oil and gasexploration, Maybank says in a note to clients.

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