{"id":291139,"date":"2025-08-23T17:10:00","date_gmt":"2025-08-23T21:10:00","guid":{"rendered":"https:\/\/inspenet.com\/?p=291139"},"modified":"2025-08-22T13:59:23","modified_gmt":"2025-08-22T17:59:23","slug":"new-joint-venture-to-promote-energy-projects-in-taiwan","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/new-joint-venture-to-promote-energy-projects-in-taiwan\/","title":{"rendered":"New joint venture to promote energy projects in Taiwan"},"content":{"rendered":"\n<p>Mermaid Maritime, a Thailand-based company <strong>specializing in subsea services and <a href=\"https:\/\/inspenet.com\/en\/articulo\/smart-automated-offshore-oil-platforms\/\" data-type=\"link\" data-id=\"https:\/\/inspenet.com\/articulo\/plataformas-petroleras-inteligentes-offshore\/\" target=\"_blank\" rel=\"noreferrer noopener\">offshore drilling<\/a><\/strong>, announced the formation of MERMATE Co., Ltd., a joint venture in Taiwan with local ATE Energy International. The shareholding was structured as 49% for Mermaid Subsea Services (Thailand) Limited and 51% in the hands of ATE.<\/p>\n\n<p>The purpose of this alliance is to offer technical energy services, <strong><a href=\"https:\/\/inspenet.com\/en\/news\/louis-dreyfus-travocean-completes-the-dogger-bank-b-project\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/inspenet.com\/noticias\/instalacion-de-cables-submarinos-dogger-bank\/\" rel=\"noreferrer noopener\">installation of submarine cables<\/a><\/strong> and offshore construction project management. The new entity is being established with an initial capital of 1 million Taiwanese dollars, financed entirely with internal resources. <\/p>\n\n<h2 class=\"wp-block-heading\">Ate Energy Profile<\/h2>\n\n<p>ATE Energy is a Taiwanese company with extensive experience in power engineering. Its portfolio of services includes from feasibility and design studies to final testing, maintenance and quality control in projects related to <strong><a href=\"https:\/\/inspenet.com\/en\/news\/15-closed-carbon-power-power-plants\/\" target=\"_blank\" data-type=\"post\" data-id=\"143614\" rel=\"noreferrer noopener\">power plants, petrochemical<\/a><\/strong>petrochemical, incineration and renewable energy projects.   <\/p>\n\n<p>It also develops and markets storage equipment, consolidating its position as a key player in the local energy sector.<\/p>\n\n<h2 class=\"wp-block-heading\">Subsea services and the contribution of Mermaid Maritime<\/h2>\n\n<p>For its part, <strong><a href=\"https:\/\/www.mermaid-group.com\/home\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.mermaid-group.com\/home\" rel=\"noreferrer noopener\">Mermaid Maritime<\/a><\/strong> strengthens the partnership with its subsidiary Mermaid Subsea Services (Thailand), which provides technical know-how in <strong><a href=\"https:\/\/inspenet.com\/en\/news\/submarines-loggerhead-efficiency-submarine\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/inspenet.com\/noticias\/submarinos-loggerhead-eficiencia-submarina\/\" rel=\"noreferrer noopener\">subsea work and offshore<\/a><\/strong> and offshore operations.  <\/p>\n\n<p>This combination seeks to position MERMATE Co. as a reliable supplier for energy infrastructure projects in Taiwan and Southeast Asia.<\/p>\n\n<h2 class=\"wp-block-heading\">Financial impact<\/h2>\n\n<p>According to Mermaid Maritime&#8217;s press release, the investment will have no material effect on net tangible assets or earnings per share during the current fiscal year.  <\/p>\n\n<p>The transaction does not involve personal interests of directors or significant shareholders, and is limited to their institutional participation in the company.<\/p>\n\n<p><strong>Source: <a href=\"https:\/\/hub.optiwise.io\/storage\/3\/disclosure\/2025\/08\/20250822-MML-Establishment-of-JV-in-Taiwan-Mermate.pdf\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/hub.optiwise.io\/storage\/3\/disclosure\/2025\/08\/20250822-MML-Establishment-of-JV-in-Taiwan-Mermate.pdf\" rel=\"noreferrer noopener\">Mermaid Maritime Public Company Limited<\/a><\/strong><\/p>\n\n<p><strong>Photo: Shutterstock<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MERMATE was established with a capital of 1 million Taiwanese dollars and is designed for submarine cable installation projects.<\/p>\n","protected":false},"author":9014,"featured_media":291104,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13048],"etiqueta_noticias":[],"class_list":["post-291139","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-maritime"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/291139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/9014"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=291139"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/291139\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/291104"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=291139"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=291139"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=291139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}