Paul Whiley, COO and Executive Director of oil and gas offshore and subsea services firm Mermaid Maritime, shares how it is moving into decommissioning and other sunrise specialities to thrive in the long term. Even as the world shifts towards renewable energy, there will be many opportunities in the oil and gas industry in the coming decades, says Mermaid Maritime’s Chief Operating Officer and Executive Director Paul Whiley. The firm, headquartered in Thailand and listed on the Singapore Exchange, offers offshore and subsea services to companies in the sector and has contracts across the globe. In recent years, Mermaid Maritime has transitioned to other, more profitable evergreen and sunrise specialties to boost its bottom line and longevity. “For example, we’ve always done subsea cable laying, but didn’t concentrate on this and so never got a good share in the market. This is one of our new business priorities,” he elaborates. “We’ve also been involved in decommissioning...