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Mermaid acquires outstanding stakes in Seascape Surveys

Mermaid acquires outstanding stakes in Seascape Surveys
Bangkok: Mermaid Maritime has agreed to buy the remaining 20% stakes it does not own in Seascape Surveys in Singapore and Thailand.

Following the acquisitions Seascape Surveys Pte Ltd and Seascape Surveys (Thailand) Ltd will become wholly owned subsidiaries of Mermaid Offshore Services.

Mermaid also owns 95% of PT Seascape Surveys Indonesia and three companies provide provide hydrographic survey and positioning services, primarily to the offshore oil and gas industry in the South East Asia and Australasia region.