In preparation to serve Australia’s fast-growing offshore oil and gas industry, PSA Marine (Pte) Ltd, a wholly-owned subsidiary of Singapore’s PSA Corporation, has signed a conditional agreement to buy a 20% stake in Mermaid Marine Australia Limited. The Australian Stock Exchange-listed company operates offshore support vessels and supply bases. Mermaid Marine will issue 23,480,000 new…
SINGAPORE: PSA Marine to buy 20% stake in Mermaid Marine Australia Limited
Posted on September 3, 2002 by EnergyAsia