Offshore and subsea shipping company Siem Offshore has announced its plan to purchase the 49% ownership in Siem Meling Offshore DA (SMODA) from O.H. Meling.
After the acquisition Siem Offshore will own 100% of the company SMODA.
As part of the deal, the vessel ‘Siddis Mariner’ will be sold from SMODA to a company owned by O.H Meling.
SMODA will continue its ownership in the vessel ‘Siem Pilot’ which will start a four year contract offshore Canada in July this year.
Recommended for you
