Corporate News 09-Dec-16
Board of Mercator approves sale of Floating Production Unit of Mercator Offshore
At meeting held on 09 December 2016
Mercator announced that the Board of Directors at its meeting held on 09 December 2016 approved the sale of Floating Production Unit of Mercator Offshore, a step down subsidiary of the Company for a consideration of not less than USD 76,000,000 to Oriental Energy Resources, Nigeria.
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