Crux joint venture calls off FPSO MOA

Published: Nov 21, 2008

Offshore staff

MELBOURNE, Australia -- Nexus Energy's Memorandum of Agreement (MOA) with Vanguard Oil and Viking Shipping for the supply of an FPSO for its Crux liquids project has been terminated. The Crux joint venture was unable to make a final investment decision (FID) with Viking as the FPSO provider.

The Crux joint venture will now proceed to negotiate an alternative offer from an FPSO provider for the project.

11/21/2008

Sevan gains breathing space for Voyageur re-deployment (Mar 17, 2010)

Noreco takes charge of Barents Sea permit (Mar 17, 2010)

Transocean drillship assigned to Turkish Black Sea (Mar 17, 2010)

South Morecambe well structures safely extracted (Mar 17, 2010)

Det norske tests waters north of Varg (Mar 17, 2010)

Jubilee heading for late-2010 start-up (Mar 17, 2010)

Gulf of Mexico lease sale draws $949 million in high bids (Mar 17, 2010)

Petrobras launches Sergipe campaign with oil discovery (Mar 17, 2010)

Monitoring system to assist Baltic Sea pipelay (Mar 17, 2010)

Total commits to WoS gas export plan (Mar 17, 2010)

More Latest Articles >


Offshore Videos More Offshore Videos		Current issue Volume 70, Issue 3 March 2010 Table of Contents Past Issues Maps, Posters & Surveys Maps & Posters Surveys Surveys in Excel

Offshore Magazine Article Categories:

Regional Reports		Geology & Geophysics
Oil Drilling and Completion		Oil and Gas Pipelines & Transportation
Oilfield Development and Construction		Oil Production
Subsea		Oil Rigs & Vessels
Oil Equipment & Engineering		Offshore Magazine Current Issue
Business Briefs		Archives