Nexus, SBM sign Crux FPSO contract

Nexus Energy has signed an agreement with Single Buoy Moorings to enter into a period of exclusive negotiations for the integrated build, supply, and operation of the Crux liquids project FPSO.

Offshore staff

MELBOURNE, Australia -- Nexus Energy has signed an agreement with Single Buoy Moorings to enter into a period of exclusive negotiations for the integrated build, supply, and operation of the Crux liquids project FPSO.

Nexus also reports that it has finalized a settlement agreement with Viking (formerly Vanguard) Oil and Gas International and Viking Shipping following the termination of a Memorandum of Agreement (MOA) for the supply of an FPSO for the Crux liquids project signed in 2007.

02/12/2009

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