Norway's Nexus says plans to lay up only vessel


OSLO, Feb 25 (Reuters) - Norwegian oilfield services firm Nexus Floating Production said on Wednesday it would lay up its first production vessel upon delivery in June because of a lack of projects. Nexus, located in Singapore, has ordered two floating production, storage and offloading (FPSO) vessels from Samsung Heavy Industries in Korea. The global economic downturn has led to delays and cancellations of several petroleum developments as crude prices have plummeted from peaks hit in ...

Premium Content (PAID Subscription Required)

"Norway's Nexus says plans to lay up only vessel" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×