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January 7, 2010

OSX Brasil Buys FPSO

OSX Brasil said it has acquired a floating production storage and offloading vessel from Singaporean marine firm Nexus Floating Production. In a filing to the Sao Paulo Stock Exchange, an arm of EBX Brazil said it has bought the vessel. According to reports, the vessel,

By cms admin

OSX Brasil said it has acquired a floating production storage and offloading vessel from Singaporean marine firm Nexus Floating Production.

In a filing to the Sao Paulo Stock Exchange, an arm of EBX Brazil said it has bought the vessel.

According to reports, the vessel, OSX-1, cost the oil company $362m.

OSX is expected to charter the vessel to OGX, EBX’s oil exploration and production spin-off.

The company is also proposing to build two shipyards in Brazil to build floating production units and drilling units.

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