Search results for: Nexus Energy

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  • 14 February 2014

    The Australian newspaper yesterday reported that Nexus Energy could sell its assets or even the whole company either to Shell or to ConocoPhillips. However, Nexus Energy has issued a press release saying it is “not in discussions with Shell or ConocoPhillips in relation to any potential transaction, nor is the Company aware of any potential approach […]

  • 24 January 2011
    Business & Finance

    Nexus Energy Limited (“Nexus”) refers to the article published today in The Australian Financial Review newspaper regarding speculation on the Crux liquids project. Nexus advises that it is in discussions with a contractor for the provision of an FPSO as well as a project financier and potential joint venture partners for the Crux liquids project […]

  • 28 September 2012

    Nexus  Energy announced that both Shell and Osaka Gas have provided confirmation that they have received FIRB approvals for the consolidation of interests in relation to the Crux AC/L9 asset. Nexus Energy executed binding agreements with Shell Developments (Australia) Pty Ltd and Osaka Gas for the consolidation of interests in relation to the Crux AC/L9 […]

  • 18 February 2014
    Business & Finance

    Don Voelte, Chairman and Non Executive Director of the Board at Australia’s Nexus Energy has resigned. Voelte who is also CEO and Managing Director of Seven Group Holdings (SGH) has informed the board that given SGH’s strategic focus on opportunities in the oil and gas sector, his position on the board of Nexus is no […]

  • 3 April 2012
    Business & Finance

    The Board of Nexus Energy Limited (Nexus) has appointed Mr Lucio Della Martina as its Chief Executive Officer. Mr Della Martina will take up his appointment with Nexus mid-May and will be relocating from Perth to Melbourne. Following a short handover period, Executive Directors, Michael Fowler and Ian Boserio will resume the positions of Non-executive […]

  • 14 March 2012

    Melbourne-based Nexus Energy said that the company has been approached by several large energy companies expressing interest to acquire part of Nexus’ Crux equity in the new joint venture in order to secure access to long term LNG rights. Nexus Energy in January signed a non-binding heads of agreement with Shell Development (Australia) and Osaka […]

  • 30 January 2013
    Business & Finance

    Nexus Energy Limited (Nexus) advises that the Crux Joint Venture has received an offer from the Joint Authority for the issuance of a Retention Lease for five years. The application for the Retention Lease with respect to Production Licence AC/L9 was lodged with the National Offshore Petroleum Titles Administrator (NOPTA) following completion of the consolidation […]

  • 29 September 2011
    Business & Finance

    Nexus Energy Limited (Nexus) has received shareholder queries following the departure of CEO Richard Cottee from Nexus and confirms that the unexpected resignation was not related to any transaction with respect to Crux and does not impact in any way on the Company’s announced strategy with regards the Crux asset. Leading up to his resignation, […]

  • 21 February 2014

    Nexus Energy said that production at the Longtom gas processing facility has been halted overnight. Nexus and Santos Limited are currently investigating the cause of the suspension, the company said in a statement. [mappress] Press Release, February 21, 2014

  • 30 January 2013

    Nexus Energy said that the Crux Joint Venture has received an offer from the Joint Authority for the issuance of a Retention Lease for five years. The application for the Retention Lease with respect to Production Licence AC/L9 was lodged with the National Offshore Petroleum Titles Administrator (NOPTA) following completion of the consolidation of the […]

  • 27 May 2013

    Nexus Energy Limited  advises that the offshore intervention program that started on 13 May 2013 to restore production at Longtom has been completed, and gas production recommenced on 26 May 2013.  As part of the Santos Limited led offshore program, Nexus completed maintenance works on Nexus’ offshore facilities. These maintenance works were successfully completed on time and […]

  • 3 April 2012

    Nexus Energy said it has appointed Mr Lucio Della Martina as its Chief Executive Officer. Mr Della Martina will take up his appointment with Nexus mid-May and will be relocating from Perth to Melbourne. Following a short handover period, Executive Directors, Michael Fowler and Ian Boserio will resume the positions of Non-executive Chairman and Non-executive […]

  • 3 August 2010

    HARTLEY’S has upgraded Nexus Energy on speculation of a takeover and said a deal with Royal Dutch Shell makes sense… theaustralian [mappress] Source: theaustralian, August 3, 2010

  • 14 May 2013

    Nexus Energy said that it has reached a binding agreement with Santos to amend the Longtom Agreement relating to Nexus’ 100% owned Longtom gas production asset. The agreement is subject to certain conditions being satisfied or waived by 30 June 2013. These include Nexus obtaining funding for the required work program to satisfy the supply […]

  • 14 May 2013
    Business & Finance

    Nexus Energy Limited today announces that it has reached a binding agreement with Santos Limited (Santos) to amend the Longtom Agreement relating to Nexus’ 100% owned Longtom gas production asset.  The agreement is subject to certain conditions being satisfied or waived by 30 June 2013. These include Nexus obtaining funding for the required work program to satisfy the […]

  • 14 January 2013

    Nexus Energy Limited (Nexus) advises that production at the Longtom gas processing facility near Orbost, Australia, has been suspended as a result of an electrical fault. The location of the fault is in the process of being determined and could be within the Santos Limited (Santos) or Nexus offshore facilities. The outage is expected to […]

  • 21 February 2014

    Australia’s Nexus Energy Limited (Nexus) advises that production at the Longtom gas processing facility has been halted overnight. “Nexus and Santos Limited are currently investigating the cause of the suspension. Nexus will update the market in due course,” the company said in a statement. The Longtom gas field is located in Production Licence VIC/L29 within the Gippsland […]

  • 14 January 2013

    Nexus Energy said that production at the Longtom gas processing facility has been suspended as a result of an electrical fault. The location of the fault is in the process of being determined and could be within the Santos Limited or Nexus offshore facilities, the company said in a statement. The outage is expected to […]

  • 22 June 2012
    Business & Finance

    Nexus Energy Limited (Nexus) advises that the vessel to inspect and potentially rectify the electrical fault that caused the suspension of Longtom offshore gas field production announced on 6 June 2012 arrived on site on 20 June 2012. Initial inspections have successfully identified the fault to be contained within a specific section of the offshore […]

  • 29 May 2012

    Nexus Energy announced that documentation for the alignment and consolidation of interests in AC/L9 containing the Crux Field and the Auriga and Caelum prospects are well progressed. Nexus Energy signed in January a non-binding Heads of Agreement (HOA) with Shell Development (Australia) Pty Ltd and Osaka Gas Crux Pty Ltd to exclusively pursue a Shell-led […]

  • 29 January 2013

    Nexus Energy Limited (Nexus) advises that, further to the operational update issued on 14 January, in which the company announced that production at the Longtom gas processing facility has been suspended  as  a  result  of  an  electrical  fault, an offshore intervention program will  commence shortly. A vessel with the capability to inspect and potentially rectify the […]

  • 7 January 2008

    Nexus Energy Limited is pleased to advise that it has secured a tanker and early stage project finance for the Crux liquids project. Vanguard Oil and Gas International Ltd has entered into an agreement to purchase the M. V. ‘Ishwari’ crude oil tanker for deployment as a Floating Production Storage and Offloading vessel (‘FPSO’) on […]