Search results for: nexus

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  • 3 August 2012

    Nexus said it has signed Crux Consolidation Agreements with Shell and Osaka Gas. Nexus CEO Lucio Della Martina said following the execution of the Consolidation agreements. “The commercial framework is now in place to allow the partners to accelerate exploration and fully assess the range of development options for Crux, including the possibility of establishing […]

  • 5 July 2012

    Nexus Energy Limited refers to the Heads of Agreement with Shell Development Pty Ltd and Osaka Gas Crux Pty Ltd announced on 19 January 2012 and says that main documentation for the consolidation of interests in AC/L9 has been finalised and parties are now progressing to their final board approvals. As announced on 29 May […]

  • 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 […]

  • 5 July 2012

    Nexus Energy Limited (Nexus) advises that main documentation for the consolidation of interests in AC/L9 has been finalised and parties are now progressing to their final board approvals. The company refers to the Heads of Agreement with Shell Development (Australia) Pty Ltd (Shell) and Osaka Gas Crux Pty Ltd (Osaka Gas) announced on 19 January […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 13 May 2011
    Business & Finance

      Nexus Energy Limited announces that it has executed an agreement with McDermott Asia Pacific Pte. Ltd. (“McDermott”) to perform engineering and strategy review of the Crux liquids project. Under this agreement, Nexus has the right to review McDermott’s initial works by the end of June 2011. If this review is satisfactory to Nexus, and […]

  • 7 November 2019
    Business & Finance, Equipment, Operations & Maintenance

    MacArtney has recently supplied the latest NEXUS MK C multiplexer to Swedish marine survey specialist MMT. The NEXUS MK C is the latest delivery in a series of seven multiplexers provided to MMT since 2018. Working in close collaboration with Reach Subsea, MMT ordered the customised NEXUS MK C connectivity solution (named the Super MUX […]

  • 23 October 2012

    Nexus Energy  executed binding agreements with Shell Development (Australia) and Osaka Gas for the consolidation of interests in relation to the Crux AC/L9 asset. Nexus announced that, following receipt of Title Registration approvals and FIRB approvals, the consolidation agreement has now been completed. The new integrated gas and liquids Joint Venture is now established, providing […]

  • 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 […]

  • 19 January 2012

    Nexus Energy Limited has signed a non- binding Heads of Agreement (HOA) with Shell Development (Australia) Pty Ltd ( Shell) and Osaka Gas Crux Pty Ltd ( Osaka Gas) to exclusively pursue a Shell-led integrated gas and liquids development to commercialise the Crux asset.  As previously announced, Nexus has been progressing in parallel various commercialisation […]

  • 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 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 March 2012
    Business & Finance

    Nexus has been approached by several large energy companies expressing interest to acquire part of Nexus’ Crux equity in the new Joint Venture.

  • 1 July 2013

    Nexus Energy Limited (Nexus) today announces that the agreement with Santos Limited (Santos) to amend the Longtom Agreement (relating to Nexus’ 100% owned Longtom gas production asset) has become unconditional following waiver or satisfaction of the conditions precedent referred to in Nexus’ 14 May 2013 announcement. The new Gas Sales Agreement (GSA) comes into effect from today and […]

  • 4 March 2014

    Production has been shut since February 21.

  • 21 December 2011
    Business & Finance

    As presented at Nexus Energy Limited’s (Nexus) Annual General Meeting (AGM) on 17 November 2011, the commercialisation of the Crux asset to maximise shareholder value remains the company’s prime focus, said Nexus in a press release. Since the AGM, there has been substantial progress on the various commercialisation options. These options have been progressed in […]

  • 19 January 2012

    Nexus Energy Limited today said that it has signed 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 integrated gas and liquids development to commercialise the Crux asset. Nexus has been progressing in parallel various commercialisation options for the development of […]

  • 19 December 2012
    Business & Finance, Project & Tenders

    Nexus Energy Limited (Nexus) advises it has provided to Shell Development (Australia) Pty Ltd (Shell) an Option Notice that will result in the disposal of 2% of Nexus’ 17% participating interest in the Crux AC/L9 development project in the East Browse Basin, off the coast of North West Australia for $75 million. The put option […]

  • 19 December 2012
    Business & Finance

    Nexus Energy Limited (Nexus) advises it has provided to Shell Development (Australia) Pty Ltd (Shell) an Option Notice that will result in the disposal of 2% of Nexus’ 17% participating interest in the Crux AC/L9 development project in the East Browse Basin, off the coast of North West  Australia for $75 million. The put option […]

  • 29 September 2016
    Business & Finance, Equipment, Operations & Maintenance

    Geodetic Offshore Services Ltd (GOSL) has purchased two Applied Acoustics’ Nexus USBL positioning systems for its offshore projects including underwater installation, diver monitoring, seabed surveys and ROV operations. Emanuel Ekpeyong, managing director at GOSL, said: “The Nexus system has been mobilised as a stand-alone underwater positioning reference, back-up reference to vessel DP system and, in a […]