Australia's Nexus Energy said Thursday that it has signed an agreement with Single Buoy Moorings (SBM) to negotiate a contract to build a floating production storage and offloading (FPSO) vessel for its Crux liquids project.Nexus said SBM has already "developed an intimate knowledge" of the Crux project through its involvement in the detailed engineering and design of the gas processing and liquids extraction and compression facilities.
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