Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Green Marine›Addax Petroleum completes FPSO replacement ahead of schedule
Green Marine

October 4, 2006 · about 20 years ago

Addax Petroleum completes FPSO replacement ahead of schedule

Addax Petroleum Corporation (TSX: AXC) (“Addax Petroleum” or the “Corporation”) today announced that it has successfully replaced the floating production storage and offloading vessel (“FPSO”) on the OML123 property offshore Nigeria, with an upgraded FPSO contracted from Fred Olsen Production AS (“F

1 minutes read
  • LinkedIn
  • X
  • Email

Addax Petroleum Corporation (TSX: AXC) (“Addax Petroleum” or the “Corporation”) today announced that it has successfully replaced the floating production storage and offloading vessel (“FPSO”) on the OML123 property offshore Nigeria, with an upgraded FPSO contracted from Fred Olsen Production AS (“Fred Olsen”) and that production on OML123 has returned substantially to pre-replacement levels.

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Green MarineNews

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1Methanol-ready energy subsea construction vessel arrives in Norway for completion
  2. 2Equinor employs 2009-built Odfjell Drilling rig for additional wells
  3. 3Nexans starts manufacturing 525 kV subsea cables for LanWin2 offshore wind grid connection
  4. 4More oil found at permit offshore Gabon

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free