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.
News
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
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