BGEC - What does BGEC stand for? The Free Dictionary
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Norwegian-controlled floating production, storage and offloading (FPSO) vessels supplier and operator Nexus Floating Production Ltd said on Thursday (31 July) that it has signed a Letter of Intent (LOI) with Burgundy Global Exploration Corporation (BGEC) for the lease of the FPSO Nexus#1.
BGEC is granted a first right of refusal which enables Nexus to continue promoting the vessel in the market.