That situation earlier this week led to a contract for two floating storage and production units (FPSOs) and three well head platforms (WHP) to be built at the Brazilian shipyard being shredded by OGX.
OSX last month also lost a $732m deal to build 11 MR tankers.
Four other offshore units, whose construction is either complete or substantially advanced, have also been affected after OGX decided not to proceed with developing the oil fields.
All 10 units, comprising five FPSOs and four WHPs, are owned by the shipyard but long-term chartered to the oil company.
OGX will honour the contract for the first FPSO which is already in place over the field, and contracts have been redrawn for the second and third FPSOs and one WHP as construction is underway.
OSX will receive an immediate payment of $449m of which 70% is earmarked to complete the units under construction.
The future for the whole of Batista’s business empire is looking increasingly rocky, with $20bn is said to have been wiped off his personal fortune this year.
