Craig,
I don't have an answer for you. I have not sailed off shore, nor have I sailed a Nereus or even seen one except in pictures. As I have stated in the past I have not let ignorance stand in the way of a long answer so what follows are my thoughts guess and ramblings.
I am attaching (I hope) a spread sheet that compares the Nereus to the Freedom 44 cat ketch and the Tanton Offshore 43 cat ketch. The first set of calculations for the Nereus are based on the data contained in the brochure on the INA website. The second set is based on data from Sailboat Data. The significant difference is the capsize ratio. Standard wisdom (Practical Sailor) is that a boat should have a capsize screening ratio below 2.00 (the number is significant to two decimal points) to be safe for offshore work. Based on the brochure data the Nereus has a ratio of 2.05 while the Sailboat Data gives a ratio of 1.89. Here is a description of the capsize formula:
"Capsize Screening Formula (CSF):
Designed to determine if a boat has blue water capability. The CSF compares beam with displacement since excess beam contributes to capsize and heavy displacement reduces capsize vulnerability. The boat is better suited for ocean passages (vs coastal cruising) if the result of the calculation is 2.0 or less. The lower the better.
CSF = Beam/Disp (cubic ft)^.333. The displacement in cubic feet can be found by dividing the displacement in pounds by 64. "
The Sailboat Data shows a higher displacement for the Nereus than the brochure, hence the better capsize number. I don't know if the displacement number given in the brochure is empty or light ship. The report experience of Nonsuch owners is that their boats are heavier than the design weight so that my be true for the Nereus as well. The extra displacement if correct gives a lower sail area to displacement ratio of 15.52. Below 16 is usually considered a bit under powered.
The Nereus unlike the Nonsuch range has a high bridge deck so is less likely to suffer from down flooding through the companionway. The two masts create redundancy, lose a mast and you still have another to take you home. The smaller sails willeasier to handle when the wind pipes up. A sail out on either side of the boat helps balance the boat downwind and the booms do not hang out as far when running. The sail area of the Nereus is about double the sail area of a 26 (420 sq ft times 2 gives 840 sq ft with two masts) so I will assume similar sail dimensions for the Nereus. 1/2 the beam of a Nereus is 7 ft and the foot of the 26 sail is 20' 4" which means the end of the boom on a Nereus is about 13 ft outside the hull when running. 1/2 the beam of a 36 is 6' 4" and the foot of the sail is 28' so the end of the boom will hang about 21' - 22' outside of the hull on a run. As a result the boom ends on the Nereus are less likely to dig in on a roll than the boom ends on a 36. The lower centre of effort on the sails will also help reduce the heel of the boat compared to a 36.
There is an letter on the INA site (search "Mazza") regarding prepping a Nonsuch for offshore. A good idea would be to go through the letter and see how the Nereus is set up on each of those points. Based on the photos the Nereus has welded boom ends which is one of the items Bob Mazza recommended.
I note the Nereus has bigger fuel and water tanks than the Freedom or Tanton which is beneficial for offshore work.
There are examples of the Nonsuch 30 crossing oceans although it was not intended for that purpose. The Nereus would be better suited to the role than the 30 but I can't answer the question: "is it ocean worthy".
Mark Powers