The planned FSO unit will have an operational life of 30 years and a minimum storage capacity of 800,000bbl.

Malaysia’s shipping giant MISC has won the contract to provide a floating storage and offloading (FSO) vessel for US ...

Twenty-nine global banks reject financing a Papua New Guinea LNG project led by TotalEnergies, citing climate, environmental ...

PNG LNG Project, together with the PNG Oil Fields, has fully funded the development of a new Floating Storage and Offloading (FSO) facility. ExxonMobil PNG Managing Director and Chairperson Dinesh ...

MISC Bhd has inked a contract with ExxonMobil PNG Limited, the operator of the PNG LNG project, for the provision of long-term bareboat charter and operations and maintenance for a floating storage ...

MISC Bhd, the shipping arm of Petroliam Nasional Bhd, marked its maiden entry into Papua New Guinea with a 15-year charter from ExxonMobil for a new floating, storage and offloading (FSO) unit.

THE PNG Government has commended the PNG LNG Venture for investing in the multi-billion Kina Floating Storage and Offloading (FSO) facility.

The LNG export business has become one of the great U.S. growth industries of the last decade, bringing major economic and ...

Twelve more banks and export credit agencies, including ING, KfW IPEX-Bank and Standard Bank, have reportedly ruled out financing TotalEnergies’ proposed Papua LNG project, citing environmental, ...

Japanese shipowner Mitsui OSK Lines is believed to have emerged as the winner of a tender to supply LNG carriers to the ExxonMobil-led PNG LNG project. MOL is rumoured to have scooped the business ...