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

Papua LNG is on track with an estimated timeline set for Final Investment Development (FID) to be made.

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

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

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, ...

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 ...

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 ...

A consortium of Saipem, Daewoo Engineering & Construction and Tripatra Engineers and Constructors has won the front-end engineering and design contract for the upstream facilities for TotalEnergies’ ...

OCTOBER WILL BE be a big month for Papua New Guinea. It doesn’t sound much on paper: it’s the deadline for the final investment decision on a liquefied natural gas and pipeline project. But it’s a ...

Papua New Guinea will press Exxon Mobil (NYSE:XOM) for a better deal on its P'nyang gas project than the government gained in its recent agreement with Total (NYSE:TOT) for its Papua LNG project, ...