Search results for: PNG LNG

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  • 24 February 2015
    Business & Finance

    The first custom-built LNG carrier for the Papua New Guinea LNG project (PNG LNG) arrived at the PNG LNG marine facilities on February 22 to begin cool down and loading of its first LNG cargo. Recently christened as the Papua, the 172,000 cubic metre, 290-metre-long LNG carrier has entered service on a long-term charter with the […]

  • 23 February 2015
    Vessels

    The Papua, the first PNG LNG project custom-built ship, arrived at the PNG LNG marine facilities on 22 February to begin cool down and loading of its first LNG cargo. The 172,000 cbm, 290-metre-long LNG carrier, has entered service on a long-term charter with the PNG LNG project, providing LNG transportation to major customers in […]

  • 30 April 2018
    Ports & Logistics

    US energy giant ExxonMobil, the operator of the PNG LNG project, said it has restarted production from the second liquefied natural gas (LNG) train. 

  • 23 February 2015
    Vessels

    The Papua, the first PNG LNG project custom-built ship, arrived at the PNG LNG marine facilities on 22 February to begin cool down and loading of its first LNG cargo. The 172,000 cbm, 290-metre-long LNG carrier, has entered service on a long-term charter with the PNG LNG project, providing LNG transportation to major customers in […]

  • 14 September 2017

    The government of Papua New Guinea has started to pay local landowners royalties from the $19 billion ExxonMobil-operated PNG LNG project. Landowners have protested several times over the LNG royalties and equity in the project. The PNG LNG project has been exporting the chilled fuel since April 2014 with a 2-percent royalty set aside for landowners, […]

  • 16 February 2017

    ExxonMobil PNG, a unit of the US-based energy giant and operator of the Papua New Guinea LNG joint venture, said Thursday it has added 2.3 trillion cubic feet (Tcf) to the existing LNG project fields’ resource base. The resource addition follows an independent review by Netherland Sewell Associates. The recertification study, which included all PNG […]

  • 28 January 2020

    The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search reported a jump in revenue for the fourth quarter of 2019. 

  • 23 August 2016

    The ExxonMobil-operated US$19 billion PNG LNG project is looking at multi-year contracts for spot sales of the chilled fuel as the project is producing above the nameplate capacity, according to Oil Search that has a 29 percent share in the JV. The PNG LNG project is producing 7.7 million tonnes per annum (mtpa), 12 percent above the […]

  • 22 July 2014

    PNG’s Oil Search said it’s oil and gas production in the second quarter was 3.69 million barrels of oil equivalent (mmboe), up 120 percent compared to 1.68 mmboe in the previous corresponding period, reflecting the impact of the start-up of the PNG LNG project. Production from PNG LNG was 1.87 mmboe, while the base PNG […]

  • 1 June 2014

    Bechtel: GLNG Progress Update (VIDEO) Work is progressing on the Bechtel GLNG Curtis Island site. First PNG LNG Cargo Heads to Japan The first shipment of liquefied natural gas from ExxonMobil PNG Limited’s US$19 billion PNG LNG Project has left Papua New Guinea carrying a cargo bound for Japan for Tokyo Electric Power (TEPCO). New […]

  • 5 June 2014

    PNG’s Prime Minister Peter O’Neill and his delegation inspected on Wednesday the LNG tanker Spirit of Hela, which arrived on June 3 in Tokyo and is currently berthed at the PNG foundation customer, Tepco’s Futtsu terminal. TEPCO has already agreed to import more LNG from PNG in the coming years and anticipates this to continue […]

  • 20 July 2018
    Project & Tenders

    The ExxonMobil-operated PNG LNG project has entered into a mid-term sale and purchase agreement with PetroChina for the supply of liquefied natural gas starting in July 2018. The mid-term deal is for the supply of about 0.45 million tonnes of  LNG per year over a three-year period from the LNG project in Papua New Guinea, according […]

  • 20 December 2016

    The Papua New Guinea Government has announced it will deploy the military near the ExxonMobil-operated $19 billion PNG LNG project due to what it says rising tensions between tribes in Hela province in the highlands. PNG’s Cabinet has approved a call-out of the Papua New Guinea Defence Force (PNGDF) to support Police to conduct security […]

  • 2 April 2018
    Vessels

    The ExxonMobil-operated PNG LNG plant is nearing export resumption as the liquefied natural gas carrier Kumul docked at the facility with a cooldown cargo. 

  • 26 September 2017

    The $19 billion ExxonMobil-operated PNG LNG project has reportedly launched a tender to sell four spot cargoes. The tender, which closes on Wednesday, offers two November-loading cargoes, one in January and one in March, Reuters reported on Tuesday citing trading sources. ExxonMobil owns 41.6% percent in the LNG project while Oil Search holds a 29 […]

  • 6 May 2013

    Oil Search announced that operations at the Komo Airfield have commenced. Oil Search Managing Director, Peter Botten, said: “This is a major milestone for the PNG LNG Project. The 3.2 kilometre Komo Airfield provides a gateway for large equipment to be transported to the Project’s Hides Gas Conditioning Plant, which will treat natural gas and […]

  • 6 December 2010

    Esso Highlands Limited, a subsidiary of Exxon Mobil Corporation and operator of the PNG LNG Project, recently officially opened its Port Moresby Construction Training Facility. The Project is investing 150 million Kina in training services and capital costs to train up to 4,000 Papua New Guinean workers for employment during the four-year construction phase of […]

  • 11 July 2014

    One of the latest developments in the LNG industry will be discussed at the CWC Group’s 6th World LNG Series: Asia Pacific Summit (LNG Asia), which will take place 23-26 September 2014 in Singapore. Papua New Guinea (PNG) recently exported its first LNG cargo to the Tokyo Electric Power Company (TEPCO) in Japan. It is […]

  • 22 April 2013

    Engineering and project services company Clough said that the Clough Curtain Joint Venture (CCJV) has received work orders worth approximately A$76 million associated with the PNG LNG Project’s upstream contract. The PNG LNG Project is an integrated development that includes natural gas production and processing facilities, onshore and offshore pipelines and liquefaction facilities. The PNG […]

  • 22 April 2013
    Business & Finance

    Engineering and project services company Clough Limited (ASX:CLO) today announced that the Clough Curtain Joint Venture (CCJV) has received work orders worth approximately A$76 million associated with the PNG LNG Project’s upstream contract. The PNG LNG Project is an integrated development that includes natural gas production and processing facilities, onshore and offshore pipelines and liquefaction facilities. The PNG LNG Project […]

  • 2 February 2015
    Vessels

    Mitsui O.S.K. Lines said it has taken delivery of the LNG carrier Papua built by Hudong-Zhonghua Shipbuilding on January 30.

  • 22 November 2016

    Spot sales at the PNG LNG project are steadily increasing as the ExxonMobil-operated US$19 billion project is continuing to produce above its nameplate capacity, co-owner Oil Search said on Monday. Papua New Guinea’s first LNG export project delivered 89 cargoes in total since it came onstream in April 2014. Out of these, 75 cargoes were sold under long-term […]