Papua New Guinea LNG Project Resumes Exports
A liquefied natural gas (LNG) tanker has left Papua New Guinea laden with the first export cargo of the supercooled fuel since the country's giant LNG project resumed production after a major earthquake triggered a shutdown in February, Thomson Reuters Eikon shiptracking data showed on Monday. The tanker's destination wasn't immediately clear, but the resumption of shipments could put pressure on spot LNG prices, traders said. ExxonMobil Corp restarted output at the project near the capital Port Moresby a fortnight ahead of schedule, its Australian partners said late last week. "We confirm an LNG cargo has been loaded onto the Kumul tanker," a spokeswoman from ExxonMobil told Reuters in an email reply.
Fugro Get Papua New Guinea Pipeline IRM Contract
Fugro-TSM, a division of Fugro Subsea Services, has been awarded the Kumul Marine Terminal Pipeline IRM (Inspection Repair Maintenance) contract by Oil Search Limited. The contract is for the provision of a DP2 DSV to support air diving services around the Kumul Marine Terminal in the Gulf of Papua, PNG. FTSM has mobilised the Rem Etive, complete with work class ROV, air diving spread and associated diver tooling to undertake the IRM works around the platform, oil export pipeline and CALM Buoy. Cal Dive International has been subcontracted to provide the air diving services.
