Png Government News

Papua New Guinea (PNG) has invited the USCGC Myrtle Hazard (WPC 1139) to join their lead in maritime operations to combat illegal fishing and safeguard maritime resources during August 2023.This marks the first time a joint patrol effort will be executed at sea since the signing and ratification of the recent bilateral defense agreement between PNG and the US, which allows the US to embark shipriders from PNG agencies aboard the ship to conduct at sea boardings on other vessels operating in the exclusive economic zone (EEZ).The move emphasizes PNG’s commitment to maritime domain awareness…

The Australian Border Force (ABF) and the Papua New Guinea (PNG) Defence Force Maritime Element conducted a PNG Government led joint patrol to identify and intercept Vietnamese illegal fishing vessels operating in the vicinity of Budi Budi Island (an Atoll) in Milne Bay. The ABF’s Maritime Border Command (MBC) received a request from the PNG Defence Force Maritime Element for assistance in detecting and intercepting Vietnamese vessels suspected of illegally fishing in PNG waters. An ABF Dash-8 surveillance aircraft conducted a targeted aerial surveillance flight on 22 December 2016, locating three Vietnamese fishing vessels approximately 350 nautical miles east of Port Moresby, PNG.

ExxonMobil's $19 billion liquefied natural gas (LNG) project in Papua New Guinea, which is shipping its first cargo, is set to dramatically transform one of Asia-Pacific's most unstable countries, for better or for worse. The LNG venture, which is expected to produce more than 9 trillion cubic feet of gas over 30 years, is the largest private investment in the South Pacific nation's history. ExxonMobil is relying on projects like this one for much-needed production growth, while the Papua New Guinea government hopes it might double its $15 billion dollar economy, now slightly larger than Botswana's. But sharing the spoils of resource projects has previously torn apart a country that is seen as one of the most corrupt in the world…

The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea (PNG) - when a wrangle over terms is solved. Beyond PNG, in international waters, regulation and royalty terms for mining the planet's subsea wealth have also yet to be finalised. The world waits for the judgement of a United Nations agency based in Jamaica. "If we can take care of the environment we have a brand new day ahead of us.

Toronto, Ontario, April 13, 2011 - Nautilus Minerals’ plan to open a new frontier of seafloor resource production has taken a major step forward, with the formation of a strategic partnership with German shipping company Harren & Partner (“Harren”). A joint venture company (the “Vessel JV”) is to be formed to own and operate a production support vessel which will serve as the operational base for Nautilus to produce high grade copper and gold ore at its first development project, Solwara 1, in the Bismarck Sea of Papua New Guinea (“PNG”).

Nautilus Minerals Inc. announced that the Jan De Nul Group has signed the shipbuilding contract with La Naval, in Sestao Northern Spain for the construction of Jules Verne a 191 m vessel to be used as the ship for Nautilus's deep sea copper and gold mining project, the Solwara 1 Project, located in the waters near Papua New Guinea. David Heydon, Nautilus CEO said: "The signing of the building contract with the shipyard for "Jules Verne" is a major step forward in the delivery of the Solwara 1 Project, building on Nautilus' leading position and first mover advantage in seafloor mining. With the ship build in hand, Jan De Nul engineers…

Nautilus Minerals Inc. said that the Jan De Nul Group has signed the shipbuilding contract with La Naval, in Sestao Northern Spain for the construction of Jules Verne, a 626-ft. vessel to be used as the ship for Nautilus's deep sea copper and gold mining project, the Solwara 1 Project, located in the waters near Papua New Guinea. This contract follows the commencement of manufacturing for the key components of the ship which included the award of five 4500 kW main diesel engines to the MAN Diesel Group in November 2006, dynamic positioning thrusters to Wartsila Nederland B.V on 19 January 2007 and rudder propellers to SCHOTTEL-Antriebstechnik GmbH on 15 February 2007.