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.
First LNG Cargo Loaded from Exxon PNG Project
LNG carrier Spirit of Hela, which is jointly owned by MOL and Itochu Corporation, has left Papua New Guinea carrying the first LNG cargo from the ExxonMobil-led PNG LNG Project, Mitsui O.S.K. Lines, Ltd. announced. The PNG LNG Project is Papua New Guinea’s first ever LNG project, and it will provide long-term supply of gas to customers in Japan and other countries. The vessel loaded LNG at the Project’s Marine Terminal, which is located near Port Moresby, the capital of Papua New Guinea. The first cargo will be delivered to Tokyo Electric Power Company. On May 14, Papua New Guinea’s Prime Minister Peter O’Neill visited the vessel for a tour.
Australia, Papua New Guinea Team-Up to fight illegal fishing
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.
ExxonMobil Sees PNG LNG Producing at 16 pct Above Nameplate
ExxonMobil expects to deliver 7.9 million tonnes of liquefied natural gas from Papua New Guinea this year, around 14 percent above nameplate capacity of its PNG LNG plant, says a report in Reuter's quoting the company's PNG head. The PNG LNG plant, operated by its biggest owner ExxonMobil, can produce at more than 8 million tonnes a year or 16 percent above original design specifications, ExxonMobil's PNG managing director Andrew Barry said at a conference in Sydney. "The benefits…
First PNG LNG Cargo Shipped by Exxon Mobil
Exxon Mobil Corporatio says it has shipped the first cargo of liquefied natural gas (LNG) from the $19 billion PNG (Papua New Guinea) LNG project ahead of schedule. PNG LNG, operated by ExxonMobil affiliate ExxonMobil PNG Limited, is expected to produce more than 9 trillion cubic feet of gas over its estimated 30 years of operations. The first cargo is bound for LNG customer Tokyo Electric Power Co. Inc. (TEPCO) in Japan. Production from the first train started in April, 2014, and production from the second train has also started as additional wells came online.
Kitimat LNG Partners to Purchase Pacific Trail Pipelines Interest
Kitimat LNG partners Apache Canada Ltd. (Apache Canada) and EOG Resources Canada Inc. (EOG Canada) announced that they have agreed to purchase the 50 percent interest in the Pacific Trail Pipelines Limited Partnership (PTPLP) they do not own from Pacific Northern Gas Ltd. (PNG) for $50m. Apache Canada and EOG Canada will pay PNG $30m on closing – expected by the end of February – and a second payment of $20m when the purchasers decide to proceed with construction of the Kitimat liquefied natural gas (LNG) export facility. "Acquiring the PTP is an important step in building a comprehensive system that will enable Apache and EOG to tap Asian markets for our abundant natural gas resources in the Horn River Basin and elsewhere in Western Canada," said Janine McArdle, president of Kitimat LNG.
Smit Lamnaico Wins Marine Services Contract
Royal Boskalis Westminster N.V. (Boskalis) announces that its associated company Smit Lamnalco has been awarded a 10-year contract with additional extension options by Esso Highland (a subsidiary of ExxonMobil) for providing terminal services at the Papua New Guinea liquefied natural gas (PNG LNG) export terminal near Port Moresby. The total contract value is USD 120 million (Boskalis share USD 60 million) and services will commence mid-2014. The PNG LNG export terminal is part of a larger integrated LNG production, processing and liquefaction project which started following the discovery of three major gas field in Papua New Guinea. Both the offshore and onshore infrastructure is currently under construction and expected to be operational in 2014.
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.
LNG Tanker Sailing to Netherlands' Gate Terminal
Liquefied natural gas (LNG) tanker Vladimir Rusanov set to arrive at Netherlands' Gate terminal on April 25, according to Reuters shipping data.The tanker has a capacity of 170,000 cubic metres and is coming from Russia's Yamal LNG terminal.The tanker went to Gate terminal earlier this month. Reporting by Nina Chestney
New Ro/Ro Facility Coming to Alabama
Plans are in motion to develop a new vehicle processing roll-on/roll-off (RO/RO) facility at Alabama’s Port of Mobile in the U.S.Today in Buenos Aires, Argentina, the Alabama State Port Authority signed a Memorandum of Understanding with AutoMobile International Terminal, a joint venture of Terminal Zárate S.A. and SAAM Puertos S.A., to develop and operate the new $60 million facility, which is expected to be completed in 2019.The agreement marks a giant step forward in supporting automotive logistics in the Americas and abroad…
Maersk Line Fast Growing in Pacific
Four years after launching a dedicated service into Papua New Guinea, Maersk Line is one of the key carriers in this fast growing Pacific country, claims Social Media Community of Maersk Line. Papua New Guinea occupies the eastern half of the island of New Guinea and its offshore islands in Melanesia, a region of the southwestern Pacific Ocean north of Australia. One of the most culturally and geographically diverse nations in the world, Papua New Guinea (also known as PNG) is home to huge economic opportunities…
Papua New Guinea Bullish on LNG Potential
A new wave of investments in Papua New Guinea’s energy sector could see some $19 billion of projects launched in the coming years, boosting the country’s liquefied natural gas (LNG) output and providing employment to thousands. France's Total S.A. is progressing work on the Papua LNG Project in Petroleum Retention License (PRL) 15, Papua New Guinea (PNG) and construction of the development is expected to commence in 2018, creating employment for up to 10,000 persons, the firm said Friday when announcing financial results for the first quarter of 2016 (1Q 2016) ending March 31.
Enhanced Satellite Connectivity in Papua New Guinea
Global satellite communications service provider SpeedCast International Limited has entered into an agreement with O3b Networks, where O3b will provide capacity for Papua New Guinea via its Medium Earth Orbit (MEO) satellite constellation. The O3b-based service will allow SpeedCast to deliver high throughput and low latency internet services to local customers. SpeedCast’s high bandwidth new IP Trunk from Port Moresby to the international Internet backbone will enable high throughput voice and data services, whose performance will be similar to or even exceed that of traditional fiber connectivity, SpeedCast said. O3b’s MEO configuration provides low latency in satellite communications of less than 150 milliseconds.
MOL Takes Delivery of LNG Carrier
Mitsui O.S.K Lines Limited (MOL) has taken delivery of the LNG carrier Papua built by Hudong-Zhonghua Shipbuilding Company. The Papua is the first in a series of four vessels to provide LNG transportation for the PNG LNG project in Papua New Guinea and the Gorgon LNG project in Australia. MOL will operate the Papua ship under a long-term charter for the PNG LNG project, which is operated by ExxonMobil. In January 2011, MOL assigned technical experts to the shipyard in China and created a shipbuilding supervision team to ensure the safe and high-quality construction of these LNG carriers.
Inchcape Shipping Services Opens in PNG
Inchcape Shipping Services announced the opening of its own offices in . Concurrent with the new launch, the company has been awarded the agency for ANL and CMA/CGM in PNG. ANL‘s Asia Service offers direct calls to and from Papua New Guinea to Port Kelang, Singapore and Jakarta. Using ANL's worldwide network, the line also offers connections to other ports in , , Hong Kong, the Indian Sub Continent, Middle East/Gulf, Europe and the .
Hudong-Zhonghua Selected to Build LNG Carriers
Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced today that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in . These carriers will provide LNG transportation from the Papua New Guinea (PNG) and Gorgon Jansz LNG projects and will be jointly owned by MOL and China Shipping (Group) Company (CS).
Exxon to Take Bids for Tankers
Exxon Mobil Corp., said it will invite shipyards and vessel owners to take part in a tender for the supply of tankers to transport the fuel. Pre-qualification for the tender and decisions on the required number and size of vessels will be completed by the end of the year, Exxon said. PNG LNG plans to have a fleet of dedicated ships in order to control the required efficiency in shipping scheduling, it said. Source: Taiwan News
Georgia Ports' Box Volume Jumps 14%
The Georgia Ports Authority achieved 14 percent growth in March container volumes, moving 355,208 Twenty-foot Equivalent Unit containers. For the fiscal year to date (July-March), TEU container trade grew by 9 percent, or 255,786 additional units for a total of 3.08 million, a new record for Savannah. "Savannah's continued strength is a reflection of our customers' commitment, Georgia's leadership, and the many dedicated service providers, GPA employees and ILA members who come together every day to achieve great things," said GPA Executive Director Griff Lynch.
Bidding for PNG’s Offshore Oil Leases On
The Papua New Guinea Government received confirmation of global interest in bidding for 15 exploration blocks in the Gulf of Papua when 60 executives from more than 30 international oil and gas companies attended their inaugural road show in Singapore. The companies included the big British Gas Group, ChevronTexaco, CNPC of China, Hunt Oil Company, Korea Gas Corporation, Mitsubishi, Nippon, Pearl Energy Ltd, Petronas, Premier Oil, Repsol and Singapore Petroleum. Sir Moi told the audience that the area was selected because of their newly recognised prospectivity and proximity to onshore discoveries as well as finds in the offshore Papuan sedimentary basin.
Hudong-Zhonghua to Build LNG Carriers for PNG, Gorgon Jansz
Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in China. These carriers will provide LNG transportation from the Papua New Guinea (PNG) and Gorgon Jansz LNG projects and will be jointly owned by MOL and China Shipping (Group) Company (CS). A ceremony was held in Beijing to celebrate the execution of a Project Development Agreement and a Heads of Agreement for Shipbuilding Contracts in the presence of Mr. Zhang Guobao, vice chairman, National Development and Reform Commission…
EXMAR and LNG Partners Align for BC LNG Project
Following execution of a Letter of Intent (LOI) by EXMAR with LNG Partners, LLC and LNG BargeCo BVBA for the long-term charter of a floating liquefaction and storage unit (FLSU) to serve the BC LNG Project near Kitimat, British Columbia, Canada, EXMAR and LNG Partners announced today that they have taken a number of additional steps to solidify their alliance. As a focal point for the alliance, the two companies have invested in a joint venture company appropriately named Marching Prospect Limited. The new company will acquire interests in the BC LNG Project upstream of the FSLU. In addition, EXMAR has made a loan of $50,000,000 (CAD) to finance a nonrefundable deposit for construction of the FSLU.
Esso Highlands PNG LNG Project on Track
Esso Highlands Limited (EHL) operator of the PNG (Papua New Guinea) LNG Project report project capacity increased by 5%. The increase has been achieved through system-wide optimisations as well as some minor modifications. Progress is being achieved across all parts of the project. Drilling is under way on two production wells, the offshore pipeline has been completed, all major process equipment for the LNG plant and all pipe rack modules on the LNG jetty have been installed, all piling is complete and foundations are under way at the Hides Gas Conditioning Plant. The Project remains on track to achieve start-up in 2014.The estimated Project cost has increased from $15.7 billion to $19 billion (excluding Port Moresby administration facilities and shipping).
T&T Salvage Aids Charity’s Efforts Against Malaria
A small feeder container vessel ran aground off the coast of Papua New Guinea. A large part of its cargo consisted of 32 containers of mosquito nets owned by international charitable organization the Rotary Club through their subsidiary Rotarians Against Malaria, a not-for-profit Non-Governmental Organization (NGO) engaged in a program aimed at eliminating Malaria in Papua New Guinea by the use of Long Lasting Insecticidal Mosquito Nets (LLIN’s) which are delivered free of charge to every household in Papua New Guinea. The nets aboard the grounded vessel were not insured and the charity simply did not have the funds to pay a salvage award.