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Splash247
operations February 10, 2026

MISC Secures Contract for Papua New Guinea's First FSO Unit

Malaysia's MISC has won a contract with ExxonMobil to provide Papua New Guinea's first offshore floating storage and offloading (FSO) unit, as reported by Splash247. The 15-year agreement includes an option for a 15-year extension, with operations set to begin in the first half of 2028 under the Kutubu Pipeline.

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