PETALING JAYA: MISC Bhd
, the shipping arm of Petroliam Nasional Bhd, marked its maiden entry into Papua New Guinea with a 15-year charter from ExxonMobil for a new floating, storage and offloading (FSO) unit.
In a statement yesterday, MISC announced it has secured bareboat charter and operations and maintenance contracts with ExxonMobil PNG Ltd, a subsidiary of Exxon Mobil Corp and the operator of the Papua New Guinea liquefied natural gas (LNG) project.
