London Marine Consultants (LMC) has secured a contract from MISC to supply an external turret mooring system for a planned floating storage and offloading vessel in Papua New Guinea.
The FSO was recently awarded to MISC by ExxonMobil, with support from Santos. The vessel will have a storage capacity of about 800,000 barrels and is expected to receive oil from Santos-operated fields connected to the Kutubu Pipeline System in the first half of 2028.
The turret mooring system will help keep the FSO on station and provide a route for oil production to move through the offshore facility. Such systems are large steel structures used on FSOs and floating production, storage and offloading vessels.
London Marine Consultants (LMC), owned by Yinson Production, will carry out the design work at its London headquarters. Fabrication will take place in Southeast Asia.
The award is the company’s 16th turret mooring contract. It follows its 2025 award for the turret system on the Vietnam Block B FSO, which is under construction in Vung Tau.
The Papua New Guinea FSO is planned as the country’s first offshore floating facility. London Marine Consultants (LMC) works in a specialist market that also includes SOFEC, Bluewater, and National Oilwell Varco (NOV)’s APL division.
