Oil Search resumes production

OIL Search restarted loading operations at its Kumul marine terminal in Papua New Guinea on Wednesday after its investigations failed to find evidence of a significant oil leak.
Oil Search resumes production Oil Search resumes production Oil Search resumes production Oil Search resumes production Oil Search resumes production

"Production at the PNG oil fields is being progressively restored and is expected to reach pre-shut in levels over the next few days," Oil Search said on Friday.

The intermittent appearance of oil droplets in the water around the terminal triggered a shut down and various investigations but physical inspections have failed to find a source of any leak in the oil export system.

The terminal is about 40km off Papua New Guinea's southern coast and exports crude oil through its tanker offloading infrastructure.

The Clough AMEC joint venture won the contract to upgrade the terminal last year as it will also export liquids from the $US15.7 billion PNG LNG project, which is targeting first cargoes in 2014.

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