Aug 28 (Reuters) - Oil Search Ltd (OSH) : OIL SEARCH-OPERATED...

Aug 28 (Reuters) - Oil Search Ltd (OSH) :

• OIL SEARCH-OPERATED LIQUIDS OFFSHORE LOADING FACILITIES IN GULF OF PAPUA APPEARS TO BE DAMAGED
• OIL SEARCH HAS NOT BEEN ABLE TO COMPLETE NECESSARY INSPECTIONS TO FULLY ASSESS ISSUE
• HAS DEVELOPED A TEMPORARY SOLUTION FOR SAFE BERTHING AND LOADING OF VESSELS AT FACILITIES
• CO CURTAILED PRODUCTION FROM OIL SEARCH-OPERATED OIL FIELDS AND PNG LNG OPERATOR PARTIALLY REDUCED PNG LNG PRODUCTION
• TEMPORARY SOLUTION ENABLED LIQUIDS LOADING TO RESUME AT A REDUCED RATE FROM 25 AUGUST
• COMPREHENSIVE REVIEW OF OPTIMISING LOADING PROCEDURES, EVALUATION AND REPAIR OPTIONS IS NOW TAKING PLACE
• PRESENTLY UNCLEAR WHETHER IT WILL BE NECESSARY TO ADJUST OUR 2019 PRODUCTION GUIDANCE, AS RESULT OF THESE LOADING ISSUES
• MOORING SYSTEM AT LIQUIDS OFFSHORE LOADING FACILITIES IN GULF OF PAPUA APPEARS TO BE DAMAGED
• AS A PRECAUTIONARY MEASURE, CO TEMPORARILY SUSPENDED SCHEDULED LIQUIDS LOADING LAST WEEK DUE TO LOADING ISSUES IN GULF OF PAPUA

Source text http//reut.rs/2zrlGgQ

(([email protected];))