Oil Search managing director Keiran Wulff believes the company has emerged from 2020 stronger and more resilient as a result of its response to COVID-19.
Papua LNG project partners Total (operator), ExxonMobil and Oil Search have signed an agreement with the Papua New Guinean Government that is expected to guarantee the fiscal stability of the proposed development.
Oil Search’s focus on performance, cost and capital allocation continued to deliver results in the December quarter last year, with record annual LNG production in Papua New Guinea (PNG).
Chiyoda Corp has secured a design, development and engineering contract with Kumul Petroleum (KPHL) for a floating, storage, re-gasification and power generation (FSRP) facility in Papua New Guinea. Read more
Horizon Oil has completed the sale of its Papua New Guinea (PNG) operations to Arran Energy for $US3.5 million ($4.9 million). Read more
Papua New Guinea (PNG) Prime Minister James Marape has passed six pieces of legislation through the country’s parliament to ensure the $US20 billion Papua LNG project proceeds. Read more
Horizon Oil has agreed to sell its portfolio of assets in Papua New Guinea to Arran Energy for $US3.5 million ($4.9 million). Read more
Oil Search has reported that the ExxonMobil-operated Papua New Guinea (PNG) liquified natural gas (LNG) project continues to perform ahead of expectations. Read more
Oil Search has continued exploratory discussions with the Papua New Guinea (PNG) Government during the first half of the year in regards to the P’nyang gas agreement. Read more