Papua New Guinea
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Lakes Oil succeeds in PNG court
A court in Papua New Guinea has found in favour of Lakes Oil over the cancellation of a petroleum prospecting licence.
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“Full steam ahead” for Papua LNG Project
The Papua New Guinea Government has cleared the operator to proceed with the project.
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Gulf of Papua mooring system damaged
Oil Search suspended liquids loading in the Gulf of Papua last week due to damage to the mooring system.
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PNG renegotiating gas agreement
The Papua New Guinea Government is seeking to renegotiate the terms of the Papua LNG gas agreement.
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PNG government backing LNG deal
The Papua New Guinea Government says “in principle” it will stand behind the Papua LNG Gas Agreement.
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Santos hits new production highs
Santos has achieved record production volumes in the first half of 2019.
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Lakes Oil settlement delayed by PNG politics
The replacement of a Papua New Guinea (PNG) minister has delayed the result of a Lakes Oil legal matter.
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LogiCamms to acquire OSD
Subject to shareholder approval, LogiCamms will soon finalise its acquisition of OSD.
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Oil Search cautions against halting PNG projects
The new Papua New Guinea Government needs to progress the country’s LNG developments or risk falling behind, according to a project participant.
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Lakes Oil finds success in PNG court
A Lakes Oil subsidiary has achieved a favourable development in a Papua New Guinean court.
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Santos buying into P’nyang
Santos will acquire interest in the petroleum licence containing the P’nyang natural gas field in Papua New Guinea.
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Kumul and Mayur team up in PNG
Kumul Petroleum and Mayur Power Generation have signed an agreement to develop energy projects from gas in Papua New Guinea.
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Kina makes executive appointment
Kina Petroleum has appointed a new Chief Operations Officer of Upstream and LNG.
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PNG politics could threaten LNG deal
Political unrest in Papua New Guinea could jeopardise the recently signed Papua LNG project gas agreement.
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Papua LNG gas agreement signed
The Papua LNG Project Joint Venture (JV) partners have signed a gas agreement with the Papua New Guinea (PNG) Government.
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Papua LNG agreement delayed
An agreement between the Papua LNG Joint Venture (JV) and Papua New Guinea government has been delayed.
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Horizon reassesses in PNG
Horizon Oil has been directed to propose a new or varied development plan for a petroleum licence in Papua New Guinea.
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PNG LNG signs deal with Unipec
PNG LNG will increase its contracted volumes to approximately 7.9 million t per annum (MTPA) thanks to the new agreement.
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Papua LNG closing in on gas agreement
The Papua LNG Joint Venture (JV) will finalise a gas agreement with the Papua New Guinea (PNG) government within weeks, according to a JV partner.
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Australian companies in mix for Twinza
Potential buyers and investors for Twinza Oil include Australian energy heavyweights Santos and Oil Search, according to reports.
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Oil Search results up despite quake
Oil Search recorded a net profit after tax increase for 2018, despite operations going offline for periods after the Papua New Guinea earthquake.
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Oil Search provides update on PNG explorations
Drilling is progressing at an appraisal well in the Papua New Guinea Highlands.
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Total, Woodside eye Oil Search acquisition
Woodside Petroleum and French company Total are rumoured to among potential contenders to acquire Oil Search.
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Bass producing strong numbers in Sumatra
Bass Oil recorded another strong month at the its development in Sumatra, Indonesia.
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Oil Search establishes new bilateral facilities
Oil Search has entered into three new bilateral revolving credit facilities totalling US$300 million (AU$416 million).
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STATS targeting Australia
UK-based STATS Group is looking to increase contract opportunities in Australia and the wider Asia Pacific region.
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