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