Oil Search has continued drilling at the Gobe Footwall 1 exploration well in PDL 4 in Papua New Guinea heading into 2020.
Its September production dropped from 6.88 million barrels of oil in June to 6.81 million barrels despite strong production rates in July.
The marginally lower quarter Read more
The two groups have been negotiating terms for developing the P’nyang gas field which, along with the Papua LNG Project, would double PNG’s LNG Read more
The PNG Government will stand by the Papua LNG Gas Agreement that was signed in April 2019 by former Prime Minister Peter O’Neill. Read more
PNG Minister for Petroleum Kerenga Kua will travel to Singapore with a negotiating team to discuss new terms for the gas agreement that was Read more