Papua New Guinea
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Oil Search LNG production drops after equipment damage
Oil Search reported a lower production at its Papua New Guinea (PNG) liquefied natural gas (LNG) project due to mooring buoy damage in August and September.
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PNG negotiations stall
Talks between ExxonMobil and the Papua New Guinea Government over a gas development in PNG have hit a roadblock.
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ExxonMobil makes CCS deal
ExxonMobil and FuelCell Energy have signed an agreement to advance carbon capture and storage (CCS) technologies.
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Repairs impact Oil Search quarterly numbers
Damage to a mooring chain at an offshore liquids loading facility has lowered Oil Search’s quarterly production in Papua New Guinea.
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P’nyang to be separate gas project
Papua New Guinea Petroleum Minister Kerenga Kua says the development of the P’nyang gas resource will not share the fiscal terms of other PNG projects.
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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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