Oil Search has continued drilling at the Gobe Footwall 1 exploration well in PDL 4 in Papua New Guinea heading into 2020. The company focussed drilling through the Darai Formation in a 12.25-inch hole,
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Oil Search LNG production drops after equipment damage
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 was a result of reduced rates of
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PNG negotiations stall
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 exports. PNG Petroleum Minister Kerenga Kua had
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ExxonMobil makes CCS deal
In a two-year deal worth up to US$60 million (AU$87 million), Exxon and
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Repairs impact Oil Search quarterly numbers
Liquids loading at the offshore Oil Search-operated facility in the Gulf of Papua
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P’nyang to be separate gas project
Speaking in parliament last week, Minister Kua said the ExxonMobil-led P’nyang operation and the planned third
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Lakes Oil succeeds in PNG court
Dondonald Limited, a majority owned subsidiary of Lakes Oil, has been involved in legal proceedings regarding an April 2018
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“Full steam ahead” for Papua LNG Project
The PNG Government will stand by the Papua LNG Gas Agreement that was signed in April 2019 by former Prime Minister Peter
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Gulf of Papua mooring system damaged
Oil Search said adverse weather and sea conditions in the region had prevented it from being able to fully assess the issue,
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PNG renegotiating gas agreement
PNG Minister for Petroleum Kerenga Kua will travel to Singapore with a negotiating team to discuss new terms for the gas agreement that was
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