A statement released by PNG Minister for Petroleum Kerenga Kua said the government reserved the right to discuss matters with the developers and that finalising the details of the deal should not take
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Santos hits new production highs
In its second quarter results the company reported a first half production of 37 MMboe, a 32 per cent increase from the previous corresponding period.
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Lakes Oil settlement delayed by PNG politics
Dondonald Limited, a majority owned subsidiary of Lakes Oil, has been involved in legal proceedings regarding the decision by PNG’s Minister for Petroleum and Energy
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LogiCamms to acquire OSD
Oil Search cautions against halting PNG projects
Speaking at an event in Sydney yesterday, Oil Search Managing Director and CEO Peter Botten said new PNG Prime Minister James Marape risked damaging the profitability
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Lakes Oil finds success in PNG court
Dondonald Limited, a majority owned subsidiary of Lakes Oil, was participating in legal proceedings with PNG’s Minister for Petroleum and Energy over the cancellation
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Santos buying into P’nyang
Santos will purchase a 14.3 per cent stake in PRL 3, which is owned by joint venture partners ExxonMobil, Oil
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Kumul and Mayur team up in PNG
The companies signed a Memorandum of Agreement (MOA) which capitalises on the gas agreement signed by the PNG Government
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Kina makes executive appointment
Phil E. Mulacek has been appointed to the position where he will take an active role in the company’s development of its existing oil and gas operations in Papua New Guinea. With more than 35 years’
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PNG politics could threaten LNG deal
Last month, project operator Total, along with joint venture (JV) partners ExxonMobil and Oil
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