Papua LNG gas agreement signed

Project operator Total, with JV partners ExxonMobil and Oil Search, and the Independent State of PNG all signed the agreement which defines the fiscal framework for Papua LNG. The deal includes a domestic
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Horizon reassesses in PNG

Horizon holds a 30.15 per cent operating interest in the PRL 12 licence in PNG, which contains the Elevala and Ketu fields. The company and its joint venture partners
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PNG LNG signs deal with Unipec

The project’s joint venture (JV) partners have entered into a mid-term LNG sale and purchase agreement (SPA) with Unipec Singapore for the supply of approximately 0.45 MTPA over a four-year period commencing
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Papua LNG closing in on gas agreement

Oil Search Managing Director Peter Botten said the deal was expected to be done in the first half of next month. “The Papua LNG Gas Agreement is on track to
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Oil Search results up despite quake

The company’s net profit after tax hit US$341 million (AU$475.75 million), up 13 per cent from 2017. Oil Search’s Kutubu, Agogo, Moran and Gobe Main oil fields went offline after a 7.5 magnitude earthquake
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Bass producing strong numbers in Sumatra

The company reported a November production of 23,434 bbl of oil at the Tangai-Sukananti KSO project, with Bass’s 55 per cent share in the project leaving it
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