Oil Search managing director Keiran Wulff believes the company has emerged from 2020 stronger and more resilient as a result of its response to COVID-19. Outlined in the company’s 2020 full year results,
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PNG Government passes core legislation for Papua LNG project
Papua New Guinea (PNG) Prime Minister James Marape has passed six pieces of legislation through the country’s parliament to ensure the $US20 billion Papua LNG project proceeds. Marape said despite COVID-19
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Oil Search benefits from strong PNG performance
Oil Search has reported that the ExxonMobil-operated Papua New Guinea (PNG) liquified natural gas (LNG) project continues to perform ahead of expectations. Outlined in the company’s third quarter report,
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Oil Search continues work on P’nyang agreement
Oil Search has remained in discussions with the Papua New Guinea Government (PNG) in regards to the P’nyang gas agreement during the first half of the year.
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Oil Search reignites P’nyang discussions
Oil Search has continued exploratory discussions with the Papua New Guinea (PNG) Government during the first half of the year in regards to the P’nyang gas agreement. The company advised that the aim
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Oil Search records 4% production boost
Oil Search has reported that total company production during the second quarter was 7.89 million barrels of oil equivalent (mmboe), including 6.4 mmboe from the Papua New Guinea LNG project.
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Oil Search production increases by 4%
Oil Search has reported that total company production during the second quarter was 7.89 million barrels of oil equivalent (mmboe), including 6.4 mmboe from the Papua New Guinea LNG project. The PNG LNG
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Oil Search confirms robust position amid COVID-19
Oil Search has described the first quarter of 2020 as one of the most “volatile periods in history” for the company despite production increasing by 5 per cent and operated production sky-rocketing
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Oil Search to raise $1.16bn amid oil slump
Oil Search plans to raise $US700 million ($1.160 billion) to secure additional financial strength as it manages a challenging market environment. The company has launched an entitlement offer, an institutional
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Oil Search output bounces back from 2018 earthquake
Oil Search managing director Kieran Wulff has commended the company for its improved production results following the impact of the 2018 earthquake in Papua New Guinea’s Highlands. Following the
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