Back toour markets

Papua New Guinea Overview

Papua New Guinea

in figures

Oil Search in PNG gas find
NEWS
Papua New Guinea - August 08, 2018

Oil Search has struck gas onshore Papua New Guinea, partner Santos announced on Wednesday.

Well Barikewa-3 in the PRL9 permit…

READ MORE
PetroChina to buy LNG from PNG
NEWS
Papua New Guinea - July 20, 2018

The Papua New Guinea [PNG] LNG project, operated by ExxonMobil, has struck a three-year agreement to export gas to China,…

READ MORE
Oil Search strikes gas in PNG
NEWS
Papua New Guinea - June 07, 2018

Well Kimu-2 in the PRL 8 licence in Papua New Guinea has encountered gas, operator Oil Search announced on Thursday.

A drill stem test flowed 980,000 cubic metres…

READ MORE
ExxonMobil restarts Papua New Guinea plant
NEWS
Papua New Guinea - April 13, 2018

ExxonMobil has resumed operations at its massive LNG plant near Port Moresby in Papua New Guinea, the super-major announced on Thursday.

The facility, which produces…

READ MORE
Quake shuts down PNG operations
NEWS
Papua New Guinea - February 26, 2018

A 7.5-magnitude earthquake in Papua New Guinea on Monday has caused major destruction and panic, severely impacting the island nation’s oil and gas infrastructure,…

READ MORE
Oil Search in PNG gas find
NEWS
Papua New Guinea - January 04, 2018

Oil Search has discovered gas in Papua New Guinea, the company announced on Thursday.

Analysis of the find, made in the P’nyang South 2 well in the PRL 3 licence,…

READ MORE
PNG to sell Oil Search stake
NEWS
Papua New Guinea - September 21, 2017

Papua New Guinea is to sell its remaining stake in Oil Search in order to quash a USD 1-billion loan, international media reported on Thursday.

The PNG government…

READ MORE
Baker Hughes wins extensive PNG contract
NEWS
Papua New Guinea - August 08, 2017

Australia’s Twinza has hired Baker Hughes to provide fullstream services for the development of the Pasca A gas and condensate field offshore Papua New Guinea, the…

READ MORE
Oil Search grows PNG footprint
NEWS
Papua New Guinea - May 29, 2017

Oil Search is set to acquire stakes in ExxonMobil-held petroleum prospecting licences (PPLs) and a Petroleum Retention Licence (PRL) in Papua New Guinea, the company…

READ MORE
Total hits tough layers in Papua
NEWS
Papua New Guinea - February 02, 2017

The French giant Total and its smaller partners Oil Search and InterOil have drilled a side track appraisal well in the Orubadi Formation in Papua New Guinea after…

READ MORE