Papua New Guinea Overview

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,…

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…

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…

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…

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…

Oil Search and ExxonMobil late on Wednesday announced an onshore natural gas discovery in Papua New Guinea’s North Highland area.

Made on petroleum prospecting…

Papua New Guinea said Monday it would seek better deals on ExxonMobil’s next gas development projects in the country, just as the US major announced it was exceeding…

Partners ExxonMobil and Oil Search on Monday announced they had spudded the Muruk-1 gas exploration well in the highlands of Papua New Guinea.

Using the High Arctic…

Papua New Guinea’s Oil Search and ExxonMobil entered into an agreement to acquire stakes in offshore assets from China National Offshore Oil Corporation’s…

Total on Thursday bowed out of the race to acquire Papua New Guinea-based InterOil, clearing the way for rivals ExxonMobil to take over the company and strengthen its…