Papua New Guinea Overview

ExxonMobil on Monday officially announced it had bid for InterOil in an effort to bolster its LNG operations in Papua New Guinea. The US major made a “superior…

The second train on Gladstone LNG (GLNG) has begun operations on Curtis Island in eastern Australia, exploration and production company Santos confirmed today.

The…

Oil Search on Friday finalised the USD 2.2-billion acquisition of local independent InterOil Corporation. The deal is expected to streamline LNG operations in Papua New…

Oil Search marked a 10% drop in revenue in Q4, Papua New Guinea’s largest upstream oil and gas company announced today.

The exploration company’s Q4 revenue was…

Total began drilling the Antelope-6 appraisal well in the Gulf province of Papua New Guinea on Thursday.

Total has a 40.1275% stake in the well and work will begin…

Australia’s Searcher Seismic has launched a new 2D-seismic survey offshore Papua New Guinea, the company announced on Tuesday. The Haere survey is being conducted in…

Woodside Petroleum has reported a 45-percent drop in third-quarter revenue.

The company, Australia’s largest upstream operator, attributed to losses to the fall in…

Singaporean operator Interoil’s onshore appraisal well Triceratops-3 has delivered strong flow test results, at 484,272 cubic metres (17.1 mcf) of gas per day and an…

Oil Search, Papua New Guinea’s largest exploration and production company, has rejected Woodside Petroleum’s AUD11.6-billion ($8.1-billion) offer for…

Australian exploration and production company Woodside is in talks to acquire Oil Search, the largest producer in Papua New Guinea, for a reported AUD11.6 billion…