The final investment decision for the TotalEnergies-led Papua LNG project, which would spark a fresh investment boom in Papua New Guinea, still faces significant hurdles, as growing environmental activism makes finance harder to arrange and international energy projects compete for scarce construction resources.
Papua LNG investment decision faces delay as financiers grapple with climate concerns
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13 Dec 2023 by 4 Comments
Decarbonisation: what’s the business opportunity and how does PNG get involved?
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25 Oct 2023 by Leave a Comment
The decarbonisation of the global economy is going to create the greatest investment opportunity of our lifetime, according to KPMG’s Global Oil and Gas Lead, Jonathan Parker. But how do companies prepare, and what role does government have in making it happen?
Conference catches Papua New Guinea of the cusp of a new era of investment
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21 Aug 2023 by Leave a Comment
Investment and partnership opportunities were a focus at this year’s 2023 Business Advantage Papua New Guinea Investment Conference in Brisbane, with numbers exceeding pre-COVID levels.
Papua LNG project moves to FEED stage: what’s next?
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7 Mar 2023 by 1 Comment
The TotalEnergies-led Papua LNG gas project in Papua New Guinea has officially entered its FEED [front end engineering and design] stage – the last major stage before the $US10 billion project is given a green light. We look at what happens next.
In brief: Papua New Guinea’s potential to become the Pacific’s ‘Powerhouse’ and other stories
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26 Oct 2022 by Leave a Comment
Latest ANZ Pacific Report highlights Papua New Guinea’s economic potential, Santos posts record production largely due to PNG and a new partnership between Paradise Foods and PHAMA Plus. Your business news in nutshell.
What business opportunities will flow from the Papua LNG project?
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12 Oct 2022 by 4 Comments
More details have been revealed about the planned TotalEnergies-led Papua LNG gas project and how businesses can get involved.
Kumul Petroleum moves to increase Papua New Guinea’s stake in PNG LNG project
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27 Sep 2022 by Leave a Comment
State-owned Kumul Petroleum has made an offer to purchase a further five per cent of the PNG LNG project from Santos. The US$1.4 billion move looks set to position it to play a greater role in the future of Papua New Guinea’s oil and gas sector with global LNG demand increasing.
People moves: Kumul Petroleum, Santos
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12 Sep 2022 by Leave a Comment
Kumul Petroleum Holdings Limited fills in Chief Operating Officer position and Santos announces People & Culture Partner.
In brief: new National Elections dates and other business stories
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27 Apr 2022 by Leave a Comment
BSP Financial Group announces Q1 results, Qantas Airways resumes flights to Papua New Guinea and Lole Mining gets mining lease for ambitious project in Central Province. The business news you need today.
In brief: ICCC approves Telstra’s acquisition of Digicel and other business stories
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21 Feb 2022 by Leave a Comment
Green light for Telstra’s acquisition in Papua New Guinea, Newcrest posts disappointing six month results and flights to Lihir Island resume. The business news your need this week.
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