Mailu-1 ‘a potential play opener’ for offshore oil in Papua New Guinea

Special economic zones, green finance, privatisations and more: Business Advantage PNG lists five key focus areas to look out for in Papua New Guinea’s investment space this year.

Late in 2024, a 226-page report by the global Financial Action Task Force was quietly published online that may, according to the experts, have a significant impact on Papua New Guinea’s banking and finance system. Business Advantage PNG takes a closer look.

Since 2012, the data collected by the PNG 100 CEO Survey has revealed trends in business confidence among Papua New Guinea business leaders. So, how confident are businesses in 2025?

While the timing of a final investment decision on Papua LNG remains uncertain, Papua New Guinean businesses are busy preparing for an announcement. Business Advantage PNG reports.

Papua New Guinea is on track to become an offshore gas producer before the end of the decade, thanks to Twinza’s Pasca A project. There are also hopes of large offshore oil discoveries, with two separate drilling campaigns being planned in a prospective new offshore basin.

Sarimu Kanu, Managing Director of Kumul Minerals Holdings (KMHL), sits down for an exclusive interview with Andrew Wilkins, in which he discusses Porgera, Ok Tedi and KMHL’s plans around acquisitions, stranded resources and the building of a gold refinery in PNG.

Chef Julz, as he is best known, has worked in top restaurants around the world, appears on TV and has even cooked for the Pope. Robert Hamilton-Jones pops into his venue Locker Room at the Santos National Football Stadium for a healthy ‘bowl’ lunch and a chat to the celebrity chef about his latest ventures and the local food scene.

Following its successful rebranding and renovation, Mary Tao returns to experience Faya Haus at Port Moresby’s Holiday Inn and Suites.

David Soroda reflects on Papua New Guinea’s rich food heritage, from smoky and tender meat and root vegetables prepared in a mumu in the Highlands to fresh fish in coconut cream on the coast.

With its economy buoyed by a resurgent tourism sector, we talk to business leaders in Fiji about the opportunities that lie ahead for the Pacific Islands hub.

Investors in Fiji’s tourism sector are building and upgrading, with more new hotel rooms currently being built in Fiji than there are currently in all of Papua New Guinea. We talk to industry insiders to find out more.

As media company Communications Fiji celebrates its 40th anniversary, its founder and Chairman William Parkinson sits down with Business Advantage PNG to reflect on his company’s rise from a single Suva radio station to a media powerhouse in both Fiji and Papua New Guinea.