After delays to key resources projects Papua LNG and Wafi-Golpu, there are signs that final investment decisions and other key milestones are drawing closer. Meanwhile, M&A activity in the sector is heating up.
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CEO changes at Barrick and Newmont, new chief risk officer for Kina Bank, board appointment at NGIP Agmark, Bougainville president wins second term.
The highly anticipated Papua LNG project is expected to reach a final investment decision in early 2026. This week, senior representatives of project lead TotalEnergies and the PNG government signalled that an FID is drawing closer.
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.
PEC 2025 promises opportunities for knowledge-sharing, networking and collaboration in one of the region’s most dynamic energy markets. We preview the event taking place in Port Moresby on 8 and 9 October.
Underwater photographer Karen Ho checks into remote Tawali Resort at Milne Bay to explore a range of scuba diving sites.
ICTSI South Pacific operates the international shipping terminals at Lae and Port Moresby (Motukea). In this interview with Nadav Shemer Shlezinger, CEO Robert Maxwell shares how it is investing for PNG’s resources pipeline and anticipated economic growth.
In a market where more than F$10 billion is held in retirement funds, BSP Life has carved out a niche by meeting demand from Fijians for near-term financial security.
Fiji’s tourism industry has emerged out of the COVID-19 era stronger than before, and is looking at how to future-proof itself in an ever-changing market.
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.