Cott Oil and Gas Ltd has undergone a restructure to allow the company to focus on developing what could be Papua New Guinea’s first floating liquefied natural gas (FLNG) project – at the Pandora gas field in the Gulf of Papua. Cott’s Managing Director Andrew Dimsey outlines the company’s plans to Business Advantage PNG.
Earlier this month,Westpac Bank declared the General Manager of Origin Energy PNG, Lesieli Taviri, as this year’s winner of the Westpac Outstanding Women Award in Papua New Guinea. Business Advantage PNG spoke to Taviri about her career and aspirations.
National carrier Air Niugini is aiming to deliver more choice for Papua New Guinean travellers through the establishment of Link PNG, a new low-cost domestic subsidiary.
Failure to set up the Sovereign Wealth Fund criticised, Telikom undertakes ‘due diligence’ on EMTV, and a call to continue tax breaks for resource sector investors. Your weekly digest of the latest business news.
The O’Neill government is preparing to deliver its 2015 budget, against a backdrop of rising government debt and rising expenditure. Business Advantage PNG asks what business needs and what we might expect.
Share buyback and recapitalisation at Airlines PNG, lucrative tuna deal signed with United States, and Digicel in talks over buying shares in EMTV. Your weekly digest of the latest business news.
The Chairman of Papua New Guinea’s Independent Public Business Corporation (IPBC), Paul Nerau, has flagged a ‘tsunami’ of government-backed development projects worth billions of kina, including the relocation of Port Moresby’s port and gas-generated electricity.
The steady emergence of Papua New Guinea’s Barramundis national cricket side has led the sport’s managing body in the country to introduce professional player contracts—a major step in the development of the sport in PNG.
The board of Papua New Guinea’s biggest employer, New Britain Palm Oil, has recommended shareholders accept a K5.09 billion (UK 1.07 billion pound) takeover bid from Malaysia’s Syme Darby.
As part of the 2012 Alotau Accord, the O’Neill Government agreed to establish an Infrastructure Development Authority to ‘take ownership’ of Cabinet decisions and oversee major infrastructure projects in Papua New Guinea. Business Advantage PNG spoke recently to the authority’s interim Managing Director, John Kaio.