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.
Industry sectors
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.
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.
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.
Steamships broke ground on its 38-hectare Portside Business Park to great fanfare in 2024. Alan Heyns, General Manager of its property division, shares its impressive progress so far with Business Advantage PNG.
Saul Kavonic, Head of Energy Research at MST Financial, provides his outlook for the global LNG market and shares why Papua New Guinea is such a critical part of global supply, in this recorded interview with Business Advantage PNG.
Independent power producers are key to PNG’s ambitious electrification goals. However, they may wait to see results from PNG Power’s turnaround plans before approving new investments, as Business Advantage PNG learns.
Pacific Lime & Cement has taken a big step towards providing Papua New Guinea’s construction sector with a domestic alternative to costly imported materials, as its MD Paul Mulder explains to Business Advantage PNG.