ExxonMobil PNG may have trumped Oil Search’s bid for InterOil Corporation, but Papua New Guinea’s largest company will still benefit from the US major’s US$2.3 billion bid, according to Oil Search’s Managing Director Peter Botten. He tells Business Advantage PNG that the bid by ExxonMobil delivers most of the benefits of Oil Search’s take over offer and pushes the ‘cooperation agenda’.
Search Results for: Papua LNG
Oil Search will benefit from working with ExxonMobil on Papua LNG project, says Botten
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3 Aug 2016 by Leave a Comment
Papua LNG project ‘definitively’ going ahead in Papua New Guinea, says Total
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29 Apr 2016 by 17 Comments
France’s Total SA has confirmed its plans to commence construction for Papua LNG, the country’s next big liquefied natural gas project. Business Advantage PNG spoke with Philippe Blanchard, Managing Director of its PNG subsidiary, Total E&P PNG, to learn more about its race to start construction in 2018.
Papua LNG project to have ‘similar impact’ on Papua New Guinea to PNG LNG: InterOil CEO
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29 Mar 2016 by Leave a Comment
With the PNG LNG project now in production, all eyes are on Papua New Guinea’s next likely gas project: Papua LNG. InterOil Corporation has been with the project, based on the Elk-Antelope gas fields in Gulf Province, since its inception. Chief Executive Officer Michael Hession tells Business Advantage PNG why the project is still promising, even in a time of low global gas prices.
Leading Australian energy analyst on Papua New Guinea and the global LNG market [video]
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23 Sep 2025 by Leave a Comment
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.
LNG and metals look a strong bet for Papua New Guinea
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6 Nov 2024 by Leave a Comment
The outlook is positive for the key commodity exports that will support Papua New Guinea’s resources sector in coming decades, including LNG, gold and copper. Business Advantage PNG speaks with the analysts to find out why.
ExxonMobil PNG’s Tera Shandro on the next decade of LNG in Papua New Guinea
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7 May 2024 by 2 Comments
A decade on from the opening of PNG LNG, Papua New Guinea’s first gas project, ExxonMobil PNG’s Chairperson and Managing Director Tera Shandro reflects on the progress so far and the potential of forthcoming projects such as the K5 billion Angore project and the Wildebeest prospect.
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.
Papua New Guinea’s LNG roadmap clearer following signature of P’nyang gas agreement
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23 Feb 2022 by Leave a Comment
With a gas agreement finally executed for the US$10 billion ExxonMobil-led P’nyang gas project, and a start date provided for front end engineering and design for TotalEnergies’ Papua LNG project, Papua New Guinea’s energy sector now has a clear roadmap for the rest of the decade.
Papua New Guinea’s P’nyang LNG project: what we know so far
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13 Oct 2021 by Leave a Comment
‘Heads of agreement’ have been reached for the ExxonMobil-led P’nyang gas project in Papua New Guinea’s Western Province. Business Advantage PNG looks at what this means for the project’s future development.
Landmark agreement: Papua New Guinea increases its stake in future LNG exploration projects with Total
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12 May 2021 by 13 Comments
Kumul Petroleum has announced that the PNG government has negotiated an additional seven per cent equity with future joint venture projects with Total after ‘remobilisation talks’ regarding the Papua LNG project in Paris last week.
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