Arnaud Berthet, Managing Director of TotalEnergies EP PNG, details the timeline for exploration of the Mailu-1 offshore oil prospect – and shares why the Papua LNG developer is so excited by this new venture, in this exclusive interview with Business Advantage PNG.
ExxonMobil announces key changes to its management team, the Minister for Foreign Affairs steps down, and Kina Asset Management appoints Acting Chairman.
‘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.
The Ihu Special Economic Zone project gets funding from China, Prime Minister Marape visits ExxonMobil headquarters and Kina’s acquisition of Westpac Pacific is officially over. The business news you need today.
BSP Financial Group Limited receives approval to list on the ASX; a new State Negotiating team to be reappointed to the P’nyang gas project, and Joint post-referendum talks between government and Bougainville fruitful. The business news in brief.
The delaying of negotiations over ExxonMobil’s proposed plan to develop the P’nyang gas field has led analyst Fitch Solutions to downgrade Papua New Guinea’s LNG export projections.
ExxonMobil announces executive changes, the National Development Bank names a new Chief Financial Officer, New Britain Palm Oil appoints new boss, Lae gets a new Consul-General, Pacific Community welcomes a Deputy Director-General Operations and Integration, Capital Insurance Group names Chief Operating Officer, new head for Papua New Guinea Cocoa Board and announcement at Kumul Telikom Holdings.
Papua New Guinea’s Prime Minister talks business during Independence dinner, Tari Airport reopens and Treasurer Ian Ling-Stuckey on the Central Banking Act. The business news you need to know to kickstart your week.
Telikom PNG launches a COVID-19 helpline, mining companies announce contingency plans and studies conducted at the Frieda River project site to be finalised. The news you need to kickstart your week.
The rapid spread of the coronavirus COVID-19 has disrupted global economic activity and led to a fall in financial markets. But the story is very different for big companies in Papua New Guinea, although there will be some adverse impacts, especially in the oil and gas sector.