What business opportunities will flow from the Papua LNG project?

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More details have been revealed about the planned TotalEnergies-led Papua LNG gas project and how businesses can get involved.

Kumul Petroleum moves to increase Papua New Guinea’s stake in PNG LNG project

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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 has ‘enormous potential’ to increase exports, Eslake tells conference

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Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.

Papua New Guinea’s LNG roadmap clearer following signature of P’nyang gas agreement

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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.

In brief: ICCC approves Telstra’s acquisition of Digicel and other business stories

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Green light for Telstra’s acquisition in Papua New Guinea, Newcrest posts disappointing six month results and flights to Lihir Island resume. The business news your need this week.

Five reasons you should attend the 2021 Papua New Guinea Investment Conference online

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The three-day 2021 Business Advantage Papua New Guinea Investment Conference starts live-streaming at 9am on Tuesday 7 September. Andrew Wilkins, Publishing Director and conference host, Business Advantage International, outlines the reasons why this is the year to attend.

The P’nyang effect: Fitch downgrades Papua New Guinea’s LNG export projections

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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.

Total SA and Papua New Guinea sign key agreement for Papua LNG to move forward

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The long-awaited signing of the Fiscal Stability Agreement between the Papua New Guinea government and Total SA has been announced. It opens to the way for the project to go forward.

Total expected ‘shortly’ in Papua New Guinea to advance Papua LNG, says Kumul Petroleum MD

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The signing of a fiscal stability agreement between Papua New Guinea and French oil major Total looks set to trigger the FEED phase of the multi-billion dollar Papua LNG project. Wapu Sonk, Managing Director of national oil company Kumul Petroleum, tells Business Advantage PNG the signing is expected within the next two weeks.

People moves: ExxonMobil, NDB, NBPOL, Twinza, Minister for Foreign Affairs, Pacific Community, Capital Insurance Group, Papua New Guinea Cocoa Board, Kumul Telikom Holdings

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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.