Oil Search has reported that while it has discovered only ‘modest’ quantities of natural gas during a new exploration campaign in the Gulf of Papua, it will continue drilling in the area.
InterOil Corporation
InterOil Corporation has announced that Dr. Michael Hession has joined the company as Chief Executive Officer, following the retirement of Phil Mulacek.
A new VP for InterOil, new partners at Deloitte and a departure at New Britain Palm Oil
Papua New Guinea’s much-anticipated second gas project could turn out to be an extension of its first, as ExxonMobil commences exclusive negotiations with InterOil and Pacific LNG.
Major changes at Bemobile as Vodafone steps in to take over, while Westpac MD and InterOil CEO announce departures.
Papua New Guinea will be heavily reliant on its liquefied natural gas exports for many years to come. Rod Myer considers how PNG’s aspirations may be affected by global trends.
The 12th Papua New Guinea Mining and Petroleum Investment Conference was held last week in Sydney, Australia. The event was hosted by the PNG Chamber of Mines and Petroleum.
Papua New Guinea’s oil and gas sector continues to attract new entrants as its ExxonMobil-led PNG LNG liquefied natural gas project moves inexorably towards a production stage.