Last week’s revised gas agreement between the Papua New Guinea Government and the developers of the Papua LNG project sets a 15 December ‘drop-dead’ deadline for a final investment decision. Business Advantage PNG examines why the agreement was revised, what it means for the project’s ownership structure, and what steps remain to reach FID.
Kumul Petroleum (KPHL)
With its National Content Plan approved, Twinza is working to reach a final investment decision on the Pasca A offshore gas project before Papua New Guinea enters election mode next year. Roppe Uyassi, Twinza’s CEO PNG, shares what’s ahead in this exclusive interview with Business Advantage PNG.
PNG’s recent challenges with fuel supply are leading to the creation of a more robust supply chain, thanks to new investments and partnerships involving state-owned entities, the private sector and even the US government. Business Advantage PNG takes a closer look.
KPHL appoints acting MD, new board Director for Credit Bank PNG, new CFO for ANZ PNG, a new head of the ICCC and new board members for PNG Tourism Promotion Authority.
The highly anticipated Papua LNG project is expected to reach a final investment decision in early 2026. This week, senior representatives of project lead TotalEnergies and the PNG government signalled that an FID is drawing closer.
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.
New Principal Geologist for Great Pacific Gold, new Chair of the Board for Kina Asset Management Ltd, new Division Director for World Bank, new Pacific Director for World Wide Fund for Nature.
As Papua New Guinea celebrates its 50th anniversary, Business Advantage PNG takes a look at some of the key economic events in its history and key players in business and commerce that have played an important role in its development.
Promotions at K92 Mining, new Executive General Manager at Kumul Petroleum, new Country Head for ANZ PNG, and board changes at Kina Bank.