Oil Search has announced in a recent strategy update that it will continue to reduce costs and pull back on exploration. However, the company says it intends to make the Papua LNG project a priority.
Oil Search Ltd
The Dirio project gets commissioned, Barrick distances from Papua New Guinea’s political turmoil and state-owned enterprises reform on track. The business stories you need to kickstart your week.
Wafi-Golpu close to environmental permit, Kina Bank to launch capital fund for SMEs and PNG LNG delivers its highest production moment yet despite the COVID-19 pandemic. The business news you need to kickstart your week.
Kumul Minerals Holdings renews its board, City Pharmacy appoints new CEO, British American Tobacco announces head of National Field, change on Oil Search Board and Solomon Brewery welcomes a Supply Chain Manager.
Kumul Minerals Holdings welcomes a Registered Mine Manager, Papua New Guinea’s Independent Consumer and Competition Commission reappoints CEO, and new appointment for Oil Search’s former head.
Oil Search appoints six Independent Committee Members, new cabinet members for the Autonomous Region of Bougainville and PNG Air announces changes at the helm.
Australia’s national cabinet has agreed to reopen its Pacific Labour Scheme, Ok Tedi is confident mine to reopen, and concern over COVID-19 funding. The business news you need to kickstart your week.
A new organic law defining how Papua New Guinea manages resource projects may soon be tabled in Parliament. It appears the main aim will be to change ownership and control of future projects, but will it spook international investors?
Oil Search to undergo a strategic review, Newcrest remains positive about Wafi-Golpu and public consultation on internet pricing. The news you need to kickstart your week.
Papua New Guinea’s business community is getting behind the fight to eradicate violence against women. Business Advantage PNG looks at just some of the initiatives being pursued following the recent widely-reported murder of a young mother in Port Moresby.