Final investment decisions on gas projects, a weaker kina and Starlink? Business Advantage PNG looks to the year ahead and considers what PNG-focused businesses can expect in the coming 12 months.
TotalEnergies
Our readers were focused on the future in 2025, with articles on key resources projects, growth plans and the turnaround proposal for an embattled state-owned enterprise all featuring heavily in Business Advantage PNG‘s top-read articles for the year. Not surprisingly in PNG’s jubilee year, there was also high interest for coverage of Papua New Guinea’s 50th anniversary of independence.
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.
Foreign exchange shortages have been the biggest impediment to business in Papua New Guinea for more than a decade. But the situation has improved dramatically in 2025, and businesses are reaping the benefits, as leading CEOs share with Business Advantage PNG.
While the timing of a final investment decision on Papua LNG remains uncertain, Papua New Guinean businesses are busy preparing for an announcement. Business Advantage PNG reports.
In this exclusive interview, Arnaud Berthet, Managing Director of TotalEnergies EP PNG, provides an update on key components of the Papua LNG project to Business Advantage PNG, and provides clarity around the expected timeline to a final investment decision.
After delays to key resources projects Papua LNG and Wafi-Golpu, there are signs that final investment decisions and other key milestones are drawing closer. Meanwhile, M&A activity in the sector is heating up.
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.
Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary of independence. Business Advantage PNG spoke with the country’s top CEOs to learn more about current business conditions.