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.
Twinza
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.
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.
New Senior Manager Workforce Planning at BSP, new Chairman at Nambawan Super, new Executive Director of the Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI), new CEO for Twinza, Board for the NRL franchise announced, and more.
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.
Twinza and the PNG Government signed the Gas Agreement for Pasca A last December. In this exclusive interview, Twinza’s Stephen Quantrill explains why he believes his firm now has enough certainty to prepare for FID.
The Business Advantage PNG editorial team was among the delegates at the 2024 Papua New Guinea Investment Week (formerly the Papua New Guinea Resources & Energy Investment Conference) in Sydney, held from December 8-11. Here are our top five takeaways from the event.
After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of large new investments in its resources sector. We hear from some of the key players.
Last month, Twinza and Mineral Resources Development Corporation signed agreements which will see MRDC acquire a major stake in Pasca A, Papua New Guinea’s first offshore gas project. Twinza Executive Chairman Stephen Quantrill tells Business Advantage PNG the deal also paves the way for further cooperation.
Barrick’s CEO addresses delays in the reopening of Porgera mine, rice farming potentially back on the table after a visit from a Filipino delegation and PNG LNG’s contribution to the State. Your business news in brief.