“The test will be whether PNG will, in the short, medium, and long term, be able to realize the benefits of hosting.” In an economic milestone for the country, a major LNG project makes its ...

the PNG Gov't has secured the funds to finance the PNG LNG Project. The PNG Government and International Petroleum Investment Company (IPIC), an investment company wholly owned by the Abu Dhabi ...

TotalEnergies has introduced a leading Chinese oilfield services company into the bidding mix for at least one major contract on the Papua LNG project in Papua New Guinea, as the operator seeks ...

A degree of confidence can be drawn from project partners. US energy supermajor ExxonMobil, the world's largest publicly traded oil and gas company, is 42% owner and the operator of the PNG LNG ...

Commenting on this transaction, Oil Search’s Managing Director, Peter Botten said, “We believe this is a good outcome for the PNG LNG Project and it has been welcomed by the Project Joint ...