Central & SE Asia / Australasia
Country summary: Papua New Guinea
Current deals: | 1 |
Licensing articles: | 16 |
Completed deals: | 66 |
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Papua New Guinea - recent news
19 Nov 24 |
PNG: Santos reports Angore online with strong production to PNG LNG Santos has announced completion of the Angore project in PNG’s Hela Province, which will deliver up to 350 million standard cubic feet (mmscf) per day of gas to support stable, long-term PNG LNG production. |
06 Nov 24 |
PNG: Kumul Petroleum finalises LNG forward sale to Chevron Chevron has agreed to make an advance payment to Kumul Petroleum, in exchange for LNG and condensate cargoes over the next two years from the PNG LNG Project in Papua New Guinea. |
04 Nov 24 |
PNG: Santos completes 2.6 per cent sale of PNG LNG to Kumul Santos has announced completion of the sale of a 2.6 per cent interest in PNG LNG to Kumul Petroleum Holdings. Effective 4 November 2024, Santos’ working interest in PNG LNG is 39.9 per cent. |
31 May 24 |
PNG: MRDC and Twinza execute agreements over the Pasca A Project Mineral Resources Development Company ('MRDC'), Twinza Oil and Twinza Oil (PNG) have announced that they have obtained all internal approvals and executed a series of binding agreements for MRDC to take an up to 50% Participating Interest in the Pasca A Development Project and for the companies to cooperate in the acquisition and development of other oil and gas assets in Papua New Guinea. |
07 Mar 24 |
PNG: PGS sponsors PNG digitalization initiative PGS is supporting PNG Department of Petroleum and Energy modernization and digitalization, improving access to data. The PNG Department of Petroleum and Energy (DPE) plays a crucial role in regulating Papua New Guinea’s oil and gas industry and provides essential information to partners and prospective investors. |
Papua New Guinea - more news