Industry sectors

TotalEnergies’ Papua LNG project finally moves into FEED in Papua New Guinea

28 Jul 2022 by Business Advantage PNG Leave a Comment

The progress of Papua New Guinea's next major gas project, Papua LNG, appears on schedule as operator TotalEnergies announces the project is entering its front end engineering and design (FEED) stage. The company is promoting the project's low carbon credentials.
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Cracking investment: Nambawan Super investment fuels growth at Paradise Foods

20 Jul 2022 by Paul Chai Leave a Comment

In late 2021, PNG’s largest superannuation find, Nambawan Super, increased its holding in Paradise Company Limited, owner of Paradise Foods and Laga Industries, to 100 per cent. Michael Penrose, Paradise’s CEO, tells Business Advantage PNG how the fund’s support is helping the food manufacturer expand.
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‘Shovel-ready’: Mayur Resources’ three projects in Papua New Guinea ready for finance

13 Jul 2022 by Business Advantage PNG 1 Comment

Mayur Resources' first three mineral projects in Papua New Guinea are now 'shovel-ready' and ready for financing, according to a letter to investors issued by Managing Director Paul Mulder this week. Mayur's low share price remains an issue, however.
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Supply chain causing major stress for Papua New Guinea’s businesses

13 Jul 2022 by Business Advantage PNG 1 Comment

Global supply chain issues are having a major impact on many businesses in Papua New Guinea. Business leaders tell Business Advantage PNG that delivery delays and higher costs are causing some projects to be slowed or even postponed in key sectors. There are signs, however, that the global situation is improving.
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Papua New Guinea’s cash-strapped power sector looks to reforms

6 Jul 2022 by Business Advantage PNG Leave a Comment

Papua New Guinea's independent power producers are owed in excess of K200 million by state utility PNG Power, which itself is facing revenue challenges, according to industry association, IP3. The situation is being made worse by rising global fuel costs.
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St Barbara opts for ‘strategic review’ of Simberi mine in Papua New Guinea

29 Jun 2022 by Business Advantage PNG Leave a Comment

Australian miner St Barbara has deferred an expected final investment decision on expanding the Simberi mine in Papua New Guinea and has announced a strategic review into the mine that could see it sold.
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Papua New Guinea’s stock exchange looks to blockchain

22 Jun 2022 by Business Advantage PNG 2 Comments

The prospect of instantaneous settlements on Papua New Guinea's stock exchange, PNGX, has moved a little closer with a new agreement to explore blockchain technology to support its trading system. PNGX Chairman David Lawrence tells Business Advantage PNG the technology could 'turbocharge' PNG's capital markets.
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Kumul Petroleum: getting power to the people

22 Jun 2022 by Business Advantage PNG Leave a Comment

Kumul Petroleum Holdings has been working non-stop to assist the National Government reach its goal of connecting 70 per cent of Papua New Guinea's population to electricity within the next eight years. Here's how it's advancing.
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Middle class growth brings opportunities to manufacturing in Papua New Guinea

15 Jun 2022 by Business Advantage PNG Leave a Comment

With the world slowly going back to a ‘new normal’ and Papua New Guinea's population growing, opportunities abound for Papua New Guinea's manufacturers. If challenges can be addressed, they say, the future could look even brighter.
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Papua New Guinea’s other gas project: Arran Energy’s Stanley

15 Jun 2022 by Business Advantage PNG 3 Comments

While the Papua LNG and P'nyang projects are the main game in Papua New Guinea's gas sector, Arran Energy's smaller Stanley gas project in Western Province looks set to beat both into production. Business Advantage PNG talks to Executive Chairman Michael McGowan to find out more.
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Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]
Registrations are open 2024 Papua New Guinea Investment Conference
Registrations are now officially open for the 2024 Business Advantage Papua New Guinea Investment Conference. The conference will take place in Brisbane, 12 and 13 August, at the premium Plaza Auditorium at Brisbane Convention and Exhibition Centre, South Brisbane. On Day 1 the futurist Chris Riddell, former Chief Digital Officer at Mars will deliver the keynote address. On Day 2 Matt Dri, Secretary, Cyber […]
Papua New Guinea’s premier business magazine to publish a special mining and energy edition
With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors. As PNG’s resources sector gears up for an anticipated decade or more of new investment, with an estimated US$50 billion pipeline of projects lined […]

Industry sectors

TotalEnergies’ Papua LNG project finally moves into FEED in Papua New Guinea

Cracking investment: Nambawan Super investment fuels growth at Paradise Foods

‘Shovel-ready’: Mayur Resources’ three projects in Papua New Guinea ready for finance

Supply chain causing major stress for Papua New Guinea’s businesses

Papua New Guinea’s cash-strapped power sector looks to reforms

St Barbara opts for ‘strategic review’ of Simberi mine in Papua New Guinea

Papua New Guinea’s stock exchange looks to blockchain

Kumul Petroleum: getting power to the people

Middle class growth brings opportunities to manufacturing in Papua New Guinea

Papua New Guinea’s other gas project: Arran Energy’s Stanley

Editor’s picks

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

Report from the 2024 Papua New Guinea Investment Conference

Australia’s new Pacific Engagement Visa an ‘opportunity’ for PNG businesses

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