Industry sectors

Fabrication of Papua New Guinea’s new gas projects could be done in-country

29 Sep 2021 by David James 3 Comments

A new fabrication facility being planned to support the next wave of gas projects in Papua New Guinea could create as many as 15,000 jobs and enable Papua New Guinea to compete for regional work, according to Wapu Sonk, Managing Director of Kumul Petroleum.
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Stronger together: why Papua New Guinea’s SMEs need to look out for one another

29 Sep 2021 by Paul Chai 1 Comment

What do micro, small and medium-sized businesses in Papua New Guinea actually need to thrive? Two entrepreneurs heavily involved in the country's SME ecosystem gave their thoughts to the recent 2021 Business Advantage Papua New Guinea Investment Conference.
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Winds of change: why Papua New Guinea is perfectly placed for a wind-power revolution

22 Sep 2021 by Paul Chai 2 Comments

Papua New Guinea is sitting on a world-class wind power resource that could see it exporting power to the region in a relatively short space of time.
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Regulator rejects Kina Bank’s acquisition of Westpac’s Papua New Guinea assets

14 Sep 2021 by Business Advantage PNG 7 Comments

It is back to the drawing board for Kina Bank and Westpac, as Papua New Guinea's Independent Consumer and Competition Commission has issued a 'final determination' declining authorisation of Kina's proposed acquisition of Westpac Papua New Guinea.
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Santos and Oil Search agree to merge

13 Sep 2021 by Business Advantage PNG Leave a Comment

Oil and gas companies Oil Search and Santos have completed a merger agreement set to create a company with 'a pro-forma market capitalisation' of approximately A$21 billion (K54 billion). Regulatory and shareholder approvals will ultimately decide the deal's fate, however.
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Papua New Guinea awards Pandora gas field licence to Kumul Petroleum

9 Sep 2021 by Business Advantage PNG 2 Comments

Awarding the Pandora gas field license to Papua New Guinea’s oil & gas national company spells potential significant changes to the way licenses are granted in the country.
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New grant seeks to develop better climate solution for Papua New Guinea & the Pacific

1 Sep 2021 by David James Leave a Comment

A new opportunity has emerged for private and public organisations in Papua New Guinea and the Pacific seeking funds to develop new projects to mitigate climate change.
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Kina Bank reports rise in net profits for first half of the year

1 Sep 2021 by Business Advantage PNG 1 Comment

Kina Bank has reported a 36% increase in net profit for the first half of 2021, compared to the corresponding period last year. The results suggest the bank is successfully weathering the impact COVID-19 pandemic.
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Fortescue’s pivot towards renewable energy

25 Aug 2021 by Business Advantage PNG 1 Comment

Why is Fortescue Metals Group, which makes most of its income from iron ore sales, looking at renewable energy projects in Papua New Guinea and other parts of the world?
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What is Fortescue Metals Group doing in Papua New Guinea?

25 Aug 2021 by Business Advantage PNG 2 Comments

Earlier this month, Papua New Guinea's government announced a 'deed of agreement' with Australian iron ore giant, Fortescue Metals Group, to develop renewable energy projects in PNG. Business Advantage PNG learns more about its plans from Julie Shuttleworth, CEO of subsidiary Fortescue Future Industries.
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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

Fabrication of Papua New Guinea’s new gas projects could be done in-country

Stronger together: why Papua New Guinea’s SMEs need to look out for one another

Winds of change: why Papua New Guinea is perfectly placed for a wind-power revolution

Regulator rejects Kina Bank’s acquisition of Westpac’s Papua New Guinea assets

Santos and Oil Search agree to merge

Papua New Guinea awards Pandora gas field licence to Kumul Petroleum

New grant seeks to develop better climate solution for Papua New Guinea & the Pacific

Kina Bank reports rise in net profits for first half of the year

Fortescue’s pivot towards renewable energy

What is Fortescue Metals Group doing in Papua New Guinea?

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

Kina exchange rate

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