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Business-as-usual: Webuild is Lombrum Naval Base’s new head contractor

17 Feb 2023 by 1 Comment
The K146 million redevelopment of Lombrum Naval Base in Manus Province is one of the significant infrastructure projects recently acquired by Italy’s Webuild for A$39 million (K94.3 million), following mounting financial problems confronting Australian engineering and construction group, Clough.
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Exclusive: Kerenga Kua on Papua New Guinea’s planned petroleum and gas reforms

15 Feb 2023 by 4 Comments
Papua New Guinea is planning to move to a production sharing regime for petroleum and gas by the middle of the decade. Business Advantage PNG caught up with Minister for Petroleum Kerenga Kua, to better understand why the reforms are happening, and what industry can expect.
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Opinion: How exposed is Papua New Guinea’s economy to a tiny cluster of companies?

14 Feb 2023 by 2 Comments
Papua New Guinea relies heavily on a limited number of taxpayers. Paul Barker, Executive Director of industry-funded think tank, the Institute of National Affairs, considers the implications for government expenditure and PNG's foreign exchange situation.
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