Features

All eyes on Papua New Guinea’s offshore oil and gas

Papua New Guinea is on track to become an offshore gas producer before the end of the decade, thanks to Twinza’s Pasca A project. There are also hopes of large offshore oil discoveries, with two separate drilling campaigns being planned in a prospective new offshore basin.

Portside Business Park to open soon

Steamships broke ground on its 38-hectare Portside Business Park to great fanfare in 2024. Alan Heyns, General Manager of its property division, shares its impressive progress so far with Business Advantage PNG.

IPPs cautiously optimistic on PNG Power turnaround plans

Independent power producers are key to PNG’s ambitious electrification goals. However, they may wait to see results from PNG Power’s turnaround plans before approving new investments, as Business Advantage PNG learns.

Papua New Guinea’s first integrated lime facility reaches FID

Pacific Lime & Cement has taken a big step towards providing Papua New Guinea’s construction sector with a domestic alternative to costly imported materials, as its MD Paul Mulder explains to Business Advantage PNG.

Papua New Guinea’s 50 years of economic achievement

As Papua New Guinea celebrates its 50th anniversary, Business Advantage PNG takes a look at some of the key economic events in its history and key players in business and commerce that have played an important role in its development.

Latest news

Papua New Guinea’s minimum wage set to rise in January

After almost a decade of no increases and a lengthy consultation period, the Minimum Wages Board has declared a landmark increase in Papua New Guinea’s minimum wage. Charlotte Armstrong reports.

Special report from the 2025 PNG Investment Conference

Speakers at this year’s 2025 Business Advantage PNG Investment Conference touched on a range of key themes, including the need to strengthen the country’s institutions and its ‘human capacity’, and provided updates on key projects such as PNG Power’s turnaround plan, major resources projects and the strategies of leading banks and financial institutions.

Read more News

Interviews

Port operator invests heavily as Papua New Guinea’s economy strengthens

ICTSI South Pacific operates the international shipping terminals at Lae and Port Moresby (Motukea). In this interview with Nadav Shemer Shlezinger, CEO Robert Maxwell shares how it is investing for PNG’s resources pipeline and anticipated economic growth.

Ivan Fong, CEO of Vodafone PNG’s parent company, on growth plans

Fiji’s Amalgamated Telecom Holdings Limited (ATH) has operations across the Pacific, including Papua New Guinean subsidiary Vodafone PNG. Its CEO Ivan Fong talks to Business Advantage PNG about profits, growth and big guns like Google and Starlink.

Read more interviews ...

Editorial

Editorial: Papua LNG investment decision moves into ‘line of sight’

The highly anticipated Papua LNG project is expected to reach a final investment decision in early 2026. This week, senior representatives of project lead TotalEnergies and the PNG government signalled that an FID is drawing closer.

Economy/investment

IMF’s departing Papua New Guinea representative lauds country’s economic progress [video]

On the eve of his departure from Papua New Guinea, the International Monetary Fund’s Resident Representative to the country, Sohrab Rafiq, reviews the impact of the IMF’s program in PNG with Andrew Wilkins.

Read more economy/investment...

Opinion and analysis

A timeline of Papua New Guinea’s economic journey

Paul Barker, Executive Director of industry think-tank the Papua New Guinea Institute of National Affairs, provides his personal take on PNG’s economic journey since independence.

Read more opinion/analysis


People moves

People Moves: Barrick, Newmont, Kina Bank, NGIP Agmark, Autonomous Bougainville Government

CEO changes at Barrick and Newmont, new chief risk officer for Kina Securities, board appointment at NGIP Agmark, Bougainville president wins second term.

More People Moves ...

LIfestyle

Best of the bay

Underwater photographer Karen Ho checks into remote Tawali Resort at Milne Bay to explore a range of scuba diving sites.

More PNG lifestyle articles

Latest News

Papua New Guinea’s minimum wage set to rise in January

After almost a decade of no increases and a lengthy consultation period, the Minimum Wages Board has declared a landmark increase in Papua New Guinea’s minimum wage. Charlotte Armstrong reports.

Special report from the 2025 PNG Investment Conference

Speakers at this year’s 2025 Business Advantage PNG Investment Conference touched on a range of key themes, including the need to strengthen the country’s institutions and its ‘human capacity’, and provided updates on key projects such as PNG Power’s turnaround plan, major resources projects and the strategies of leading banks and financial institutions.

Features

All eyes on Papua New Guinea’s offshore oil and gas

Papua New Guinea is on track to become an offshore gas producer before the end of the decade, thanks to Twinza’s Pasca A project. There are also hopes of large offshore oil discoveries, with two separate drilling campaigns being planned in a prospective new offshore basin.

Opinion

A timeline of Papua New Guinea’s economic journey

Paul Barker, Executive Director of industry think-tank the Papua New Guinea Institute of National Affairs, provides his personal take on PNG’s economic journey since independence.