Local companies encouraged to step-up for early works contracts on Papua LNG

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A commitment by TotalEnergies, operator of the Papua LNG Project, to provide the PNG government with a National Content Plan in September, will ensure PNG businesses receive their fair share of preparatory early works contracts, which will be awarded this month.

In brief: Papua LNG spending to help revive forex market and other business stories

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Papua LNG spending to help restore Papua New Guinea’s foreign exchange market, Bank of China opens representative office in Port Moresby and New Porgera clarifies future payments to Barrick.

In brief: Kumul Petroleum signs deal to build fabrication facility and other business stories

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Kumul Petroleum signs deal to build fabrication facility, Nasfund announces net profit and feasibility study for the Mongi hydroelectric project. Your business news in summary.

Papua LNG project moves to FEED stage: what’s next?

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The TotalEnergies-led Papua LNG gas project in Papua New Guinea has officially entered its FEED [front end engineering and design] stage – the last major stage before the $US10 billion project is given a green light. We look at what happens next.

Economic update 2023: Papua New Guinea’s year of gearing up

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With the worst of the COVID pandemic behind it, Papua New Guinea is preparing itself for a decade of sustained economic growth. While the investments that will drive this growth are still being finalised, business leaders tell Business Advantage PNG the country is already starting to get ready.

Four questions for Thomas Bellamy, COO of Steamships Logistics Division

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Steamships’ Logistic Division is Papua New Guinea’s largest transport and logistics provider – and it’s making some significant new investments. Chief Operating Officer Thomas Bellamy tells Business Advantage PNG what’s in store for 2023 – and what’s driving growth.

2023: what can Papua New Guinea business expect from the year ahead?

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Business Advantage PNG looks to the year ahead and considers what Papua New Guinea-focused businesses can expect in the coming 12 months.

Marape flags new resources regime for Papua New Guinea

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Opening the 16th Papua New Guinea Mining and Petroleum Investment Conference in Sydney, Prime Minister James Marape has warned investors that changes are coming to Papua New Guinea’s resources regime.

Papua New Guinea’s resources sector to gather in Sydney

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Next month’s 16th Papua New Guinea Mining and Petroleum Investment Conference in Sydney (5 to 7 December) will mark the event’s return for the first time since the COVID-19 pandemic. Business Advantage PNG previews what to expect.

What business opportunities will flow from the Papua LNG project?

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More details have been revealed about the planned TotalEnergies-led Papua LNG gas project and how businesses can get involved.