A new senior appointment at the ANZ, Santos appoints VP to manage non-core assets, Nautilus board member resigns, promotion for Digicel PNG’s Marketing Manager.
People moves: ANZ Bank, Santos
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6 Apr 2016 by Leave a Comment
ANZ Bank’s regional CEO to retire, senior management changes at Santos
Oil Search reviewing costs as prices fall, but Botten says Papua New Guinea gas projects will be prioritised
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3 Feb 2016 by Leave a Comment
Declining oil prices have prompted a review of Oil Search’s activities, even as production hit record levels in 2015. Nevertheless, Papua New Guinea’s largest company says it is generating positive cash-flows and will be making a priority of future investment in the PNG LNG and Papua LNG gas projects.
Papua New Guinea mining and petroleum conference to emphasise need for stability: Chamber
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19 Nov 2015 by Leave a Comment
Regulatory stability, and how industry and Government can work together to deliver ‘shared benefits’ will be key themes of next week’s Papua New Guinea Mining and Petroleum Seminar in Port Moresby, according to PNG Chamber of Mines and Petroleum Executive Director, Greg Anderson.
More oil and gas mergers and acquisitions could impact Papua New Guinea, say analysts
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16 Nov 2015 by 2 Comments
Two major takeover offers involving leading companies operating in Papua New Guinea’s oil and gas industry have emerged in recent months. Business Advantage PNG spoke to oil and gas analysts about what this mergers and acquisitions activity means for the sector.
In brief: Santos aims to improve balance sheet by raising funds, and other business stories
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11 Nov 2015 by Leave a Comment
Capital raising launched by Santos, Australia to provide drought relief for Papua New Guinea and National Fisheries Authority secures South Korean contract. Your weekly digest of the latest business news.
People moves: Kumul Consolidated Holdings (IPBC), Santos, Harmony Gold
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11 Nov 2015 by Leave a Comment
Heim leaves Deloitte for Kumul Consolidated Holdings, a new Managing Director for Santos in 2016, and Harmony Gold appoints new CEO.
In brief: Santos rejects takeover bid as ‘opportunistic’, and other business stories
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28 Oct 2015 by Leave a Comment
Wealthy royal families’ bid for Santos rejected, the high cost of domestic violence to business, and poor economic news prompts fall in business confidence. Your weekly digest of the latest business news.
In brief: Treasurer says Papua New Guinea government showing responsible fiscal management, and other business stories
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21 Oct 2015 by
Treasurer Patrick Pruaitch denies Budget blowout, Kumul Petroleum to evaluate methanol plant and small rise in inbound tourism. Your weekly digest of the latest business news.
In brief: Redundancies at Petromin Papua New Guinea after oil price slump, and other business news.
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23 Sep 2015 by Leave a Comment
Redundancies at Petromin Holdings ahead of restructure, LNG price slump may go further, and Santos confident its share price will rise. Your weekly digest of the latest business news.
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