Last week, independent arbitration upheld InterOil’s decision to sell a gross 40% shareholding in the Elk-Antelope LNG project to French super major, Total SA. Total’s Managing Director in PNG, Philippe Blanchard, talks exclusively to Business Advantage PNG about the arbitration result and Total’s plans for the project.
Concept for Papua New Guinea’s second LNG project set for June release, says Total’s MD
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18 Feb 2015 by 1 Comment
InterOil win clears way for Total’s participation in Papua New Guinea’s Elk/Antelope gas project
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11 Feb 2015 by 4 Comments
The International Court of Arbitration of the International Chamber of Commerce yesterday dismissed Oil Search’s claims over 40% of the Elk-Antelope gas field in Papua New Guinea’s Gulf Province.
In brief: Elk-Antelope arbitration decision expected ‘this quarter’, and other business stories
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28 Jan 2015 by Leave a Comment
Elk-Antelope arbitration hearing in London completed, fuel supplies to return after roadblocks eased, and Santos delivers sales records. Your weekly digest of the latest business news.
Talisman Energy prepares to drill at Papua New Guinea’s Stanley gas project
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19 Jan 2015 by 3 Comments
Despite a takeover of its Canadian parent by Spanish energy company, Respol, it’s business as usual for Talisman Energy PNG as it develops the Stanley gas field. Vice President and General Manager Grant Christie explains to Business Advantage PNG what 2015 holds.
Five things we took home from the Papua New Guinea Mining and Petroleum Investment Conference
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3 Dec 2014 by Leave a Comment
In spite of the recent worldwide slump in commodity prices, numbers were strong at this week’s 13th Papua New Guinea Mining and Petroleum Investment Conference in Sydney. Business Advantage PNG examines why.
Arbitration to determine future of Papua New Guinea’s second gas project
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26 Nov 2014 by Leave a Comment
Arbitration talks due to take place in London at the end of this month could have a major influence on the future development of Papua New Guinea’s oil and gas industry.
In brief: Secrecy over proposed Sovereign Wealth Fund criticised, and other business stories
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22 Oct 2014 by
Failure to set up the Sovereign Wealth Fund criticised, Telikom undertakes ‘due diligence’ on EMTV, and a call to continue tax breaks for resource sector investors. Your weekly digest of the latest business news.
In brief: Power workers delay strike action for a week, and other business stories
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9 Oct 2014 by Leave a Comment
Power workers give management another week to respond to pay claims, the People’s Micro Bank to get a full banking licence, Sime Darby withdraws from takeover talks with NBPOL. Your weekly digest of the latest business news.
Central bank governor defends pegging of kina, and other business stories
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1 Oct 2014 by Leave a Comment
Central bank governor says economic stability dependent on kina pegging, Panguna landowners support re-opening of gold and copper mine, and 2015 Budget may be a deficit budget with ‘no significant strategic changes’. Your weekly digest of the latest business news.
LNG gives Oil Search Limited a strong cashflow for next 20 years: Botten
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21 May 2014 by Leave a Comment
With shipments of gas from the PNG LNG project under way, Business Advantage PNG talks exclusively to Peter Botten, CEO of venture partner Oil Search Limited, about the future of Papua New Guinea’s largest company and hydrocarbons in PNG.
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