The final investment decision for the TotalEnergies-led Papua LNG project, which would spark a fresh investment boom in Papua New Guinea, still faces significant hurdles, as growing environmental activism makes finance harder to arrange and international energy projects compete for scarce construction resources.
Papua LNG investment decision faces delay as financiers grapple with climate concerns
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13 Dec 2023 by 4 Comments
Hundreds of businesses register for Papua LNG early works contracts
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19 Jul 2023 by 3 Comments
Ahead of registrations for early works contracts on Papua LNG closing, the Institute of Banking and Business Management’s CEO Susil Nelson-Kongoi walked Business Advantage PNG through recent developments
Local companies encouraged to step-up for early works contracts on Papua LNG
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7 Jun 2023 by 2 Comments
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.
Papua LNG project moves to FEED stage: what’s next?
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7 Mar 2023 by 1 Comment
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.
Kumul Petroleum moves to commercialise more gas fields in Papua New Guinea
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1 Mar 2023 by 2 Comments
State-owned oil and gas company Kumul Petroleum has been gradually acquiring licences to some of Papua New Guinea’s smaller and ‘stranded’ gas assets. Managing Director Wapu Sonk explains the strategy behind the move to Business Advantage PNG.
Marape flags new resources regime for Papua New Guinea
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7 Dec 2022 by Leave a Comment
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.
What business opportunities will flow from the Papua LNG project?
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12 Oct 2022 by 4 Comments
More details have been revealed about the planned TotalEnergies-led Papua LNG gas project and how businesses can get involved.
TotalEnergies’ Papua LNG project finally moves into FEED in Papua New Guinea
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28 Jul 2022 by Leave a Comment
The progress of Papua New Guinea’s next major gas project, Papua LNG, appears on schedule as operator TotalEnergies announces the project is entering its front end engineering and design (FEED) stage. The company is promoting the project’s low carbon credentials.
In brief: new billion kina electricity project in Papua New Guinea and other business news
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20 Jun 2022 by Leave a Comment
The Asian Development Bank and partners join forces for multimillion electricity project in Papua New Guinea, the Mineral Resource Authority stops field operations temporarily and new plan to help the copra industry against pest. The business news your need today.
Economic update: cautious optimism in Papua New Guinea as major projects take shape
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19 Apr 2022 by Leave a Comment
With major new resources projects still in play, and new players entering the market, this election year will be one to watch in Papua New Guinea. Business Advantage PNG talks to the country’s business leaders about the year ahead.
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