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.
Papua New Guinea’s LNG roadmap clearer following signature of P’nyang gas agreement
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23 Feb 2022 by Leave a Comment
With a gas agreement finally executed for the US$10 billion ExxonMobil-led P’nyang gas project, and a start date provided for front end engineering and design for TotalEnergies’ Papua LNG project, Papua New Guinea’s energy sector now has a clear roadmap for the rest of the decade.
In brief: ICCC approves Telstra’s acquisition of Digicel and other business stories
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21 Feb 2022 by Leave a Comment
Green light for Telstra’s acquisition in Papua New Guinea, Newcrest posts disappointing six month results and flights to Lihir Island resume. The business news your need this week.
In brief: Papua New Guinea’s BSP approved for ASX listing and other business stories
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24 May 2021 by 1 Comment
BSP Financial Group Limited receives approval to list on the ASX; a new State Negotiating team to be reappointed to the P’nyang gas project, and Joint post-referendum talks between government and Bougainville fruitful. The business news in brief.
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