After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of large new investments in its resources sector. We hear from some of the key players.
Twinza Chair: Pasca A deal sets up ‘strategic alliance’ with MRDC
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18 Jun 2024 by Leave a Comment
Last month, Twinza and Mineral Resources Development Corporation signed agreements which will see MRDC acquire a major stake in Pasca A, Papua New Guinea’s first offshore gas project. Twinza Executive Chairman Stephen Quantrill tells Business Advantage PNG the deal also paves the way for further cooperation.
In brief: Barrick urges Papua New Guinea to complete all processes to reopen Porgera and other business stories
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15 Feb 2023 by Leave a Comment
Barrick’s CEO addresses delays in the reopening of Porgera mine, rice farming potentially back on the table after a visit from a Filipino delegation and PNG LNG’s contribution to the State. Your business news in brief.
In brief: Barrick urges Papua New Guinea to complete all processes to reopen Porgera and other business stories
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1 Feb 2023 by 1 Comment
Barrick’s CEO addresses delays in the reopening of Porgera mine, rice farming potentially back on the table after a visit from a Filipino delegation and PNG LNG’s contribution to the State. Your business news in brief.
In brief: Papua New Guinea to receive K86 billion from Papua LNG and other business stories
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30 Aug 2022 by Leave a Comment
Papua LNG project to inject billions to Papua New Guinea’s economy, Prime Minister Marape welcomes Fortescue Future Industries representative to Port Moresby and the Pacific Marine Industrial Zone Project (PMIZ) will be rebranded.
People moves: Twinza Oil
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13 Oct 2021 by Leave a Comment
Twinza Oil welcomes a new Chairman to its Board.
In brief: Barrick executives visit Papua New Guinea and other business stories
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13 Oct 2021 by Leave a Comment
Barrick’s CEO Mark Bristow is in Papua New Guinea to advance Porgera talks, K92 Mining announces expansion, and Eastern Highlands Province in lockdown. The business news you need today.
In brief: Papua New Guinea businesses owed two billion kina in GST refunds and other business stories
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6 Oct 2021 by Leave a Comment
Business owed K2 billion in GST refunds, Internal Revenue Commission to launch online tax payments and new Twinza Oil chairman to travel to Papua New Guinea. Your digest of the latest business news.
In brief: Papua New Guinea’s Prime Minister talks about Wafi-Golpu and other business stories
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9 Sep 2021 by Leave a Comment
Air Niugini announces restrictions to travel to Sydney, Prime Minister Marape says Wafi-Golpu could be expected in December and Twinza Oil gets an ultimatum. The business new you need today.
Papua New Guinea awards Pandora gas field licence to Kumul Petroleum
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9 Sep 2021 by 2 Comments
Awarding the Pandora gas field license to Papua New Guinea’s oil & gas national company spells potential significant changes to the way licenses are granted in the country.
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