Papua New Guinea
July 21, 2022
TotalEnergies, as operator, announced the decision of the Papua LNG joint venture to launch the first phase of front-end engineering and design sudies for the Papua LNG project's upstream production facilities.
August 03, 2021
Oceaneering International’s Integrity Management and Digital Solutions segment has won a new multi-year contract in Papua New Guinea with a major operator.
May 06, 2021
France-based oil company Total and the government of Papa New Guinea announced the remobilization of the Papua LNG project after a year of delay caused by the Covid-19 pandemic.
January 14, 2019
The need to fill new and old gas infrastructure will see the drilling of exciting offshore prospects across Australia, Brunei, Malaysia, Myanmar, Pakistan and Papua New Guinea.
November 16, 2018
Total and its partners ExxonMobil and Oil Search have signed a Memorandum of Understanding (MoU) with the Independent State of Papua New Guinea defining the key terms of the gas agreement for the Papua LNG Project.
August 08, 2018
Santos today announced the Barikewa-3 well, located in Papua New Guinea’s (PNG) onshore Forelands region, intersected 25 m of net gas pay within the Toro and Hedinia reservoir objectives.
June 08, 2018
Searcher Seismic has announced the expansion of its modern, high-quality and exploration focused seismic, magnetic and geochemical focused production offerings offshore Papua New Guinea with the completion of the Laurabada UltracubeTM 3D reprocessing project.
May 23, 2018
The tiny, impoverished nation of Papua New Guinea came out on the short end of a $19-billion development with ExxonMobil Corp. to build one of Asia-Pacific’s biggest energy projects. But as the company pushes to expand the venture, the government is vowing that round two may require a much bigger payday for the locals.
April 12, 2018
ExxonMobil Corp. today announced that the size of the natural gas resource at P’nyang field in Papua New Guinea has increased to 4.36 Tcf of gas, an 84% increase from a previous assessment completed in 2012.
March 15, 2018
An average capex of $7.1 billion per year is forecast to be spent on 31 upcoming oil and gas fields in Oceania between 2018 and 2025, according to GlobalData, a leading data and analytics company.
TAG Oil Ltd. (70%), operator of the Puka permit (PEP 51135) in New Zealand’s Taranaki basin, said the Pukatea-1 exploration well was drilled to 10,170 ft, MD, encountering variable hydrocarbon shows.
February 26, 2018
Exxon Mobil has shut production platforms and a processing plant in the highlands of natural gas exporter Papua New Guinea after an earthquake struck the Pacific nation.
January 15, 2018
ExxonMobil today announced that it encountered hydrocarbons after drilling the onshore P’nyang South-2 well, located in the Western Province of Papua New Guinea.
With a dense population and, therefore, a growing energy demand, Southeast Asia relies heavily on the oil and gas industry. This urgency has given rise to the region’s E&P efforts during an industry downturn, as producers have been forced to contend with low prices and aging fields.