Oil Search signs multibillion-dollar PNG gas deal

Oil Search CEO Peter Botten said the deal will be a boon for Papua New Guinea, which has acquired a major share of the new LNG project. Picture: SMH

PORT MORESBY,10 APRIL 2019 (SMH) – Oil Search has signed an agreement with the Papua New Guinean government to develop a US$15 billion gas field in the country. The agreement allows Oil Search, and joint-venture partners Total, Papua New Guinean (PNG) national oil company Kumul Petroleum and ExxonMobil, to develop the Elk-Antelope and P’nyang gas […]

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