Papua New Guinea

  • PNG, Total Sings Fiscal Agreement for LNG Project

    PNG, Total Sings Fiscal Agreement for LNG Project

    Wednesday, 10th February 2021

    The Prime Minister of Papua New Guinea (PNG), James Marape, announced that the government signed a fiscal agreement with Total company, to develop a liquefied natural gas (LNG) project at a cost of $13 million.

  • Woodside Withdraws LNG Bid, Oil Search Rejects Offer

    Woodside Withdraws LNG Bid, Oil Search Rejects Offer

    Tuesday, 8th December 2015
    Australia's Woodside Petroleum has withdrawn its $8.5b (A$11.6b) all-share offer for Papua New Guinea-based Oil Search Ltd's stake in the PNG's government's LNG project, as Oil Search rejected the bid.