The Papua New Guinea Government has given project partners Total, Exxon Mobil and Australia’s Oil Search the green light to proceed with the $20 billion liquefied natural gas (LNG) project.
Given the statistics, progress for gender parity appears slow, but the industry is experiencing an encouraging shift in the attitudes across the global energy and resources sector.
The ExxonMobil-operated PNG LNG project in Papua New Guinea is to supply liquefied natural gas (LNG) to Hong Kong-based PetroChina for a three-year period.
The PNG LNG project in the Highlands of Papua New Guinea, damaged by a powerful earthquake in late February, has now resumed normal production according to project co-venturers Santos and ExxonMobil.
Production at the PNG LNG project in Papua New Guinea has resumed following the temporary shutdown of operations caused by the severe earthquake that struck the country in February.
It may take up to eight weeks to repair and restore production at the PNG LNG project following last week’s earthquake in the Highlands of Papua New Guinea, according to the operation’s joint venture partners.
Santos is the latest oil and gas company to report that its assets in Papua New Guinea have been closed following an earthquake in the country’s Highlands yesterday morning.
ExxonMobil and Oil Search have shut down their liquefied natural gas (LNG) operations and facilities in Papua New Guinea after an earthquake hit the country’s Highlands this morning.
Oil Search has secured an agreement to acquire oil assets in Alaska from privately-owned companies, Armstrong Energy and GMT Exploration Company, for $US400 million ($522.4 million).
Monadelphous, in a joint venture with Jacobs Engineering, has received a letter of intent for a five-year, $50 million per annum contract for engineering, procurement and construction (EPC) services at Oil Search’s oil and gas production facilities in the Highlands region of Papua New Guinea.
ExxonMobil has signed and agreement with the PNG Government to expand its LNG project in the country.
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