Rigzone

PNG LNG Project on Track for First Production in Mid-2014

The PNG LNG project in Papua New Guinea is on track for first production in mid-2014 following recent completion of an onshore pipeline. The ExxonMobil PNG Limited-operated PNG LNG Project in Papua ...
Upstream

Landowner protests at PNG LNG turning ugly

The PNG LNG project has suffered an attack on its facilities. Trucks and equipment are said to have been set on fire. Operator ExxonMobil confirmed that an incident occurred last Friday, adding the ...
Rigzone

PNG Gov't to Use Oil Search Transaction Funds for LNG Project

IPIC, an investment company wholly owned by the Abu Dhabi Gov't, has, has acquired an interest in Oil Search and, as a result, the PNG Gov't has secured the funds to finance the PNG LNG Project. The ...
Upstream

PNG LNG juniors champing at bit for train 3 expansion

Australia’s Oil Search is said to be pushing to bring forward the development drilling schedule for the PNG LNG project as partners debate building a potential third train. It is not immediately clear ...
Reuters

UPDATE 2-Oil Search positions for LNG expansion with $900 mln PNG buy

MELBOURNE, Feb 27 (Reuters) - Oil Search Ltd agreed on Thursday to acquire a stake for $900 million in Papua New Guinea's biggest undeveloped gas fields, giving it the upper hand to influence plans ...
Reuters

ExxonMobil launches bidding war for InterOil in PNG gas push

MELBOURNE (Reuters) - ExxonMobil Corp has made a bid worth at least $2.2 billion for InterOil Corp and its stake in a rich Papua New Guinea gasfield, winning the support of its target and topping an ...