P’nyang gas agreement

PNG LNG

P’nyang agreement back on the cards for Oil Search

Oil Search’s portfolio of high-quality assets in Papua New Guinea (PNG) continued to drive strong performance in the first half of 2021, with its operated assets, oil production increased slightly from
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Oil Search benefits from strong PNG performance

Oil Search has reported that the ExxonMobil-operated Papua New Guinea (PNG) liquified natural gas (LNG) project continues to perform ahead of expectations. Outlined in the company’s third quarter report,
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Oil Search reignites P’nyang discussions

Oil Search has continued exploratory discussions with the Papua New Guinea (PNG) Government during the first half of the year in regards to the P’nyang gas agreement. The company advised that the aim
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Oil Search records 4% production boost

Oil Search has reported that total company production during the second quarter was 7.89 million barrels of oil equivalent (mmboe), including 6.4 mmboe from the Papua New Guinea LNG project. Read More

Oil Search production increases by 4%

Oil Search has reported that total company production during the second quarter was 7.89 million barrels of oil equivalent (mmboe), including 6.4 mmboe from the Papua New Guinea LNG project. The PNG LNG
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Oil Search confirms robust position amid COVID-19

Oil Search has described the first quarter of 2020 as one of the most “volatile periods in history” for the company despite production increasing by 5 per cent and operated production sky-rocketing
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Oil Search suspends PNG activity amid global crisis

Oil Search has taken action to bring an immediate halt to all of its key Papua New Guinea projects following the recent decline in oil prices and impact of the coronavirus. As a result, all of the Oil
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Ichthys FPSO secured

The massive 336 m long FPSO, named Ichthys Venturer, is longer than three soccer fields and is an engineering masterpiece, designed for 40 years of operations without dry dock. “The safe
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WATCH: Ichthys power plant up and running

The project is now a step closer to becoming the world’s first LNG plant to use combined cycle technology. The milestone is a significant step towards power generation at the Project’s onshore
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