Santos Reviews CEPA Directive for K50 Million Compensation to Kutubu Landowners
Santos, the operator of the Kutubu oil fields says it is reviewing a direction by the PNG lead environment regulator to pay millions of kina to Kutubu landowners for damages
Santos announces refinancing of syndicated debt facility
Santos this week announced it had executed documentation to refinance its 2025 maturing syndicated bank loan facility. Santos holds leading shares in the PNGLNG Project following the successful merger with
Twinza’s Pasca A Gas Project on the cards to boost PNG Economy: PM satisfied with Progress
Prime Minister James Marape yesterday convened with State Lead Negotiator Dairi Vele yesterday to discuss key developments related to the Pasca Gas Condensate Project, located offshore from Kerema town. The
MRDC Concludes Clan Bank Account Awareness Exercise for Hides PDL1 Beneficiaries in PNG LNG Project
The Mineral Resources Development Company (MRDC) has successfully concluded an Awareness Exercise on the Clan Bank Account Opening for the Hides PDL1 beneficiaries in the PNG LNG Project in Hela
PNGEITI CALLS FOR TRANSPARENCY MECHANISMS TO BE BUILT INTO THE SWF ARRANGEMENT
Transparency mechanisms built into the topical Papua New Guinea Sovereign Wealth Fund (SFW) will enable an effective functioning of the fund, according to the PNG Extractive Industries Transparency Initiative. PNGEITI
PNGLNG PARTNERS IMPLORED TO DISCLOSE NATURE OF TRANSACTION
An undertaking by state owned Kumul Petroleum Holdings Limited (KPHL) to increase its PNGLNG equity through a conditional arrangement between PNGLNG partner Santos has raised concerns over the lack of