Tag: Papua New Guinea
Exxon Papua New Guinea gas discovery announced
Exxon Papua New Guinea PNG LNG project made up of seven fields Dec 28 (Reuters) – Exxon Mobil Corp announced on Wednesday a new natural gas discovery in Papua New Guinea. ExxonMobil said it has a 42.5 per cent stake in the project, while the rest of the interest is owned by Oil Search Ltd […]
ExxonMobil urges end to PNG LNG royalty dispute amid protest
Nearby landowners protest PNG LNG SYDNEY, Aug 9 (Reuters) – ExxonMobil Corp on Tuesday urged a quick resolution to a dispute between the government of Papua New Guinea and disgruntled landowners, following a protest at its $19 billion PNG LNG project over royalty disagreements. Media reports said the protesters have given the government a seven-day […]
Total SA unlikely to fight ExxonMobil over InterOil Corp
ExxonMobil, Total SA targeting Papua New Guinea for growth By Sonali Paul MELBOURNE, July 20 (Reuters) – Total SA is unlikely to challenge ExxonMobil in a bidding war for explorer InterOil Corp, the French firm’s partner in a gas field in Papua New Guinea, analysts said on Wednesday. ExxonMobil this week topped an offer from […]
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