With global demand for petroleum rising, oil companies have been forced to think of more creative ways to tap into new sources of oil to compensate for the rapacious energy needs. A radical concept at the time, one of the more effective solutions was to tap into the two-thirds of the planet covered by water by creating the now ubiquitous offshore...
What factors, in your opinion, are driving the proposed changes to the country’s mining laws?
THE COMPANY: Oil Search (OSH) was incorporated in Papua New Guinea in 1929. It is PNG’s largest hydrocarbons producer and operates all of the country’s currently producing oil and gas fields.
With a wealth of natural and mineral resources complemented by a rapidly expanding labour force, Papua New Guinea possesses the crucial building blocks required to develop its fledgling industrial base into a strong economic contributor. After years of robust growth, and with substantial new revenues on the horizon, the time to purse the government’...
Mobile network service providers in Papua New Guinea have rapidly emerged as catalysts for growth since market liberalisation in 2007. This has cemented the telecommunications sector’s role as a fundamental component in meeting national development goals.
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