The power of PART­NER­SHIP

Business Advantage Papua New Guinea - - News -

Oil Search, work­ing closely with its joint ven­ture part­ners, op­er­ates all of PNG’S cur­rently pro­duc­ing oil fields, as well as the Hides Gas-to-elec­tric­ity Pro­ject.

The Com­pany has a 29% in­ter­est in the PNG LNG Pro­ject, op­er­ated by Exxonmo­bil PNG Lim­ited. The Pro­ject is per­form­ing well above name­plate ca­pac­ity, de­liv­er­ing in­cre­men­tal value to stake­hold­ers and demon­strat­ing that the co-ven­ture part­ners and PNG are ca­pa­ble of de­liv­er­ing a world-class LNG de­vel­op­ment.

Oil Search has an un­ri­valled un­der­stand­ing of how to op­er­ate suc­cess­fully and safely in PNG. By pro­mot­ing a co­op­er­a­tive agenda with key stake­hold­ers, we are well po­si­tioned to de­liver the next wave of growth op­por­tu­ni­ties. We be­lieve there is suf­fi­cient gas in the NW High­lands, in­clud­ing the P’nyang gas field, and in the Elk-an­te­lope gas fields in the on­shore Gulf Province to sup­port at least two PNG Lng-sized ex­pan­sion trains, un­lock­ing sig­nif­i­cant value for PNG. With ex­plo­ration and ap­praisal suc­cess, such as the re­cent Mu­ruk gas dis­cov­ery, a third ex­pan­sion train is pos­si­ble.

We are com­mit­ted to en­sur­ing our im­pact in Pa­pua New Guinea goes well be­yond our po­si­tion as the coun­try’s largest non-gov­ern­ment em­ployer and in­vestor. By work­ing closely with joint ven­ture part­ners, reg­u­la­tors, the PNG Gov­ern­ment, landown­ers and com­mu­ni­ties, we have built mu­tu­ally ben­e­fi­cial part­ner­ships that de­liver real, long-term ben­e­fits to PNG.

As a truly Pa­pua New Guinean com­pany, Oil Search is a PNG spe­cial­ist and a part­ner of choice.

That’s what sets us apart.

That’s what makes us Oil Search.

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