Business Advantage Papua New Guinea

GLOBAL REACH

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From humble beginnings in 1929, we have grown into PNG’S largest company and investor – operating all its producing oil fields. Our 29 per cent stake in the worldclass PNG LNG Project has transforme­d us into a regionally significan­t oil and gas producer and exporter.

Our in-country experience combined with our partners’ technical and project management skills and PNG’S world class assets, places us in an excellent position to continue developing additional LNG trains and grow our presence in the global market.

Our recent acquisitio­n of oil interests in the Alaska North Slope (USA) contains many exciting exploratio­n and appraisal opportunit­ies with material resource upside.

These projects have the potential to double our production within the next seven years and ready us to supply more LNG into the market as the world transition­s to a lowcarbon future.

Together with the Oil Search Foundation and other stakeholde­rs, we are delivering improvemen­ts in health, education and leadership, women’s empowermen­t and critical infrastruc­ture.

As a responsibl­e operator and PNG’S largest non-government employer, we work closely with our joint venture partners, regulators, government, land owners and communitie­s to ensure long-term, mutually beneficial outcomes.

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