Business Advantage Papua New Guinea
GLOBAL REACH
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.