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Santos agrees PNG gas deal with Exxon

2015-07-08 13:02:32| Oil & Gas - Topix.net

Santos is close to finalising a deal with energy giant ExxonMobil Corporation to acquire a stake in the P'nyang gas field in Papua New Guinea, as the joint venture partners eye a lucrative expansion of the $US19 billion PNG LNG venture. The Adelaide-based oil and gas producer is understood to have concluded talks with Exxon, the operator of PNG LNG, over taking a 10 per cent to 15 per cent stake in the field alongside partners Exxon, Oil Search and JX Nippon, according to sources close to the deal.

Tags: deal gas santos agrees

LPG connection should be auto-disconnected after PNG pipeline-connection

2015-07-07 07:48:22| Chemicals - Topix.net

Indraprastha Gas Limited is increasing its network of pipeline PNG supply to more and more colonies in Delhi/New Delhi/Noida area as a convenient substitute for LPG cylinders. But LPG consumers getting pipeline PNG supply do not care to surrender their LPG connections.

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Oil Search in talks over Santos PNG deal

2015-06-10 13:07:33| Oil & Gas - Topix.net

Oil Search may sell down part of its stake in the P'nyang gas field in Papua New Guinea to Santos in a move that will give the Adelaide-based company a more lucrative role in a planned expansion of the $US19 billion PNG LNG venture. Santos, which already holds a 13.5 per cent stake in PNG LNG, said in May it was working on a potential deal that would give it a stake in the P'nyang gas field alongside existing partners ExxonMobil, Oil Search and JX Nippon, while declining to reveal any specific details.

Tags: search deal oil talks

LMI Inducted Into Franz Edelman Academy For PNG

2015-05-01 06:43:15| autocentral Home Page

The Institute for Operations Research and the Management Sciences, the leading professional association in advanced analytics, has inducted LMI into the Franz Edelman Academy, in recognition of the not-for-profit’s shortlist effort for the 2015 INFORMS Franz Edelman Award

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