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France's Total to lead new LNG project in PNG
2015-03-02 01:34:16| Energy - Topix.net
Total will join existing LNG operator ExxonMobil as a leader of LNG development in PNG, which started exporting gas last year from Exxon's $US19 billion project. Photo: Michele Mossop Papua New Guinea officially has a second LNG major operating French energy giant Total SA appointed operator of the Elk-Antelope gas venture, a move expected to accelerate development toward a new LNG export project.
France's Total to lead new LNG project in PNG
2015-03-02 01:23:15| Oil & Gas - Topix.net
Total will join existing LNG operator ExxonMobil as a leader of LNG development in PNG, which started exporting gas last year from Exxon's $US19 billion project. Photo: Michele Mossop Papua New Guinea officially has a second LNG major operating French energy giant Total SA appointed operator of the Elk-Antelope gas venture, a move expected to accelerate development toward a new LNG export project.
PNG drilling lifts Antelope gas field hopes
2015-02-17 03:30:24| Oil & Gas - Topix.net
Drilling at the disputed Antelope natural gas field in Papua New Guinea has increased hopes that the resource could be large enough to underpin an expansion of LNG capacity in the country. Venture operator InterOil revealed overnight Australian time that the Antelope-5 well had struck the targeted gas reservoir at the field some 230 metres higher up than anticipated.
Oil Search to reap PNG LNG cash flows as project deemed complete
2015-02-06 09:59:58| Oil & Gas - Topix.net
Oil Search is set to enjoy a bounty of more than $US800 million to redirect toward LNG expansion after the $US19 billion Papua New Guinea liquefied natural gas project was deemed financially "complete" for its lenders. Some $US700 million of the total is Oil Search's first share of cash flows from the project since it began production eight months ago while the rest is the funds held in escrow to satisfy the company's lenders that will now be released.
Tags: search
complete
project
cash
Oil Search to reap PNG LNG cash flows as project deemed complete
2015-02-06 08:38:10| Energy - Topix.net
Oil Search is set to enjoy a bounty of more than $US800 million to redirect toward LNG expansion after the $US19 billion Papua New Guinea liquefied natural gas project was deemed financially "complete" for its lenders. Some $US700 million of the total is Oil Search's first share of cash flows from the project since it began production eight months ago while the rest is the funds held in escrow to satisfy the company's lenders that will now be released.
Tags: search
complete
project
cash
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