• Tue. May 17th, 2022

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Papua New Guinea

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  • Barrick and Papua New Guinea sign new Porgera Shareholders’ Agreement

Barrick and Papua New Guinea sign new Porgera Shareholders’ Agreement

Barrick Gold Corporation – A new shareholders’ agreement has been signed by Barrick Niugini Limited (BNL) and the State of Papua New Guinea’s (PNG) nominee, Kumul Mineral (Porgera) Limited. The shareholders’ agreement…

TWM PNG Limited Granted The Highest Level Of Environment Permit That Can Be Issued Under The PNG Environment ACT 2000

TWM Group, a local SME business in the waste and environmental services sector operating in PNG, was recently presented with a Level 3 Environment Permit (EPL-485) by the Conservation and…

Radisson Hotels Coming to Papua New Guinea – Grand Papua Hotel Joins Radisson Individuals

Coral Sea Hotels has announced an exciting new partnership with Radisson Hotel Group for Grand Papua Hotel to become a member of Radisson Individuals. As a member of Radisson Individuals,…

P’nyang Joint Venture and Papua New Guinea Sign P’nyang Gas Agreement

On 22 February 2022, the Independent State of Papua New Guinea and the P’nyang Project co-venturers, including Esso PNG P’nyang Limited and Ampolex (Papua New Guinea) Limited together with affiliates…

Milestone gas agreement executed for P’nyang Project

Santos has joined the Papua New Guinea Government and P’nyang project participants (affiliates of ExxonMobil and JX Nippon) to execute a gas agreement that provides a clear framework for P’nyang’s…

PacTow ‘Workhorse’ Back in the Water

Pacific Towing (PacTow) is celebrating the return of its tug ‘Waiowa’ to the water.  One of PacTow’s 12 tugs, Waiowa is back at work following an engine replacement.  Predominantly used…

PacTow Celebrates ISO Certifications

Marine Services company Pacific Towing (PacTow) is celebrating three recent and significant ISO certifications – ISO:9001 (Quality), ISO:45001 (Occupational Health & Safety), and ISO:14001 (Environment).  The certifications apply to the…

New Dedicated Harbour Tug for PacTow

Pacific Towing (PacTow) has expanded its fleet with the purchase of dedicated harbour tug ‘Koranga’ from Singapore.  Koranga is scheduled to arrive in Lae in March where she will be…

Australia Supports Marape’s Connect PNG Programme With Single Biggest Investment Funding Of K1.48b For PNG Ports

The governments of Papua New Guinea and Australia have signed an agreement worth USD435 million (AD580 million or PNGK1.48 billion) for Australia’s funding of the refurbishment and upgrade of ports…

Ark Pacific’s Increased Production Capacity and Client Growth

The resource sector’s preferred prefabricated modular building supplier, Ark Pacific, commenced 2022 with numerous buildings for multiple clients in its design, engineer, supply and construction pipeline.  The New Year also…