A CONSORTIUM of international oil and gas companies has launched legal proceedings against the PNG Government over the proposed cancellation of one of the country’s most high-profile petroleum licences. Discussions between PNG Petroleum Minister Dr Fabian Pok and members of
TAG Oil Ltd has commenced its enhanced recovery waterflood project in its onshore Cheal field with the start of water injection at the Cheal-B3 well at a rate of 400 BW/d. The company said the water injection rate will be
NEW Zealand’s Energy and Resources Minister Simon Bridges has announced the start of the Block Offer 2017 process for awarding oil and gas exploration permits. Consultation with iwi begins now and with local authorities in the areas being proposed for
NZ Oil & Gas (NZOG) reports that technical work has been completed on the potential second phase of development at Kupe. The company said a commercial review and approval by the joint venture parties is expected to be concluded prior
NEW Zealand onshore specialist TAG Oil Ltd has successfully increased its production figures despite significantly reducing its capital expenditure allocation. Releasing its first quarter results for the Canadian fiscal year ending March 31, 2017, the company said it has continued
PAPUA New Guinea oil and gas powerhouse Oil Search Ltd believes the recent decision by ExxonMobil to buy a stake in the Papua LNG project is a game changer for the country’s petroleum industry. The company said the recent decision