TotalEnergies Chairman and Chief Executive Patrick Pouyanné has held discussions with James Marape, the Prime Minister of Papua New Guinea, on the current status of the PNG LNG expansion called the Papua LNG joint venture.

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Papua LNG, the joint venture expansion project in Papua New Guinea involving France’s TotalEnergies, US major ExxonMobil and Australia’s Santos, has launched a full front-end engineering and design (FEED) process to expand the existing PNG LNG plant’s production by up to 6 million tonnes per annum.

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Papua New Guinea Prime Minister James Marape urged Australian LNG and mining sector investors to “take my people with you” in an address to a mining and petroleum conference in Sydney on future development projects in his Oceania nation.

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Oil Search, the Papua New Guinea liquefied natural gas and oil player, posted impressive third-quarter results making the US$6.25-billion merger with Australian LNG plant operator Santos even more enticing as PNG LNG expansion plans also advanced.

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Australian LNG plant operator Santos and Australian-listed energy company Oil Search have jointly announced the completion of the takeover of Oil Search by Santos in a deal worth A$8.40 billion (US$6.25 billion) to create a key Asia-Pacific LNG and energy player.

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Australian LNG plant operator Santos and Australian-listed energy company Oil Search, which has Papua New Guinea LNG and oil stakes and Alaskan oil assets, have extended their period of mutual due diligence regarding the proposed takeover of Oil Search by Santos in a deal worth A$8.40 billion (US$6.25 billion) to create a front-rank global energy company.

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Oil Search, one of the shareholders in the Papua New Guinea LNG expansion project called Papua LNG, said the joint venture was aiming for front-end engineering and design completion by 2022, a final investment decision by 2023 and first gas by 2027.

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French oil and gas major Total and the Government of Papua New Guinea have agreed to proceed again with the Papua LNG project with natural gas mainly from the Elk-Antelope resources, among the largest onshore gas fields in Asia.

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