July 25, 2018

Oil Search releases second quarter reports

Papua New Guinea’s E&P giant, Oil Search released second-quarter earnings for their LNG project. The company’s total production saw an increase to 5.40 MMboe in May and June 2018. After the February Highlands earthquake, the company’s LNG project in Papua New Guinea has made a speedy recovery with a 12% increase in this quarter. MD, Oil Search stated that the company has recovered well from the disaster.

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