You are here

SUBSCRIBERS

Total to take 60% stakes in PNG gas assets

It ties up with Oil Search to acquire InterOil's gas and exploration assets

Sydney

TOTAL SA and Oil Search Ltd will divide the Papua New Guinea (PNG) assets of InterOil Corp in a two-step deal as global energy companies seek to expand the Pacific nation's liquefied natural gas (LNG) exports.

After buying 100 per cent of its fellow Papua New Guinea explorer...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes