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OISHF News and Press, Oil Search Ltd From 02/03/20

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Company Name: Oil Search Ltd
Stock Symbol: OISHF
Market: OTC

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OISHF - Exxon partner in PNG says state terms for P'nyang project uneconomical

Exxon Mobil's (NYSE: XOM ) partner on the P'nyang gas project threatened by failed talks says terms demanded by Papua New Guinea's government would not allow for a sufficient return on investment . More news on: Exxon Mobil Corporation, Oil Search Limited, TOTAL S.A., Energy stocks news, ...

OISHF - Exxon, Papua New Guinea hit standoff in talks over $13B gas expansion

Papua New Guinea's petroleum minister indicates progress has stalled in talks with Exxon Mobil ( XOM -0.4% ) about a $13B gas expansion, saying the company is unwilling to negotiate on the government's terms. More news on: Exxon Mobil Corporation, TOTAL S.A., Oil Search Limited, Energy...

OISHF - Oil Search: Revisiting The Thesis A Year After The First Coverage

I covered Oil Search ( OISHY ; OISHF ), a Papua New Guinea-based oil & gas company for the first time a year ago. In October 2018, I analyzed its fundamentals impacted by the inimical earthquake in PNG that had taken a toll on the operations and harmed infrastructure. After a meticulous...

OISHF - Oil Search taps Wulff to succeed 25-year company vet Botten

Oil Search Ltd. ( OTCPK:OISHF ) says Managing Director Peter Botten will retire from the company in February after 25 years in the role, just as the company enters a major growth phase in Papua New Guinea and Alaska. More news on: Oil Search Limited, Energy stocks news, Read more ......

OISHF - Papua New Guinea affirms $13B gas deal with Total, partners

Papua New Guinea's government says it will honor the gas deal signed earlier with Total (NYSE: TOT ) for a $13B plan to expand gas exports, after securing minor concessions from the company. More news on: TOTAL S.A., Exxon Mobil Corporation, Oil Search Limited, Energy stocks news, Re...

OISHF - Papua New Guinea opposition leader urges support for Total gas deal

Total ( TOT +0.7% ) edges higher after Papua New Guinea's opposition leader pressed Prime Minister Marape to back the Papua LNG gas deal with the company rather than seek changes and delay a $13B expansion of the country's gas exports. More news on: TOTAL S.A., Exxon Mobil Corporation,...

OISHF - Papua LNG partners seek quick resolution or face higher development costs

Costs could rise for the planned $13B development that would double gas exports from Papua New Guinea if talks on a gas agreement between the government and Total (NYSE: TOT ) drag on beyond next week, partner Oil Search ( OTCPK:OISHF ) warns. More news on: TOTAL S.A., Oil Search Limite...

OISHF - Papua New Guinea to renegotiate terms of Papua LNG gas deal

Papua New Guinea's government has sent a team to Singapore to re-negotiate its Papua LNG agreement with Total (NYSE: TOT ), warning the talks could end "disastrously." More news on: TOTAL S.A., Oil Search Limited, Exxon Mobil Corporation, Energy stocks news, Read more ...

OISHF - Multi-billion dollar gas deal set to go ahead, Papua New Guinea minister says

Papua New Guinea's oil minister says the $13B Papua LNG project will proceed despite earlier misgivings from new Prime Minister Marape over the terms of the deal. More news on: Exxon Mobil Corporation, TOTAL S.A., Oil Search Limited, Energy stocks news, Read more ...

OISHF - Papua New Guinea could renegotiate LNG deal, new oil minister says

Papua New Guinea's petroleum minister says the country's gas deal with Total (NYSE: TOT ) could be re-drawn if a government review finds its terms unfavorable. More news on: TOTAL S.A., Exxon Mobil Corporation, Oil Search Limited, Energy stocks news, Read more ...

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