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PGS Completes Offshore Survey in Papua New Guinea

Apr 30, 2020

Norwegian seismic data acquisition company PGS has said it has completed the acquisition phase of its Painimaut 3D MultiClient program, offshore Papua New Guinea.Using its Ramform Hyperion seismic survey vessel, PGS has gathered over 6 100 sq. km of seismic data in Papua New Guinea.'The Painimaut program targets a number of play types in the under-explored Papuan Basin in both held and vacant acreage…

Papua New Guinea Amends Oil, Gas, Mining Laws to Boost Revenue

Jun 11, 2020

Papua New Guinea has passed legislation seeking to boost benefits to the country from oil, gas, and mine developments, which could impact talks on stalled projects planned by Exxon Mobil Corp and Newcrest Mining.The amended laws reflect a push by Prime Minister James Marape…

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