OPERATIONS

Oil Search back on pre-quake footing

DESPITE a difficult period of recovery from February’s earthquake in Papua New Guinea, Oil Search’s second quarter 2018 production rates managed to beat those from the same period in 2017.

James Bowen

The PNG LNG plant

The company announced total production in the second quarter was 5.4 million barrels of oil equivalent, which was 12% higher than the first quarter result. Total revenue for the quarter fell 11%...

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