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The PNG Chamber of Resources & Energy (PNG CORE) launched PNG Investment Week 2026 on Wednesday, 29 September, marking a major step in preparations for one of Papua New Guinea’s leading investment and business events.
Council President Anthony Smare, Events Chairman Mark McMonagle, Executive Director Richard Kassman and other Council members joined industry leaders, sponsors, stakeholder organisations, and public- and private-sector representatives at the launch. The Chamber confirmed that preparations for the Sydney event are well advanced.
Event Overview
PNG Investment Week 2026
Chinese mining company Lingbao Gold Group has agreed to acquire St Barbara Ltd.'s remaining interest in Tabar Islands Holdings Pty Ltd., paving the way for Lingbao to take full ownership of the New Simberi operation and exploration interests across Papua New Guinea's Tabar Islands.

The agreement, announced Sept. 10, is valued at A$410 million in cash, with a further A$43 million repayment to St Barbara for its construction capital contribution between April 2026 and the signing of the deal.

Completion is targeted for March 2027, subject to conditions and r
The PNG LNG Project has safely produced more than 100 million tonnes of liquefied natural gas since operations began in 2014, marking a major milestone for Papua New Guinea's petroleum industry.

The project, operated by ExxonMobil PNG Ltd., has connected Papua New Guinea's natural gas resources with global energy markets while supporting national development through employment, training, local business opportunities and community investment.

PNG LNG is an integrated gas development that produces natural gas from fields in Hela and Southern Highlands provin
Reeves Envico and CE Group have commenced work on the 22-kilometre transmission line that will connect renewable energy from Tina River with the homes, businesses and essential services of Honiara.

Against the rolling hills and demanding terrain of Guadalcanal, work is beginning on a connection that will carry more than electricity.

The new transmission line will extend 22 kilometres from the Tina River Hydropower Facility to Lungga Power Station and the Honiara national electricity grid. Once complete, it will carry up to 15 megawatts of renewable power to the ca
Trukai Industries has presented K133,100 to the Morobe Provincial Agriculture Show (MPAS), renewing its support for an event it has backed for 40 years.
The cheque was presented to MPAS President Hans Merl at the Lae Showgrounds, marking another year of Trukai’s longstanding partnership with the show.
The Morobe Provincial Agriculture Show provides a platform for the agricultural community to come together to showcase produce, livestock, farming activities, businesses, and other developments within the sector.
For Trukai, the partnership is a natural fit given agriculture’s impo
Japan and Papua New Guinea have formalised grant assistance for a landslide-prone section of the Kokopo-Rabaul Coastal Trunk Road and a scholarship program for PNG public servants, strengthening bilateral development cooperation between the two countries.

The projects were formalised on Sept. 18 through the signing of an Exchange of Note and Grant Agreement between the PNG government and Japan, with implementation to be supported by the Japan International Cooperation Agency (JICA) under Japan’s official development assistance program.

The projects — t
The Morobe Provincial Government is restructuring its tourism board to strengthen coordination across the industry and give businesses and communities a greater role in developing tourism opportunities across the province.

The Morobe Provincial Executive Council has appointed a new Tourism Board to advise and support the Provincial Government and Administration, with its membership drawn from tourism, business, agriculture, transport and community sectors.

The new structure moves away from appointments based primarily on political nominations and is intended to es
Editor’s Note: In this issue, Michael McWalter, former Director of the Petroleum Division and Adviser to the Government of Papua New Guinea, and erstwhile petroleum adviser to the Governments of Ghana, Liberia, Cambodia, Sao Tome, and South Sudan writes about Liquefied Natural Gas. He is a certified petroleum geologist, and technical specialist in upstream petroleum industry regulation, administration, and institutional development. 

Natural Gas 

Many people in Papua New Guinea will have heard of LNG, but how many of us know exactly what it is?&nbs
Hastings Deering PNG showcased its long-standing commitment to Papua New Guinea's resources sector at this year's event, while highlighting the important role skills development and local capability continue to play in supporting the nation's growth.

A key highlight for Hastings Deering PNG was an exclusive visit from Prime Minister James Marape ahead of the official opening of the exhibition.

During his tour, Prime Minister Marape visited the Hastings Deering PNG stand. Accompanied by government ministers, industry representatives and members of the m
For Papua New Guinea’s petroleum and energy sector, digital transformation is no longer simply about putting existing processes online.
The bigger challenge is building digital systems that can operate securely across complex organizations, connect fragmented data, support field operations, withstand demanding infrastructure conditions and remain reliable long after they go live.
That is where NiuPay Limited sees an opportunity.
The Papua New Guinean technology company designs, builds, deploys and supports digital platforms for organizations where security, interoperability, auditabil