Timor-Leste’s official Oil & Gas event goes online
by PNG Business News - May 25, 2020
IN-VR is organising the Timor-Leste Oil & Gas Energy Online Summit, taking place completely online and sponsored by SundaGas and Pacific Towing. All the profits will be donated to charity supporting their initiative to provide masks, gloves and necessities to groups in need.
The online summit will take place on July 9th 2020, focusing on Timor-Leste's plans in the current oil price landscape, new business opportunities in its 2nd Licensing Round, exploration updates and new midstream projects.
The summit will gather government officials, key IOCs, investors and service providers that will discuss these topics and network with attendees online in sessions and private B2B meeting rooms.
What are the key thematics of the online summit?
● Timor-Leste’s 2nd Licensing Round: Acreage opportunities and terms
● ANPM’s instrumental role and jurisdiction in the country and region
● Timor-Leste’s geology and available seismic data
● Why invest in Timor-Leste - Investor's perspective
● Service provider opportunities in Timor-Leste
● The Timor-Leste / Australia Maritime Boundary Treaty – the new framework
● What are the best companies to partner within Timor-Leste?
● Exploration updates in Timor-Leste
● The Chudith Gas Discovery and the PSC TL-SO-19016 license, SundaGas’ success and update
● Bayu-Undan field updates and new opportunities
Who will be presenting?
● Dino da Silva, President, ANPM
● Mateus da Costa, Director of Exploration, ANPM
● Amado Hei, Director for PSC & Legal Compliance, ANPM
● Andy Butler, Chief Executive Officer, SundaGas
● Neil Papenfus, General Manager, Pacific Towing and many more, soon to be announced!
Let's get masks, gloves and food to the right people while we network with Timor-Leste's oil & gas industry!
For further information please visit: https://www.in-vr.co/timor-leste-online
Or contact: firstname.lastname@example.org
PNG Business News - December 02, 2019
Mining Petroleum Conference kicks off
The Papua New Guinea Mining and Petroleum Conference and Exhibition kicks off today for the next three days December 3-5 at the Stanley Hotel & Suites in Port Moresby in the nation’s capital.More than 1,000 participants are expected to attend the biennial conference and expo, to be held in conjunction with the main conference.Yesterday business houses participating in the exhibitions put finishing touches to their stalls for the start of conference today.Major players in the local and global resources industry are expected to visit despite their being a downturn in the PNG and even the global economy.Prime Minister James Marape is expected to officiate at the opening and address participants, many of them eager to hear what the Prime Minister has to say in regards to proposed changes to the Mining Act, which has raised concerns in the industry and calls for more collaboration and a relook at these proposed changes which may impact investment and mining operations.The conference provides comprehensive technical updates, and offers an excellent opportunity to meet all the players in the PNG mining and petroleum industry, including Government, and for joint venture discussions, networking and promotions. The event also informs delegates on current activities in the PNG resource industry and highlights new developments, advanced prospects, new discoveries and exploration as well as economic and social achievements.The conference week follows on from the passing of the 2020 budget by the new government led by Prime Minister James Marape – his government’s first national budget, which he has described as a ‘hard one’ in view of the current economic climate.He said this yesterday when commenting on the Budget which was handed down by Treasurer Ian Ling-Stuckey last Thursday.As the conference starts, some of PNG’s big-ticket projects like Wafi-Golpu mine, Porgera mine, P’nyang and Papua LNG projects are still in discussion stage.
PNG Business News - November 05, 2019
New ‘Coal in Asia’ segment to be launched at the 6th Mining Investment Asia Conference in Singapore
Mining Investment Asia (https://www.mininginvestmentasia.com/), South East Asia’s largest mining conference and exhibition showcasing South East Asia’s mining sector to an international audience of investors and various mining stakeholders, is scheduled to return to Singapore from 17 - 19 March 2020. For this 6th edition, a brand new full day segment entitled ‘Coal in Asia’ will be launched on 17 March to complement the event’s current focus on mining financing, technology and gender diversity. Why Coal in Asia? Coal is a dominant fuel in the rapidly growing economies of South East Asia even amidst a global move towards clean energy. Within the Asian region, India, China and Indonesia play major roles both as consumers and producers of coal. Hence, ‘Coal in Asia’ seeks to focus on what lies ahead for coal in the region and the key drivers for transformation. Major national and private coal mining companies are confirming their participation, with key stakeholders such as Indonesia Coal Mining Association (APBI-ICMA) already supporting this event. Latest speakers Speakers who have come onboard to be a part of Mining Investment Asia 2020 include: Robin Lee, CEO & Founder, Hello Gold (Malaysia) (First time speaker at this event) Raymond Liu, Founding Partner, Havelock Mining Investment (China) (First time speaker at this event) Thao Dh Ngo, Group Executive Chairman, First Indochina Group (Vietnam) Edward Gustely, Managing Director, Penida Capital (Indonesia) Michel Labrousse, Managing Partner, Mazarin Capital (Hong Kong)Hendra Sinadia, Executive Director, Indonesia Coal Mining Association (Indonesia) Cindy Teoh, Associate Editor - Investments, Golden Equator Capital (Singapore) Thomas Puppendahl, Chief Investment Officer, Chancery Asset Management (Singapore) Jayant Bhandari, Mining and Institutional Investor Expert, Anarcho Capital Inc (Canada) Over the past 5 years, the high quality of the speakers assembled at this event has provided insightful regional and international perspectives, leading to Mining Investment Asia being recognised as the leading event in the region for global companies and individuals who wish to understand what makes South East Asia mining industry tick and to meet the key players in this region. Testimonials from past participants Feedback from past attendees have consistently highlighted both the high quality of the speakers and the attendees. In addition, what makes Mining Investment Asia special to them include: Great networking opportunities High level discussions Opportunity to understand and meet the relevant decision makers from the South East Asia mining industry. Constance Tan, Principal Consultant, Alvito Capital Holding (Singapore) opined that ‘When I speak to other delegates here, they agree that it has been a useful forum for them to ask questions and meet like-minded people in the same industry over meals and networking drinks. Overall Mining Investment Asia is a formal yet informal event with plenty of interaction for future collaboration’. Charmaine Olea Capili, Executive Director, Philippine Nickel Mining Association said that ‘It is a big leap for us coming here as an Association as it is the first we are coming out here in South East Asia. We are very excited as it is an opportunity for us to share globally what we have done in our country and our best practices’ Dato Aminudin Hashim, CEO of Menteri Besar Inc, a government body tasked to drive growth in the Malaysian state of Perak, highlighted that ‘Mining Investment Asia is a great event. A good event depends not only on the content but the quality of the attendees. I got to meet many senior players in the industry, from the mining, policy and the financing industry. It is a great meeting of minds from the mining sector here in Singapore’. Spaces are still available for sponsors, exhibitors and delegates who wish to be a part of Mining Investment Asia. Enquiries can be sent to Jarred via email at email@example.com or phone at +65 6717 6017. More information can be found at the event website: https://www.mininginvestmentasia.com/ Background on Spire Events Spire Events is a Singapore based events company specialising in mining & energy conferences and expos. Mining Investment Asia is part of the global Mining Investment Conference Series that spans across various locations in Asia, Africa, Europe, Latin and North America and the Middle East. Spire Events also organises the MiningTech Conference Series which focuses on technology in mining and they are held in Chile, South Africa and Brazil. Besides conferences, Spire Events also organises large scale mining and energy expos in Africa, namely Mauritania, DRC, Sierra Leone and Botswana. The full calendar of events can be found at www.spire-events.com
PNG Business News - May 26, 2020
Global E&P: National regulators meet with IOCs online
IN-VR is organising the Global E&P Summit on July 2nd, taking place completely online. For the first time ever, 16 national oil & gas ministries, regulators and NOCs are gathering online to promote their available E&P global opportunities to IOCs and service providers from all over the world. The biggest online E&P event of the year Meet with hundreds of IOCs and service providers at the biggest online oil & gas event to ever take place. Book private meetings, network, and find the latest news on Licensing Rounds, discoveries, and tech updates.Listen to presentations from Brazil, Namibia, Timor-Leste, Ghana, Morocco, Peru, Argentina, Benin and many more authorities on the same stage for the first time. The countries will discuss their success, challenges and new opportunities after COVID-19. Promote your company to IOCs and service providers from all over the world looking to prospect and expand their business. Who is presenting at the Global E&P Online Summit? ANP, Brazil Ministry of Energy, Ghana Ministry of Mines and Energy, Namibia Ministry of Petroleum and Mineral Resources, Somalia Gabon Oil, Gabon ONHYM, Morocco Perupetro, Peru ANPM, Timor-Leste CUPET, Cuba SOBEH, Benin Ministry of Energy, Sao Tome and Principe and many more, soon to be announced! Three stages, more than 60 topics With hundreds of VIPs, officials from 16 countries, and 12 hours of non-stop streaming, you will have the option to choose the session you are most interested in watching and participate in it, before having private meetings. All three stages will be hosting sessions with different topics, discussions, Q&As and presentations on: onshore and offshore available acreage, upcoming Licensing Rounds in 2021, latest E&P technology advances, farm-in opportunities and many more. For further information please visit: https://www.in-vr.co/global-ep Or contact: firstname.lastname@example.org
PNG Business News - June 05, 2023
PNG PM Marape Participates in PIF Leaders Breakfast Caucas
Photo: PNG PM Marape Participates in PIF Leaders Breakfast Caucas Prior to the Korean-Pacific Islands Leaders (Kor-Pic) Meeting, Papua New Guinea Prime Minister Marape joined other PIC Leaders for a breakfast caucus Chaired by Cook Islands Prime Minister and current Pacific Islands Forum Chair Mark Brown, to discuss the agenda and a common position on shared development issues. Prime Minister Marape said climate variation, being the perennial issue including sourcing appropriate development assistance from the Korean Government was high on the agenda. He said the encouragement during the caucus was for all PIC Leaders to discuss their developmental challenges and put forward their ideas on how Korean Development assistance could complement the 2050 Blue Pacific Strategy. Following this caucus, Prime Minister Marape, met with Australian Deputy Prime Minister Richard Marles. Their discussions were centered around progress of the proposed Bilateral Security Treaty (BST), the recently concluded Defense Cooperation Agreement with the US, Visa issues and the PNG NRL Bid. On the BST, Prime Minister Marape mentioned that it was work in progress and required the PNG side to consult our domestic processes and sovereign laws in relation to certain wordings and provisions. He also conveyed his apologies to Prime Minister Anthony Albanese for the delay in formalising this proposed Treaty with Australia. For the DCA with the US, Prime Minister Marape informed that it was centered around improving the PNGDF's capabilities and interoperability including protecting our frontiers and sovereignty. He said it was non-discriminatory and PNG was open to entering into similar arrangements with its bilateral partners. “In fact, the DCA would also complement domestic law enforcement,” Prime Minister Marape said. “The Ship Rider Agreement on the other hand was also vital in combating illegal fishing and transnational crimes.” For Visa issues, Deputy Prime Minister Marles informed that the current Australian Government was fully aware of the situation and following the Ministerial Forum in February this year in Canberra, had established a Joint Ministerial Team to work on bringing the Australian visa processing facility back on shore to PNG. Prime Minister Marape in his response said that all processes from both sides had to be attended to in order for smooth facilitation and for citizens and businesses to continue without much hindrance now and heading into 2050 when PNG celebrates 50 years of nationhood. On Papua New Guinea’s NRL Bid, Prime Minister Marape explained that PNG was still very keen as rugby league was a major unifying factor, bringing our 800 tribes together as one people. In closing Prime Minister Marape assured Deputy Prime Minister Marles that PNG in no way would compromise its excellent existing bilateral relations with Australia and further stressed that PNG was capable of managing its sovereign affairs on its terms, systems and processes.
PNG Business News - June 05, 2023
ADB Helps Launch Vocational Education Project in PNG
The Asian Development Bank (ADB) and the governments of Australia and Papua New Guinea (PNG) today launched a cofinanced project to improve the country’s technical and vocational education and training (TVET) program. PNG's Deputy Prime Minister John Rosso delivered a keynote address at the launch event at Port Moresby Technical College. PNG’s Minister of Higher Education, Research, Science and Technology, and Sports Don Polye, ADB Country Director for Papua New Guinea David Hill, and Australian High Commission Minister Counsellor Paul Lehmann all spoke at the event. The Improved Technical and Vocational Education and Training for Employment Project financed by ADB and the governments of Australia and PNG will strengthen the country’s TVET program and help prepare students to be more competitive and responsive to employment and industry demands. “We hope this project will become a model for all vocational education and skills training in TVET colleges in the country,” said Mr. Rosso. “The beneficiaries of this project—young, skilled workers, including women and men—represent PNG’s future, and through this project, the future of vocational education in PNG looks bright.” This project aims to boost the numbers of skilled workers in the construction and agriculture sectors where demand is high. “We will work with our partners to help advance reforms in the vocational education and skills training space in PNG,” said Mr.Hill. “These sought-after skills in priority sectors will help grow PNG’s economy.” The TVET sector of PNG’s education system comprises public, religious, or private institutions, including technical and business colleges offering postsecondary courses and vocational training. “The Australian government is pleased to be supporting the Government of Papua New Guinea to achieve its reform goals in technical and vocational education and training to increase the number and quality of skilled workers,” said Australian High Commission Minister Counsellor Paul Lehmann. “My vision for the TVET for Employment Project is that it will perform as an innovation and technology business incubator across PNG,” said Mr. Polye. “The project is the embodiment of a new approach—building a culture of quality education and innovation in a renewed and revitalized TVET sector.” The Improved Technical and Vocational Education and Training for Employment Project is funded through a $50 million concessional loan from ADB and a $10.6 million grant from Australia. The Government of PNG is also contributing $5.7 million. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.
PNG Business News - June 05, 2023
PNG Forges an Innovation-fueled Partnership with South Korea in Digital Transformation
Papua New Guinea was amongst seven other Pacific Island countries to sign a partnership statement of intent with the Republic of Korea to further cooperation and partnership in digital transformation. Information and Communications Technology Minister Timothy Masiu, who also was appointed co- chair of the just concluded Korea -Pacific Islands Digital Ministerial Conference in Seoul, South Korea, signed the statement together with the meeting chairman Korean Minister for Science and ICT Dr Lee Jong-Ho. The others who signed the partnership intent are Tonga, Nauru, Samoa, Palau, Cook Islands and Kiribati. Australia and the World Bank also attended the meeting as supporting partners. The Statement of Intent states; The partnership recognize digitalization has transformed not only daily lives but also shapes innovation in all sectors including politics, economy, society, culture and environment. Recognize and note that digital technology offers great potential to address various social economic challenges that come with rapid transformation of society. Agree on continued partnership in digital transformation inclusive of sustainable development will be the key to future prosperity of the people of Korea and the pacific. Agree on sharing digital vision of policies will pave way for strong partnership to digital co-prosperity. Mr Masiu expressed deep satisfaction that Korea , the global leading innovation country, has agreed to partner with Pacific countries including Papua New Guinea in digital transformation that will greatly enhance communication in a vast area like the Pacific and more so, strengthen supporting technology to better access to health, education and business. He told the conference that Papua New Guinea has begun the digital transformation with Parliament passing the Digital Government Act 2022 and relevant policies, and welcomed the partnership with the Republic of Korea, which he says, will go a long way in progressing the digital transformation agenda for PNG and the region. Mr Masiu had bilateral meeting with his South Korean counterpart, further seeking a stronger country to country relations in digital transformation and support to the National Broadcasting Corporation proposing a partnership between the NBC and the Korean Broadcasting Services. The Minister has formally invited the Korean Minister for Science and ICT to visit Papua New Guinea for the Pacific ICT meeting in August 2023 or to accompany the South Korean President who has been invited by Prime Minister James Marape to visit PNG. Mr Marape was in Seoul also this week for the Korea- Pacific Islands Forum Leaders meeting. Minister Dr Lee Jong-Ho acknowledges the leadership of Papua New Guinea in digital transformation and reaffirmed its support to PNG and the other Pacific Island countries.