Photo: Lae Facility In the challenging business landscape of Papua New Guinea, Pacific Industries Ltd has risen to prominence as a leading food and beverage manufacturer and distributor. Throughout its 70 years and three-generation history, the company has demonstrated resilience and adaptability, with recent strategic investments and expansions illust...

We are proud to offer a large range of services in Papua New Guinea (PNG) with a number of local locations in key industry hotspots across the country. With positive growth of the PNG economy since 2021, powered largely by the extractives sector, we have supplied a large number of services to aid major operations throughout the region. This has ranged ...

Papua New Guinea (PNG), a country known for its diverse natural resources and rich mining industry, has witnessed a significant boost in its drilling operations, over the last few years. Redback, a global leader in drilling tools and equipment, has increased our operations in this region to best service our clientele. With a commitment to excellence an...

Steamships Limited recently took possession of Motukea North from Curtain Bros Limited. This is a significant milestone for Steamships in its plans to develop the 38-hectare site to the north-west of Motukea Wharf into Portside Business Park. Steamships Managing Director, Rupert Bray, said “We see the Portside Business Park precinct as the future indus...

Residents of Manu and it’s surrounds can now treat themselves to an ENZO’s Pizza. The latest addition to PNG’s favourite Pizza outlet is conveniently located at the recently reopened Puma Station on Taurama Road. ENZO’s Pizza Country Development Manager Sudeep Geethanandan said, “Our vision is to make ENZO’s more accessible to all Papua New Guineans. B...

Contrary to recent news outlets, PNG Business News aims to shed light on PNG's ongoing tuberculosis (TB) crisis. In 2020, the global number of TB deaths rose for the first time in a decade, and the situation in PNG is particularly dire. With thirteen daily TB-related deaths, the impact on workforce health and productivity is significant, as TB cases and f...

Photo: Remington Group CEO, Peter Goodwin (L) and POMCCI Consultant Brian Riches (R). The Remington Group is proud to announce the launch of its ‘Loyal to Local’ campaign with the support of the Port Moresby Chamber of Commerce and Industry. The core objective of this campaign is to inspire and encourage both business communities and individuals to ...

From mining camps, to health and education facilities, to retail and commercial fit outs, PNGFP’s NiuBuild provides complete project solutions throughout PNG and the South Pacific. In fact, you might be surprised to know that PNG Forest Products is the largest supplier of timber housing & infrastructure projects in the South Pacific. Having delivered ...

Photo: Pacific Towing towed a replacement 250m oil transfer hose from Port Moresby to an offshore export terminal in the Gulf of Papua in February as part of the terminal’s scheduled routine maintenance.  Pacific Towing also towed the replaced transfer hose back to Port Moresby. Pacific Towing (PacTow) is increasingly performing ocean towages, includin...

The Wan PNG platform has been moving from strength to strength over the last few weeks as it prepares for its official launch soon. After signing the Memorandum of Understanding between Papua LNG and Kumul Petroleum Holdings Limited, the platform has now been presented at a number of events such as the recently organised Port Moresby Chamber of Commerc...

Photo: The apprentices and OTML Training Centre Staff at the indenture signing Thirty-seven (37) new apprentices have joined Ok Tedi Mining Limited’s (OTML) Apprenticeship Training Program, bringing the total number of apprentices currently undergoing the program to 73. The first-year apprentices signed their Indenture Contracts with OTML and the Na...

Photo: Students from Tabubil International School with OTML Safety Mascots PITA and SES after a Road Safety Awareness. Ok Tedi Mining Limited (OTML) staged a week-long awareness campaign in all its operational sites, of Fubilan/Folomian, Tabubil, Kiunga, Bige and Port Moresby focusing on ‘Light Vehicles and Mobile Equipment Safety’ during its National ...

ExxonMobil has appointed Tera Shandro, currently Senior Opportunity Evaluation Advisor to the ExxonMobil CEO & Management Committee, as its new Chairperson and Managing Director at ExxonMobil PNG Limited. Shandro takes over from outgoing Chairman and Managing Director, Peter Larden, who will become the Senior Upstream & Low Carbon Solutions Adv...

Photo from left to right: Luke Liria (KPHL), Richard Kassman (TotalEnergies), Wapu Sonk (KPHL), Jean Marc Noiray (TotalEnergies), Marie-Alix Dognin (Total Energies), Evan Shellshear (UBIDY). Credit: Kumul Petroleum Holdings Limited To increase job opportunities for Papua New Guineans, the country's national petroleum frontrunner Kumul Petroleum Holding...

BSP Financial Group Limited (BSP) has appointed Nuni Kulu as the new Group Chief Operating Officer (GCOO) on Wednesday 26th April, 2023, making Ms. Kulu the first Papua New Guinean woman to have this leadership role in its history. With a career that spans over 25 years in the banking industry, Ms. Kulu entered as a graduate trainee in 1998, before mov...

Photo: Santos Managing Director and Chief Executive Officer Kevin Gallagher. Photo credit: Attila Csaszar Strong sales revenue and free cash flow Sales revenue of US$1.6 billion in the first quarter First quarter production of 22.2 mmboe was lower than the prior quarter primarily due to reduced domestic gas volumes in Western Australia supporte...