Thursday 28 March 2024
 
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Papua New Guinea

KBR wins key energy deal in Papua New Guinea

KBR, a global provider of professional services and technologies within the hydrocarbons sectors, has won a contract from Papua New Guinea's Department of Petroleum to provide ongoing consulting, advisory and engineering services in relati

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Rio gives away stake in PNG Mine with $51bn reserves

Rio Tinto Group has given away its stake in the company that owns an abandoned mine in Papua New Guinea with potential copper and gold reserves worth $51 billion, said a report. The London-based miner has transferred its 54 per ce

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The world's most expensive places to buy water

Papua New Guinea is the most difficult and expensive place in the world to access clean water, forcing the poor to spend more than half their income on this essential resource, a charity said on Tuesday. Some 650 million people do

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Strong quake hits near Papua New Guinea

A large magnitude 7.4 earthquake struck on Tuesday around 150 km (93 miles) south of the town of Rabaul in Papua New Guinea, the US Geological Survey said, setting off a tsunami warning within 300 km of the epicentre. The Pacific

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Major quake off Papua New Guinea; tsunami warning

A major earthquake with a magnitude 7.7 struck off Papua New Guinea on Monday, official monitors said, and a tsunami warning was issued soon after. The epicentre of the 33 km deep quake was near the town of Rabaul in the northeast

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7.8 earthquake hits off Papua New Guinea

An earthquake with a magnitude 7.8 was recorded off Papua New Guinea on Saturday, the U.S. Geological Survey said. The quake, at a depth of 10 km (6 miles), hit 68 km southwest of Panguna. The Pacific Tsunami Warnin

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RSH to build homes in Papua New Guinea

Saudi Arabia-based Red Sea Housing Services (RSH) Company recently signed a SR75 million ($20 million) contract Papua New Guinea (PNG) for the construction of housing units for the local police in Bomana area, Port Moresby. Red Se

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‘No survivors from PNG plane crash'

Rescuers have reached the wreckage of a passenger aircraft that crashed in Papua New Guinea and found no survivors among the 13 passengers and crew, Australian Prime Minister Kevin Rudd said on Wednesday. The Airlines PNG De Havilland Twin

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Plane with 13 lost in Papua New Guinea

A passenger plane with 13 people on board disappeared over dense jungle in the South Pacific island nation of Papua New Guinea on Tuesday, the airline and Australian officials said. Airlines PNG, in a statement quoted by the Australian Bro

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PNG close to $1.1bn IPIC stake fund deal

Papua New Guinea is close to a deal with Abu Dhabi fund International Petroleum Investment Company (IPIC) to raise A$1.68 billion ($1.1 billion), through exchangeable bonds for Oil Search Limited to fund its stake in an $11 billion LNG p

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