Twinza agreed to take in Mineral Resources Development as a 50 percent co-venturer in its fully-owned Pasca A field development project offshore Papua New Guinea. Twinza Oil (PNG) Ltd. has agreed to ...
The government of Papua New Guinea has increased demands on the gas agreement for Twinza Oil Ltd.’s proposed Pasca A development in permit PPL 328 in the Gulf of Papua. The government informed Twinza ...
Twinza Oil Ltd. increased the hydrocarbon resource potential of Pasca A gas-condensate field in PPL 328 in the Gulf of Papua and confirmed CO 2 sequestration potential. An updated resource assessment ...
Twinza was awarded exploration Block PPL 328, which contains the Pasca discovery about three years ago. PNG company Petromin at one stage held a minority interest but it is not certain if the company ...
Papua New Guinea’s first offshore development is progressing steadily toward its goal of achieving first production in 2021, writes Russell Searancke. The Pasca project is owned and operated by ...