Aligned Energy Limited

Oil Search 100pc owner of Markham Valley project

Currently, the project is in its Front End Engineering and Design (FEED) phase, costing US$15 million (K45 million). It will be completed in mid-2017.

Formerly, Oil Search owned 70 percent while Aligned Energy 30 percent.

Oil Search in December last year inked a Power Purchase Agreement (PPA) with PNG Power to support the PNG Power Ramu grid with 30 megawatts of electricity in 2019.  

The project is located in Morobe Province, and more than 200,000 trees are being planted to feed this project.