ExxonMobil

ExxonMobil Supports PNGOC Olympic Campaign

This significant funding, announced at the ExxonMobil Haus in Port Moresby, underscores the corporation's steadfast dedication to supporting Papua New Guinea's sporting aspirations.

Having already contributed a substantial K1.7 million since 2012, ExxonMobil's continued backing is a testament to its commitment to fostering athletic excellence in the country. 

This latest contribution is poised to make a tangible difference in the athletes' preparations, providing vital resources for training, equipment, and logistical support.

PNG Power Play Awards 2024 returns

The event, organized by ExxonMobil, celebrated its second annual launch at a networking lunch on Monday, May 6.

ExxonMobil PNG chairperson and managing director, Tera Shandro emphasized the importance of storytelling in celebrating the unique paths and achievements within these sectors.

Fiscal Stability Agreement for P’nyang Signed

This agreement, a follow-up to the earlier P’nyang LNG Project Gas Agreement signed in February 2022, marks a crucial milestone for the project, positioning it to potentially become the country’s third LNG export venture.

Empowering Women In STEM

The company, through its PNG LNG Project, continues to champion equal opportunities for women in STEM fields, emphasizing their contributions to innovation and progress.

Despite women comprising only 19 percent of the Papua New Guinean workforce, ExxonMobil PNG is proud to highlight the exceptional women driving success behind the scenes. From discovering new plant species to ensuring the quality of LNG cargo, these women are breaking barriers and making significant strides in STEM.

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Deal to address fuel issues

The new deal was signed between representatives of Mineral Resources Development Company (MRDC) and a subsidiary of ExxonMobil.

MRDC Managing Director and CEO, Augustine Mano, said this signing unlocks the ability for MRDC to access ExxonMobil’s regional technical experts to help the State address recurring fuel supply issues.

“Building upon our long-standing partnership with ExxonMobil, this agreement will help us to increase the reliability of jet fuel supply in PNG,” Mano said.

PNG LNG Drives Innovation with Data

Kilawe highlighted the project's global impact, generating over 8 million tons of liquefied natural gas (LNG) annually, surpassing initial design capacity and contributing PGK 23 billion to Papua New Guinea.

Lanto emphasized the pivotal role of next-gen technologies in the project's triumph. Implementing smart tools, cloud-based technologies, and predictive maintenance has optimized operations, reducing paperwork, saving time, and ensuring efficient resource allocation.

Tera Shandro is MD for ExxonMobil PNG

Shandro currently Senior Opportunity Evaluation Advisor to the ExxonMobil CEO & Management Committee takes over from outgoing Chairman and Managing Director, Peter Larden, who will become the Senior Upstream & Low Carbon Solutions Advisor to the Exxon Mobil Corporation CEO & Management Committee in Dallas, Texas. 

Since joining ExxonMobil’s Canadian affiliate Imperial Oil in 2003, Shandro has held both global Upstream and Downstream senior roles across engineering, research, operations, business planning and finance.

Mioks hold off premiers

From the get go, favorites Wigmen never looked like they were the champion side, and had to play second fiddle to a slick Miok side for much of the fiery encounter. 

After last week's 2 points win (12-10) over Agmark Gurias in Wabag, Mioks are starting to show early signs of consistency and resilience in their game.

ExxonMobil steps up again for Hiri Moale Festival

ExxonMobil PNG Ltd, the operator of the PNG LNG Project, has stepped up again as the proud Gold sponsor of the 49th Hiri Moale Festival with K150,000. This contribution demonstrates EMPNG's respect for the four Motu Koita villages neighboring the LNG Plant site outside Port Moresby.

EMPNG's Chairman and Managing Director, Peter Larden, said the festival is a significant event for the communities of Boera, Papa, Lealea, and Porebada, as well as the people of Gulf Province whom they traded with.

Milestone Gas Agreement Executed

The signing of the gas agreement marks a major milestone for the project, setting out the fiscal framework and supporting project scoping and evaluation.

Upon completion, up to five per cent of P’nyang gas produced would also be made available to support the government’s electrification efforts in Western Province or another agreed location.