ExxonMobil PNG

ExxonMobil initiative to boost biodiversity

PNG boasts one of the world's most significant tropical forests, housing 5 percent of the planet's plant and animal species. Recognizing its pivotal role in global conservation and climate change mitigation, ExxonMobil PNG remains committed to preserving the country's pristine ecosystems.

New EMPNG, TotalEnergies management acknowledged

The new chairperson and Managing Director of ExxonMobil PNG Limited, Tera Shandro, was also acknowledged with the new Senior Vice President of Asia Pacific for TotalEnergies, Thomas Maurisse.

Shandro was appointed in May 2023, replacing Peter Larden, who became the senior upstream and low carbon solutions advisor to the ExxonMobil Corporation executive committee in Texas.

“There is also a change of leadership in Exxon, who are an outsized player and contributor to our economy,” said the PNG Chamber of Resources and Energy president, Anthony Smare.

‘Big 4’ firms reflect confidence in PNG

In no order of priority, Prime Minister James Marape listed them as ExxonMobil PNG, TotalEnergies, Newmont Corporation and Barrick Niugini Ltd.

“One is a big gas company; one is a big oil company. You look at the mining business, two of the biggest; Newmont is the biggest, my friend Mr (Mark) Bristow will agree that Barrick is right up there.

“Where else in the whole world do you have ‘the big four’ in one country, let alone a developing country?

Mobil Oil New Guinea bolster fuel supply

The company has recently unveiled its latest initiative with the commissioning of a third loading arm at its Port Moresby Terminal. This innovative enhancement is set to revolutionize the fuel distribution landscape in Papua New Guinea.

With the new loading arm in place, MONG's bottom loading facility is primed to increase its capacity, allowing for faster and safer truck loading of both Diesel and Petrol. This translates to shorter delivery times, which will undoubtedly benefit the company's clientele throughout the country.

LNG industry players recognized

The event, held in Port Moresby and attended by Minister for Petroleum and Energy, Kerenga Kua, recognized the contributions of women across various sectors, including government, local business, and landowner communities.

ExxonMobil sponsored the Power Play Awards Papua New Guinea, an initiative aimed at acknowledging the accomplishments of women in the country's LNG industry.

Minister Kua commended the program for promoting recognition and encouraging women professionals to excel, emphasizing their pivotal role in driving Papua New Guinea's progress.

Recognizing excellence in LNG

The event aims to recognize the accomplishments and contributions of women working in the liquefied natural gas (LNG) industry. The Power Play Awards is part of the global program created by ExxonMobil women, which brings together women from different industries to network, collaborate, and do business.

The Power Play Awards Papua New Guinea is not just another awards program, but an initiative that acknowledges the contributions of every nominee to the LNG industry in Papua New Guinea.

PNG LNG Project Delivers Record Revenues

Revenues delivered by the PNG LNG Project include PGK 7.1 billion flowing to Kumul Petroleum Holdings Limited and an estimated PGK 4.5 billion in various taxes paid to the Internal Revenue Commission.

ExxonMobil PNG Managing Director, Peter Larden, stated in a recent report that the revenues and associated benefits from the PNG LNG Project provide the PNG government the opportunity to promote sustainable, long term economic development and are extremely proud of their performance in contributing to the PNG economy. 

Park, EMPNG Builds Unique Partnership

It extends beyond a mere funding to one of genuine commitment by EMPNG to seeing the Park reach its full potential for the benefit of the community and for the preservation of PNG's amazing and diverse biodiversity.

Port Moresby Nature Park’s Chief Executive Officer, Michelle McGeorge, recently acknowledged its longest running partner ExxonMobil PNG for its support as one of its major sponsors.

P’nyang Re-engagement

Mr. Smaré said, “In light of the extremely challenging economic conditions in PNG, the P’nyang and Papua LNG projects, are projects that are desperately needed to be kick-started to kick-start the country’s stagnant economy creating jobs, bringing in foreign exchange and providing opportunities for PNG businesses, particularly SMEs in the impacted areas.”

Papa receives ExxonMobil support

EMPNG Executive Director Scott Sandlin said the construction of this important building was made possible because of the collaboration of ExxonMobil and the Gas Resources Company, Veadi Koita Association, Ward Councilors and their workers, and Laba Holdings.

EMPNG are proud to support the people of Papa and with the erection of a necessary resource centre. The ward and their community members can now host formal and social events.

Director Sandlin said these community investment projects amongst many others is solely for the people’s benefit and well-being.