Australia’s Oil Search Ltd has been appointed to take over the Papua New Guinea assets and upstream licences of ChevronTexaco and its joint-venture partners. Subsidiary Chevron Nuigini Ltd (CNGL) said Oil Search will take over Petroleum Development Licence 2 (Kutubu), Pipeline Licence 2, Moran Unit, Petroleum Development Licence 4 (Gobe Main), SE Gobe Unit, Pipeline…
P.NEW GUINEA: Australia’s Oil Search and Esso Highlands to take over ChevronTexaco’s assets
Posted on May 22, 2003 by EnergyAsia