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Showing posts with the label Exxon Mobil

NORTON ROSS FULL BRIGHT POM OPENING SHOULD BE WELCOMED?

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by PHILIP TEE

Should we all join the Minister for Justice, Hon Ano Pala to welcome the establishment of an office in Port Moresby by the global legal firm, Norton Ross Fulbright?. The Minister in charge of Justice matters in the country did so.

The firm which was founded in 1794 has about 58 branches around the world and PNG will now be added to the franchise. The firm’s turnover for 2014 alone was around US$ 1.815 billion.

It is believed the firm’s Sydney Office had been very instrumental in opening the Port Moresby Office. Whilst the firm’s long standing reputation as a global franchise in the legal industry is unmatchable, the firms Sydney Office has a special connection with PNG, especially the Peter O’Neill Government.

There is a Sydney Partner of the firm called Anthony Latimer who has a very special relationship with two known fraudsters, namely Jimmy Maladina and Peter O’Neill. He had been facilitating a number of “legal work” for Jimmy and O’Neill for a number of years. Mr La…

PNG would welcome more US investment

ABC NEWS
Papua New Guinea would welcome more investment from the US as the superpower continues its battle for supremacy with China, according to Bougainville president John Momis.
US secretary of state Hillary Clinton has issued a warning that PNG is one part of the Pacific where the US is engaged in a strategic competition with China over resources and leadership.
Ms Clinton was blunt about US strategic intentions when she went before the foreign relations committee last week.
She says China is "wining and dining" politicians from across the Pacific.
"Let's put aside the moral, humanitarian, do-good side of what we believe in and let's just talk straight, real politique," she said.
"We are in a competition with China. Take Papua New Guinea - huge energy find.
"Exxon Mobil is producing it. China is in there every day in every way trying to figure out how it's going to come in behind us, come in under us. They're supporting the dictatorial regim…

PNG would welcome more US investment

ABC NEWS
Papua New Guinea would welcome more investment from the US as the superpower continues its battle for supremacy with China, according to Bougainville president John Momis.
US secretary of state Hillary Clinton has issued a warning that PNG is one part of the Pacific where the US is engaged in a strategic competition with China over resources and leadership.
Ms Clinton was blunt about US strategic intentions when she went before the foreign relations committee last week.
She says China is "wining and dining" politicians from across the Pacific.
"Let's put aside the moral, humanitarian, do-good side of what we believe in and let's just talk straight, real politique," she said.
"We are in a competition with China. Take Papua New Guinea - huge energy find.
"Exxon Mobil is producing it. China is in there every day in every way trying to figure out how it's going to come in behind us, come in under us. They're supporting the dictatorial regim…

LNG WORKERS STILL A PROBLEM

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OP/ED

THE PNG gas agreement was signed between the state and ExxonMobil in May 2008. At that point, it was almost certain that a liquefied natural gas (LNG) project would become a reality, at least in so far as the government was concerned.
Along the way, several other agreements were negotiated and signed, including the two benefits sharing agreements, finalisation of markets, the environmental impact study, front end engineering and design, execution planning, project financing, gas marketing and all the regulatory and permitting work including community and landowner consultation and financial closure.
Despite all that, two years on and PNG is still struggling to get sub-contractors organised for the project and is critically short on manpower.
Already, there is talk about recruiting welders from neighbouring Fiji and even heavy equipment operators from overseas.
This would indicate to us that the government was so concerned with getting the project off the ground that it neglected its …

LNG WORKERS STILL A PROBLEM

Image
OP/ED

THE PNG gas agreement was signed between the state and ExxonMobil in May 2008. At that point, it was almost certain that a liquefied natural gas (LNG) project would become a reality, at least in so far as the government was concerned.
Along the way, several other agreements were negotiated and signed, including the two benefits sharing agreements, finalisation of markets, the environmental impact study, front end engineering and design, execution planning, project financing, gas marketing and all the regulatory and permitting work including community and landowner consultation and financial closure.
Despite all that, two years on and PNG is still struggling to get sub-contractors organised for the project and is critically short on manpower.
Already, there is talk about recruiting welders from neighbouring Fiji and even heavy equipment operators from overseas.
This would indicate to us that the government was so concerned with getting the project off the ground that it neglected its …

Rush for resources

ALJazeera

Papua New Guinea is cashing in on its wealth of natural resources. Last December, Sir Michael Somare, the country's prime minister, signed a $16bn deal to pipe liquid natural gas to Asia, promising to double the nation's GDP. But despite these economic windfalls, wealth and life expectancy are on the decline. Frustrated locals are up in arms, saying they no longer trust the government or developers to deliver on promises. On this edition of 101 East we ask, how much of Papua New Guinea's wealth of natural resources is reaching its people?

Rush for resources

ALJazeera

Papua New Guinea is cashing in on its wealth of natural resources. Last December, Sir Michael Somare, the country's prime minister, signed a $16bn deal to pipe liquid natural gas to Asia, promising to double the nation's GDP. But despite these economic windfalls, wealth and life expectancy are on the decline. Frustrated locals are up in arms, saying they no longer trust the government or developers to deliver on promises. On this edition of 101 East we ask, how much of Papua New Guinea's wealth of natural resources is reaching its people?