Asia-Pacific Oil & Gas Development

Twinza's objective is to discover and develop petroleum resources at low cost through application of best practices.

Asia-Pacific Oil & Gas Development

Twinza's objective is to discover and develop petroleum resources at low cost through application of best practices.

Asia-Pacific Oil & Gas Development

Twinza's objective is to discover and develop petroleum resources at low cost through application of best practices.

Introducing Twinza Oil

Twinza Oil Limited is an upstream Oil and Gas company with oil and gas assets in the Asia-Pacific region, all of which it operates with large equity positions.

Twinza Oil is focused on commercialising discovered but as yet undeveloped assets, balancing this with upside from early stage opportunities. Twinza’s executive management team has a proven track record in the early identification, development and operation of highly prospective oil and gas projects. Twinza has additional offices in Perth, Port Moresby and Brisbane, and is broadening its presence in Papua New Guinea to support its Pasca A development.

Twinza’s principal asset is the Pasca A liquids-rich gas field offshore Papua New Guinea. The Pasca A field development plan has been completed, the petroleum resources certified and the programme necessary to obtain the licences for full field development is complete.

What We Do

Papua New Guinea: Pasca A

Papua New Guinea: Pasca A

The Pasca A gas-condensate field is located offshore Papua New Guinea in the Gulf of Papua. Twinza has submitted a development plan which envisages two phases of production: initial production of natural gas liquids (NGLs) followed by gas export via floating LNG.

View Details
Papua New Guinea: PPL 584

Papua New Guinea: PPL 584

PPL 584 is an exploration licence surrounding the Pasca A field. Discovery of gas from this acreage can be tied back to infrastructure developed by Pasca A as part of a larger gas aggregation hub in the Gulf of Papua.

View Details
Australia: ATP 784

Australia: ATP 784

ATP 784 is located in Queensland and has conventional Cooper Basin oil and gas plays and high potential unconventional basin-centred gas and shale oil plays. In the near term activity is focused on the acquisition and interpretation of 2D seismic to identify drilling locations.

View Details

Media Releases

4th September, 2020

Co-operation Agreement With Gulf Provincial Government

Twinza has entered into a Memorandum of Agreement (MOA) with the Gulf Provincial Government of Papua New Guinea. The agreement, that was signed by the Governor of Gulf Province, Hon. Chris Haiveta MP and Ian Munro, Chairman and CEO of Twinza Oil, establishes a co-operative relationship between the parties that can deliver material benefits to the province and the country.

Read More

14th July, 2020

Gas Agreement Discussion Commenced for the Pasca A Development

The State of Papua New Guinea has commenced negotiations with Twinza on the fiscal terms that will apply to the development of the Pasca A gas-condensate field in the Gulf of Papua. The Government is represented in the discussions by the State Negotiating Team, with members from key selected agencies. Twinza is also looking forward to addressing with the SNT important non-fiscal opportunities, including domestic market commitment, third-party access to facilities and national content. These matters are differentiated from land-based projects as the Pasca A field is planned to be the first offshore development in PNG.

Read More

18th May, 2020

PNG Government and Twinza to Commence Gas Agreement Discussions Ahead of FEED Entry for the Pasca A Development

Twinza announces that the National Executive Council has endorsed the submission for development of the Pasca A gas-condensate field in the Gulf of Papua. The Government is ready to commence negotiations on the Gas Agreement in the near term, setting out the fiscal terms to allow the Project to enter the FEED phase later this year.

Read More