Twinza's objective is to discover and develop energy projects at low cost through application of innovative ideas and best practices.
Twinza is developing the Pasca A liquids-rich gas field following successful appraisal drilling in 2018.
Twinza works to ensure value is delivered to all stakeholders in its projects.
Twinza Oil Limited is an upstream energy company with assets in Papua New Guinea, which it operates with large equity positions.
Twinza is focused on sustainably developing and commercialising its discovered and verified energy assets, nuturing them from early stage to operating status. Twinza’s executive management team has an extensive track record in the early identification, development and operation of highly prospective energy projects in oil and gas.
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. Once the necessary government approvals are received, the Pasca A development is poised to become the first offshore gas field development in Papua New Guinea. It is anticipated that development of the gas field will support further exploration and development of other fields in the Gulf of Papua.
Twinza is headquartered in Perth, Australia and has additional offices in Port Moresby and Singapore and is broadening its presence in Papua New Guinea to support its Pasca A development.
Pasca A is a liquids-rich gas field located approximately 95 km from shore in the Gulf of Papua. Twinza has submitted a development plan which envisages two phases of production: initial production of natural gas liquids (NGLs) in Phase I followed by gas export via floating LNG in Phase II.View Details
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
29th March, 2023
Twinza is pleased to announce that it has completed two new major reservoir assessments for the Pasca A field. An updated independent assessment of the Pasca A hydrocarbon resources has confirmed a total resource increase of 35%, and an independent assessment validates the potential for sequestration of up to 200 million tonnes of carbon dioxide. The studies were completed by Twinza’s technical team and independent assessments have been prepared by Gaffney, Cline & Associates.Read More
24th December, 2021
Twinza announces the appointment of Robert Gard as the new Chief Executive Officer for the company.Read More