Media Releases

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

27th September, 2019

Ministerial Determination Signals Green Light for Pasca A Project

Twinza Oil announces that the Ministerial Determination for the Pasca A project has been signed by the Petroleum Minister, Mr Kerenga Kua, giving a green light for the development to proceed. The Pasca A project will be the first offshore field development in Papua New Guinea.

Read More

20th September, 2019

Invitation to Submit Expressions of Interest

Twinza Oil (PNG) Ltd invites Papua New Guinea incorporated, or owned, firms, contractors and service providers to submit their company's expression of interest with a view to providing required services for the Pasca A offshore facilities and onshore base.

Read More

15th September, 2017

Pasca A4 Rig Offloaded at Port Moresby

Twinza has offloaded the COSL Seeker jack-up drilling rig at Port Moresby. The Pasca A4 well will appraise the Pasca A gas-condensate field discovery.

Read More

11th August, 2016

Pasca A Environmental Impact Statement

Pasca A Environmental Impact Statement Executive Summary for download.

Read More

22nd July, 2015

Pasca A Petroleum Development License Application

Twinza Oil Ltd submitted an application for a Petroleum Development Licence (PDL) to the Department of Petroleum and Energy on the 30th June 2015.

Read More