• PNG’s Oil Search buy ‘blocked takeover’
PNG’s Oil Search buy ‘blocked takeover’
16 May, 2019, No Comment

Summary: Papua New Guinea’s deal to buy a 10 per cent stake in Oil Search in late 2014 was partly triggered to dampen the prospect of Abu Dhabi wealth fund IPIC mounting a takeover of the LNG producer, PNG’s independent integrity watchdog has claimed.....