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OSH Oil Search Limited

4.05
0.00 (0.00%)
21 Nov 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Oil Search Limited ASX:OSH Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.05 4.04 4.05 0.00 00:00:00

Total Says Papua LNG Project Agreement to Be Finalized by First Quarter

16/11/2018 8:25am

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Oil Search (ASX:OSH)
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   By Alberto Delclaux 
 

Total SA (FP.FR), Exxon Mobil Corp. (XOM) and Oil Search Ltd. (OSH.AU) have signed a memorandum of understanding with Papua New Guinea regarding the terms of a liquefied-natural-gas agreement, the French oil major said Friday.

The agreement is expected to be signed by the end of the first quarter of 2019, Total said. The project includes building two LNG trains--liquefaction units--with a capacity of 2.7 million tons per year each at the Exxon Mobil-operated LNG plant in the country.

The three partners have agreed to launch the first phase of the engineering studies, Total said.

 

Write to Alberto Delclaux at alberto.delclaux@dowjones.com

 

(END) Dow Jones Newswires

November 16, 2018 03:10 ET (08:10 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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