TOTAL : O’Neill’s choice
Prime Minister O’Neill announced that Total will be InterOil’s partner in the exploitation of the new gas fields in the Gulf Province.
InterOil has chosen the French oil and gaz company TOTAL for the exploitation of the Elk-Antelope gas fields in the Gulf Province of Papua New Guinea.
Prime Minister peter O’Neill made the announcement at a press conference, which was followed by the formal signature of the agreement by InterOil’s chief executive Dr Michael Hession and Total Exploitation & Production Senior Vice President for Asia and the Pacific Mr Jean Marie Guillermou.
The agreement also granted Total an exclusive right to negotiate a farm-in to all its exploration licences in Papua New Guinea, Total and InterOil having also agreed to explore other business opportunities both in Papua New Guinea and elsewhere in the Asia Pacific region.
- From left to right : PM O’Neill, Minister for Petroleum and Energy, Mr Jean-Marie Guillermou (TOTAL) and Minister of Treasury