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Oil Search Ltd: Overview

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Oil Search Ltd (Oil Search) is an independent upstream energy company. It explores for, develops and produces oil, natural gas and natural gas liquids (NGL). The company’s majority oil and gas assets are concentrated in Papua New Guinea (PNG) and operates all the producing oil fields in the country. Oil Search holds appraisal and exploration portfolio across PNG and has interest in PNG LNG Project. The company also owns interests in major undeveloped gas fields, including the Elk-Antelope fields in PRL 15, and in P’nyang in PRL 3. It also owns oil interests in the Alaska North Slope in the US. Oil Search is headquartered in Port Moresby, Papua New Guinea.

Headquarters Papua New Guinea

Address Po Box 842, Port Moresby, 121


Telephone 675 3 225599

No of Employees 1,243

Industry Energy and Utilities

Revenue (2020) $1.1B

   

   

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Upstream

Locate nearest infrastructure with upstream projects linked to related assets across the value chain including refineries, pipelines, LNG plants, and storage sites.

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Midstream

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4

Power Plants

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Tenders & Contracts

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Products and Services

Products
Crude Oil
Natural Gas
Liquefied Natural Gas (LNG)
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2021 Others In December, the company secured approval from its shareholders for its planned merger with the Australian oil and gas company Santos.
2021 Acquisitions/Mergers/Takeovers In December, the company merged with Santos Ltd, an Australian energy company.
2021 Regulatory Approval In November, the company secured The National Court of Papua New Guinea approval to merge with Santos.
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Competitor Comparison

Key Parameters Oil Search Ltd Beach Energy Ltd Bass Oil Ltd ExxonMobil PNG Ltd Kina Petroleum Ltd
Headquarters Papua New Guinea Australia Australia Papua New Guinea Australia
City Port Moresby Adelaide Melbourne Konedobu Sydney
State/Province - South Australia Victoria - New South Wales
No. of Employees 1,243 214 8 - -
Entity Type Private Public Public Private Private
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Executives
Name Position Board Since Age
Richard Lee Chairman Executive Board 2013 -
Peter Fredricson Acting Chief Executive Officer and Chief Financial Officer Senior Management 2021 -
Bruce Dingeman Executive Vice President, President-Alaska Senior Management - -
Diego Fettweis Executive Vice President - Commercial Senior Management 2020 -
Bart Lismont Executive Vice President - PNG Development & Operations Senior Management 2020 -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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