Oil Search Limited · Port Moresby Papua New Guinea · (Australian: OSH)
Company Description
Phone: +675-322-5599
Fax: +675-322-5566
Rankings
- ASX All Australian 50
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Making money in Papua New Guinea is the hope of Oil Search, which holds stakes in that country's Gobe, Kutubu, and Moran oil fields. Established in 1929, the company expanded its Papua New Guinea-based operations through a merger with oil and gas and mineral explorer Orogen Minerals . Oil Search ranks as Papua New Guinea's largest exploration and production company, with proved and probable reserves of 1 billion barrels of oil equivalent. As operator of Papua New Guinea's producing oil and gas fields, in 2007 Oil Search was responsible for generating 16% of Papua New Guinea's Gross Domestic Product and 22% of its export revenue. Abu Dhabi's International Petroleum Investment Company owns 17.6% of Oil Search. To read the full description, subscribe now.
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Oil Search Limited Reports
Key Oil Search Limited Financials
| Company Type | Public - Australian: OSH Headquarters |
| Fiscal Year-End | December |
| 2008 Employees | 1,021 |
Oil Search Limited Executives
18 executives listed for Oil Search Limited's Port Moresby Papua New Guinea location.
| Title | Name & Bio | Contact |
| Chairman | Brian Horwood | |
| Managing Director and Board Member | Peter Botten | |
| Executive General Manager, Finance and Administration | Zlatko Todorcevski |
Competition
Competitive Landscape for Oil Search Limited
Demand is driven by US consumption of gas and diesel fuel. The profitability of refineries depends on efficient operations and the best mixture of products. Although there are significant economies of scale in refinery operations, a small refinery can compete effectively with large ones if it's located in a favorable market area, or if it produces specialty products that are in high demand. The industry is highly automated: average annual revenue per worker is over $7 million. To read the full description, subscribe now.Top Oil Search Limited Competitors
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