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Oil Search Limited · Port Moresby Papua New Guinea ·(Australian: OSH)

Company Description

7th Fl., Credit House Cuthbertson St.
Port Moresby
PNG
Papua New Guinea (Map)
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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Key Oil Search Limited Financials

Company TypePublic - Australian: OSH

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$938.6
Employees1,113

Oil Search Limited Executives

19 executives listed for Oil Search Limited's Port Moresby,  location.
TitleName & BioContact
ChairmanBrian HorwoodNetwork
Managing Director and Board MemberPeter BottenNetwork
CFONigel HartleyNetwork

Competition

Competitive Landscape for Oil Search Limited
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.
Top Oil Search Limited Competitors
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