NEWS UPATE:
On Dec. 7 some 95.1% of Oil Search shareholders voted in favor of the merger with the larger Santos. Now, the deal between the two firms only remains subject to approval from Papua New Gu.
Merger, Pikka advance - December 12, 2021 petroleumnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from petroleumnews.com Daily Mail and Mail on Sunday newspapers.
Providing coverage of Alaska and northern Canada s oil and gas industry
Oil Search endures
Kay Cashman
Petroleum News
Despite what hindsight might show to be an unwise decision, Oil Search Ltd.s board quickly accepted the resignation of its top executive Keiran Wulff, creating worries about the future of the big North Slope Pikka development and further opportunity for regional competitor and shareholder Santos to take over the company - and Pikka - at an undervalued price. However, despite badgering from concerned analysts and investors, Oil Searchs board and executive leadership team appear to be standing together in an attempt to stay on track with company-wide plans announced in November, including those for Alaska.
Nearing home stretch - February 28, 2021 petroleumnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from petroleumnews.com Daily Mail and Mail on Sunday newspapers.
Providing coverage of Alaska and northern Canada s oil and gas industry
Oil Search gets STP conditional easement
State of Alaska issues conditional easement to build a seawater treatment plant supporting the North Slope Pikka unit development
Kay Cashman
Petroleum News
On Dec. 18 the Alaska Department of Natural Resources Division of Oil and Gas approved a conditional private exclusive easement for Oil Search Alaska to build a seawater treatment plant in support of the Pikka development project on state tidelands adjacent to Oliktok Point west of the central..
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To be built off-site