![]() Oil Search is listed on the Australian (OSH) and PNG (OSH) security exchanges and its ADRs trade on the US Over the Counter market (OISHY). Our focus in Alaska is advancement of our Pikka Phase 1 project, which includes a single drill site, an oil processing facility, and other infrastructure to support production of 80,000. Oil Search also holds world class oil assets in Alaska’s prolific North Slope. Through its merger with Oil Search, Santos has acquired and assumed operatorship over a world-class portfolio of oil leases on the Alaskan North Slope, USA. The Company also hold material interests in the Elk -Antelope and P’nyang gas fields and is undertaking a range of activities to support further LNG expansion in PNG. ![]() Its 29 per cent interest in the ExxonMobil-operated PNG LNG Project has transformed Oil Search into a regionally significant oil and gas producer. Oil Search has said in the past that the Nanushuk field, situated within the Pikka unit, is one of the largest conventional onshore oil discoveries made in the United States in the past 30 years. ![]() “Our marine and process systems centers of excellence will safely deliver an integrated facility of more than 4,000 tonnes that meets the State of Alaska statutory and regional regulatory environmental requirements and is suitable for the harsh climate of the North Slope.”Įstablished in January 1929, Oil Search has grown into PNG’s largest single investor and most active explorer, operating all the country’s producing oil fields and holding an extensive appraisal and exploration portfolio. “We’re excited to provide our engineering, procurement, fabrication, transportation, and final commissioning expertise at the Oliktok site and to be part of the overall success of the Pikka development,” said James Clarke, Senior Vice President of VME Process. Utilizing latest technology including membranes for filtration, sulphate removal, deaeration, VME Process will progress the engineering prior to Oil Search Alaska’s final investment decision. The project currently in the FEED/BASIC design phase, will include a single drill site and production facility with an initial capacity of 80,000 barrels of oil per day.Īs a part of the project, VME Process will provide an ABS classified bespoke barge for the stand-alone Seawater Treatment Plant to deliver 100,000 bpd of high quality treated injection water to support the Pikka project reservoir waterflood. Phase 1 involves a single drill site and a production. ![]() VME Process of Tyler, Texas will support Oil Search Alaska on their Pikka development project on the North Slope of Alaska. Oil companies Santos and Repsol have announced they will move forward with Phase 1 of the Pikka project on Alaska’s North Slope. Oil Search has begun front-end engineering and design (FEED) stage for Phase 1 of its Pikka oil development on the North Slope of Alaska. ![]()
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