Our Capability

PNGLNG Project Participants

Participating interests are affiliates of ExxonMobil (including ExxonMobil PNG Ltd as operator, 33.2 percent), Oil Search Ltd (29.0 percent), National Petroleum Company Papua New Guinea (16.6 percent), Santos Ltd (13.5 percent), JX Nippon Oil and Gas Exploration (4.7 percent), Mineral Resources Development Company Ltd (PNG Landowners, 2.8 percent) and Petromin PNG Holdings Ltd (0.2 percent).

ExxonMobil PNG Ltd as operator

0 %

Oil Search Ltd

0 %

National Petroleum Company Papua New Guinea

0 %

Santos Ltd

0 %

JX Nippon Oil and Gas Exploration

0 %

Mineral Resources Development Company

0 %

Petromin PNG Holdings Ltd

0 %

ABout us

April 2008

Introduced

Hides Gas Development Company Limited (HGDC) was established

Hides Gas Development Company Limited (HGDC) was established in April 2008 under the Companies’ Act 1997 to become the umbrella landowner company for the upstream section of the PNG LNG Project.

Hides Gas Development Company Limited (HGDC) was established in April 2008 under the Companies’ Act 1997 to become the umbrella landowner company for the upstream section of the PNG LNG Project. The company is recognised by PNG LNG Project operator ExxonMobil PNG Limited as legitimate umbrella landowner company representing 15 regional landowner companies from Hides Petroleum Development Licence (PDL) 1 & 7, Angore PDL 8, Juha PDL 9, Komo Airfield Development, Kobalu Camp and Benaria Pipeline. HGDC has a fully represented Board comprising 18 Directors appointed by the shareholders of their regional landowner companies.