Marape flips view on Oil Search takeover

PRIME Minister James Marape appears to have done a back-flip on the proposed takeover of Oil Search by Santos, now describing it as a “positive development” following his meeting with Kevin Gallagher on October 7.

Marape flips view on Oil Search takeover Marape flips view on Oil Search takeover Marape flips view on Oil Search takeover Marape flips view on Oil Search takeover Marape flips view on Oil Search takeover

Kevin Gallagher

After initially making negative announcements about the deal, including a demand for the state to be awarded a further 10% of PNG LNG, Marape has now taken a conciliatory tone.