Botten praises Oil Search

RETIRING Oil Search managing director Peter Botten believes the company is a leader in the resource sector in promoting the importance partnerships.
Botten, who has been in the position for 25 years, was proud to have worked with so many individuals.

“I am proud to have worked with so many outstanding and committed individuals, who have not only delivered shareholder value but have contributed so much to the social and economic development of Papua New Guinea, making a real positive impact to the lives of people in that country,” he said.
“I believe Oil Search is a leader in the resources sector in promoting the importance of partnerships with governments, communities and other stakeholders to drive socially responsible development, leveraging our respective strengths and building capacity in government and communities for positive social change.”
Oil Search’s chairman Rick Lee said the board appreciated Botten’s long and dedicated service to the company over the past 26 years.
“Under his leadership, Oil Search has grown from a small exploration and production company to a regionally significant oil, gas and LNG producer and exporter,” he said.
“Peter is recognised as one of the world’s most successful corporate executives, as well as a leader in environmental, social governance and corporate social responsibility.
“Peter has decided that as Oil Search embarks on its next phase of growth, with major expansion projects in both PNG and Alaska, now is the time to transition the leadership.” The National

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