The Papua New Guinea company, Oil Search, says its massive drilling activities in the Gulf of Papua are attracting strong interest from major energy companies seeking to be a part of the project.
Oil Search will spend more than 2 point 2 billion US dollars this year on the largest drilling program in its history - the PNG liquefied natural gas development.
The company has announced a profit for 2011 of 201 million US dollars, up nine per cent on 2010.