chemXplore tracks 2 projects in Papua New Guinea, of which 2 are active.
1 new construction and 1 expansion.
Owners and developers: ENEOS Xplora Inc. (1), ExxonMobil (1), Kumul Petroleum Holdings Limited (1), Lingbao Gold Group Company Ltd. (1), Mineral Resources Development Company Limited (1), Santos Limited (1)
Investors: Lingbao Gold Group Company Ltd. (1), St Barbara Limited (1)
Contractors, licensors, and offtakers are recorded on all 2 of them For subscribers
Targeting: Carbon dioxide (1), Gold (1), Natural gas (1)
Seven-country Deco sale yields about $1bn net; EV/FY25 EBITDA multiple 21x; closing mid‑2027 (Indonesia late‑2026).
4% annual energy growth to 2030; $10bn free cash flow uplift 2025–2030; $14–17bn/yr capex 2027–2032; dividend +5%/yr to 2030 and planned buybacks.
EPC tendering completed, capex trimmed to ~$14bn after ~$4bn savings; operatorship to move to ExxonMobil; LNG marketing JV and offtake deals secure 2.4 Mtpa and 1.5 Mtpa.
Revenue up 15% to RM152.4bn; PAT RM27.2bn; CAPEX RM41.4bn and full ownership of PRefChem expected in 2H 2026 amid West Asia conflict-driven volatility.
EUR 10m order booked; deliveries include Vertimill regrind, TankCell flotation, VPA pressure filtration and HRT thickener to enable sulphide processing and ~200,000 oz/year target.
