Oil Search listed on the ASX in 1974. It is also listed on the PNG share market and its ADRs trade on the United States over-the-counter market. Today, Oil Search operates all of PNG’s producing oil fields. It is the largest company in PNG and its biggest investor, holding a 29% share of the ExxonMobil-operated PNG LNG Project. In 2018, Oil Search acquired and now operates a portfolio of oil leases in Alaska, United States. It is currently in the process of merging with Santos Ltd, which would increase the company’s scale and geographic diversification.
ACCR engaged with Oil Search Ltd (ASX:OSH) for the Say on Climate initiative for company transparency on climate reporting and annual non-binding votes by shareholders.