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Port Moresby
November 16, 2019
Business Featured News

Transition into Retirement: Peter Botten to Step Down from Oil Search

After 25 years at the helm of Oil Search Limited (OSL), Peter Botten has begun his transition into retirement. This will see him stepping down from the Board of Oil Search next February, and end his association with the company in August 2020.

In an exclusive interview with National EMTV News, Botten reflected on his time at the helm of Oil Search, adding that the future remains bright for Oil Search and Papua New Guinea – a country he has come to love over his time with OSL.

Whilst his achievements in building up Oil Search to be an industry leader in the Oil and Gas space cannot be denied, Botten says what is most rewarding has been the impact of initiatives he has been a part of in improving the lives of Papua New Guineans – more so for people around Oil Search’s projects sites who benefit from the programs run by Oil Search Foundation. This in addition to his efforts as Chairman of Hela Provincial Health Authority.

After announcing that he would step down from his role as Managing Director of Oil Search Limited, Peter Botten spoke to EMTV News on his time at the Oil and Gas company. From the outset acknowledging the people who stood by him to ensure the success of Oil Search, from a 200 Million Dollar company, to a now over Eleven Billion Dollar company trading on the Australian and PNG stock exchanges.

According to Mr Botten, one thing has stood out – relationships built with people across Papua New Guinea.

By Meriba Tulo – EMTV News, Port Moresby

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