Firms form joint venture to support Santos’ operations

TRANS Wonderland Ltd (TWL) Group and Pentagon Freight Services have formed a joint venture (JV) to support Santos’ Papua New Guinea operations.
The JV, known as PenTrans, is now set to deliver international freight forwarding, road transport and warehousing services to Santos after being awarded a five-year contract on the eve of the Santos and Oil Search merger.
TWL managing director Larry Andagali said partnering the international firm Pentagon was exciting.
TWL, a successful landowner-owned company together with Pentagon, who specialise in international freight forwarding, provided a comprehensive bid and took the decision to form PenTrans to manage the delivery of the scope.
“The first contract I signed with Oil Search, now Santos, was in 1998 with a local company, Gigira Development Corporation Ltd at Hides,” Andgali said.
“The last contract I signed with Oil Search was with TWL Group and Pentagon Freight Services. It has been an amazing journey and I would like to acknowledge Oil Search for this golden opportunity on behalf of the board, management and shareholders.
“This has now propelled TWL into an international company.”
Pentagon country director Rob Addis said they very excited and looked forward to implementing the new contract with Santos.
“Pentagon first signed a contract with Oil Search in 2012 and have since enjoyed considerable growth while further developing a full suite of logistics services for Oil Search (Santos) and the oil and gas sector in Papua New Guinea,” Addis added.