Oil Search gives K185m

OIL Search has announced a grant to the Oil Search Foundation of K185 million (US$56 million) over five years – 2016 to 2020.
The grant will fund the foundation’s core operational costs and signature programmes that deliver sustainable development outcomes within the areas of health, leadership and education, plus women’s protection and empowerment.
Established in 2011, and principally supported by Oil Search, the foundation is focused on building the capacity of partners to deliver services that are most beneficial to communities and are in line with the Government’s national priorities. The foundation works in partnership with the Government, communities and both public and private organisations to help PNG achieve its own development goals. Between 2011 and 2015, Oil Search invested more than K90 million to help the foundation.