Oil Search Ltd is an Australian energy company that has been operating for over 90 years. The company has a strong focus on sustainability and has been investing in renewable energy projects in recent years. Oil Search Ltd has a diversified portfolio of assets that include oil and gas exploration, development, and production, as well as renewable energy projects in the biomass and waste sectors.

Biomass is a renewable energy source that is derived from organic matter such as wood, crops, and agricultural waste. Biomass is a carbon-neutral energy source as the carbon dioxide released during combustion is offset by the carbon dioxide absorbed during the growth of the organic matter. Oil Search Ltd has been investing in biomass projects in Papua New Guinea (PNG) where it has a significant presence.

Oil Search Ltd's biomass projects in PNG are focused on the production of wood chips for export to Japan and other Asian countries. The company has established a joint venture with a local landowner company to develop a large-scale plantation of fast-growing eucalyptus trees. The plantation is located in the Markham Valley in Morobe Province and covers an area of approximately 16,000 hectares. The plantation is expected to produce up to 1.5 million tonnes of wood chips per year, which will be exported to Japan and other Asian countries for use as a fuel in power plants.

Oil Search Ltd's biomass projects in PNG have several benefits. Firstly, they provide a sustainable source of income for local landowners who are involved in the joint venture. Secondly, they promote sustainable forest management practices as the plantation is managed in a way that ensures the long-term health of the forest. Finally, they provide a renewable source of energy that reduces the reliance on fossil fuels and helps to reduce greenhouse gas emissions.

Waste is another renewable energy source that Oil Search Ltd has been investing in. Waste-to-energy is the process of converting waste into energy through various technologies such as incineration, gasification, and anaerobic digestion. Waste-to-energy projects have several benefits, including reducing the amount of waste sent to landfill, reducing greenhouse gas emissions, and producing renewable energy.

Oil Search Ltd has been investing in waste-to-energy projects in PNG where there is a significant amount of waste generated, particularly in urban areas. The company has established a joint venture with a local waste management company to develop a waste-to-energy plant in Port Moresby. The plant will use incineration technology to convert municipal solid waste into electricity. The plant is expected to have a capacity of 10 megawatts and will generate enough electricity to power approximately 20,000 homes.

Oil Search Ltd's waste-to-energy project in PNG has several benefits. Firstly, it provides a sustainable solution to the growing problem of waste management in urban areas. Secondly, it reduces greenhouse gas emissions by avoiding the methane emissions that would have been generated if the waste had been sent to landfill. Finally, it provides a renewable source of energy that reduces the reliance on fossil fuels.

In addition to its biomass and waste projects, Oil Search Ltd has also been investing in other renewable energy projects such as solar and hydro. The company has a solar power project in PNG that provides electricity to a remote village in the Southern Highlands Province. The project consists of a 50-kilowatt solar array that is connected to a battery storage system. The system provides reliable and affordable electricity to the village, which was previously reliant on diesel generators.

Oil Search Ltd also has a hydroelectric power project in PNG that is currently under development. The project is located in the Ramu Valley in Madang Province and will have a capacity of 5 megawatts. The project will provide clean and renewable energy to the local community and will help to reduce the reliance on fossil fuels.

In conclusion, Oil Search Ltd is an Australian energy company that has been investing in renewable energy projects in the biomass and waste sectors. The company's biomass projects in PNG focus on the production of wood chips for export to Japan and other Asian countries. The projects provide a sustainable source of income for local landowners, promote sustainable forest management practices, and provide a renewable source of energy. The company's waste-to-energy project in PNG provides a sustainable solution to the growing problem of waste management in urban areas, reduces greenhouse gas emissions, and provides a renewable source of energy. Oil Search Ltd's other renewable energy projects, such as solar and hydro, also provide clean and renewable energy to local communities. Overall, Oil Search Ltd's investments in renewable energy demonstrate its commitment to sustainability and its role in mitigating climate change.