UPDATE 2-Oil Search cuts costs to position for growth from 2025 – Reuters
* Half-yearly core profit plunge of 85%, worse than expected
* Targets the breakeven cost of the project in Alaska to well below $ 40 / bbl
* New LNG request window opened in 2027 (redesign with comments from the CEO)
By Sonali Paul and Pranav AK
MELBOURNE / BENGALURU, Aug. 25 (Reuters) – Oil Search Ltd aims to start producing oil in Alaska in 2025 and expand Papua New Guinea (PNG) gas…