The company’s Bayu-Undan is continuing to produce with gas being delivered into the Australian domestic market until end of field life, while its sales revenue is on a high.
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Santos and its Bayu-Undan joint venture partners have signed a Memorandum of Understanding (MoU) with Timor-Leste’s national oil company TIMOR GAP to explore partnership opportunities for the proposed Bayu-Undan carbon capture and storage (CCS) project offshore Timor-Leste.
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Santos, as operator of the Bayu-Undan offshore gas production facility, has announced entry into the front-end engineering and design (FEED) phase for the proposed Bayu-Undan carbon capture and storage (CCS) project. Read More
Santos, which is now the country’s largest oil and gas producer, has reported record free cash flow and underlying earnings, as well as higher final dividend. Read More
The national petroleum regulator is assessing Santos’ Barossa Development for its plans to commence a drilling and well campaign in the second quarter of 2022. The company advised that, as part of the
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Santos has announced its half-year results for 2021, reporting record production of 47.3 million barrels of oil equivalent (mmboe) and record sales volumes of 53.8 mmboe. Managing director and chief executive
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Santos managing director and chief executive officer Kevin Gallagher said the company has delivered a strong quarter of production, sales volumes and revenues, as the business benefited from stronger demand
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Santos has completed the sell-down of 25 per cent interests in Bayu-Undan and Darwin LNG to SK E&S, which is also a partner in the Barossa project, located offshore Northern Territory. Santos managing
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Eni has reportedly called off a sale process for its Australian gas assets after failing to receive attractive bids. The Italian state-owned company’s assets include the Blacktip gas project offshore
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