Kevin Gallagher CEO Santos

LNG prices see surge in Santos profits

Santos achieved high production levels for the last quarter, resulting in record sales revenue and free cash flow, with each up 6 and 33 per cent respectively. Gas production was higher in Bayu-Undan due
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FFI in PNG

Oil Search PNG LNG redetermination

Oil Search has reached a commercial agreement with its joint venture (JV) partners in the PNG LNG project regarding the determination
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Santos Oil Search

Santos, Oil Search confirm merge

Santos and Oil Search have confirmed that they have entered into a merger implementation deed, which will see the two companies become one entity. This follow both companies successfully completing
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PNG LNG

P’nyang agreement back on the cards for Oil Search

Oil Search’s portfolio of high-quality assets in Papua New Guinea (PNG) continued to drive strong performance in the first half of 2021, with its operated assets, oil production increased slightly from
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Santos cooper basin

Santos hits half-year production record

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 Oil Search

Santos, Oil Search agree on merger deal

Santos and Oil Search have agreed on a merger ratio, with the companies a step closer to having a diversified portfolio of high-quality, low-cost assets across Australia, Timor-Leste, Papua New Guinea
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Oil Search remains strong despite COVID-19 impacts

Oil Search acting chief executive officer Peter Fredricson said the company has delivered strong production in the last quarter, supported by the safe completion of the major planned maintenance campaign
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