Santos


All posts for Santos

Santos: Barossa Project Awards FEED Contracts

Santos today announced further progress on the front end engineering and design (FEED) phase of the Barossa offshore project with the award of three major engineering contracts. Santos Managing Director and Chief Executive Officer, Mr Kevin Gallagher said “These contracts reaffirm Barossa's positi ...

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Posted 9 hours agoPress > SantosFEEDContract +3

Santos GLNG Announces Final Investment Decision on A$400 Million Arcadia Project

Santos and our GLNG Partners will invest more than A$400 million in the 137-well Arcadia gas project in the Bowen Basin in Queensland's Central Highlands region. The A$400 million Arcadia investment is in addition to the A$900 million we are investing in upstream developments in the Maranoa, Weste ...

OilVoice Press - OilVoice


Posted 18 days agoPress > SantosGLNGArcadia +8

Santos: PNG LNG Resumes Normal Production

Santos has been advised by ExxonMobil, the PNG LNG operator, that LNG train 2 has safely restarted and the plant is operating at normal production rates. Exports of LNG have also resumed. Production has been gradually increasing since the Hides gas conditioning plant and one train at the PNG LN ...

OilVoice Press - OilVoice


Posted 1 month agoPress > SantosLNGLiquified Natural Gas +6

Santos Delivers Scotia Project Ahead of Schedule and Under Budget, Sells Non-Core Denison Assets

26 April 2018 Santos has successfully completed commissioning and start-up of the Scotia CF1 project in Queensland, ahead of schedule and under budget with initial full field production exceeding 40 TJ/day, in line with expectations. The project, situated in the Bowen Basin, 340km northwest of ...

OilVoice Press - OilVoice


Posted 1 month agoPress > SantosScotia ProjectQueensland +7

Barossa Enters FEED Providing Pathway to More Than Double Santos’ Northern Australia Production

Santos today announced that agreement has been reached with our joint venture partners to enter the front-end engineering and design (FEED) phase for the development of the Barossa project to backfill Darwin LNG (DLNG). Santos Managing Director and Chief Executive Officer, Mr Kevin Gallagher, said ...

OilVoice Press - OilVoice


Posted 1 month agoPress > SantosDLNGAustralia +7

Santos: First Quarter Activities Report

Key Highlights Strong free cash flow generation Santos is now reaping the benefits of its new low cost, high efficiency operating model, with forecast free cash flow breakeven remaining at ~$36/bbl1 in 2018 and free cash flow generation strong. During the quarter, Santos generated $246 mill ...

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Posted 1 month agoPress > SantosActivities ReportHarbour Energy +1

Santos: PNG LNG Restarts LNG Production Ahead of Schedule

Santos has been advised by ExxonMobil, the PNG LNG operator, that production of liquefied natural gas (LNG) has safely resumed following a temporary shutdown of operations after the severe earthquake in the region on 26 February. LNG exports are expected to resume soon. Santos Managing Director an ...

OilVoice Press - OilVoice


Posted 2 months agoPress > LNGLiquified Natural GasPNG +5

Santos Expands Acreage Position Around Arcadia

The Queensland Government today announced that Santos, along with our GLNG JV partners and APLNG, are the successful bidders for the 86km² PRL2016/17-1A block, located directly west of our Arcadia gas field in the Bowen Basin. EVP Exploration and New Ventures, Bill Ovenden, welcomed the announceme ...

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Posted 2 months agoPress > SantosQueenslandAustralia +8

Santos: Receipt of Unsolicited, Non-Binding, Indicative and Conditional Proposal from Harbour Energy and Granting of Due Diligence

Santos advises that on 29 March 2018 it received an unsolicited, non-binding, indicative and conditional proposal (“Harbour Proposal”) from a special purpose entity of Harbour Energy Ltd (“Harbour”) for it to acquire 100 per cent of Santos shares by way of a scheme of arrangement.  The indicative ...

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Posted 2 months agoPress > SantosHarbour EnergyDue Diligence +1

ExxonMobil Wins Eight Deepwater Blocks in Latest Brazil Bid Round

ExxonMobil now one of Brazil's largest acreage holders among international companies Adds more than 640,000 net acres to ExxonMobil's deepwater portfolio offshore Brazil Seismic data acquisition planned in 2018 for operated blocks announced in 2017 IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil ...

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Posted 2 months agoPress > BrazilExxon MobilExxon Mobil Corporation +6

Santos: PNG LNG Update

Santos has been advised by the PNG LNG operator that following the earthquakes in the Southern Highlands and Hela Provinces during the week of 26 February 2018, preliminary assessments of damage to PNG LNG facilities indicate it may take approximately eight weeks to complete repairs and restore pro ...

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Posted 3 months agoPress > PNGLNGliquid natural gas +3

Santos 2017 Full-Year Results

New strategy delivers 433% increase in underlying profit to US$336 million Full-year (US$ million)    2017       2016        Change Product sales                      3,107      2,594           +20% EBITDAX(1)                            1,428      1,199           +19% Underlying profit(1)      ...

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Posted 3 months agoPress > SantosResultsEarnings +1

Santos Strikes ~$100 Million Domestic Gas Deal With New Century Resources

Santos, the lowest cost onshore gas operator in Australia, today entered into a long-term agreement to supply natural gas to New Century Resources Limited, supporting jobs, investment and regional communities in northwest Queensland. Under the gas supply agreement, Santos will provide over the nex ...

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Posted 4 months agoPress > SantosgasNew Century Resources +2

Santos Fourth Quarter Activities Report

2017 Key highlights Balance sheet strengthened Net debt reduced to US$2.7 billion at the end of the year, down from US$3.5 billion at the end of 2016 Euro Hybrid redeemed and replaced with more efficient long-term debt funding US$600 million of 2019 ECA supported loan facility prepaid Cos ...

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Posted 4 months agoPress > ReportSantos

Santos Strengthens PNG Growth Position With Farm-In to Aure Fold Belt (PPL 339)

Santostoday announced it will acquire a 20 per cent equity in the PPL 339 licence in Papua New Guinea via a farm-in agreement with Kina Petroleum Limited. The license is located within the Aure Fold Belt, southeast of the Elk/Antelope fields in an area with active natural seeps and represents Sant ...

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Posted 6 months agoPress > SantosFarm-InKina Petroleum +1