Santos News

 

Santos' New Well at Van Gogh Offshore Oil Field Hits Output Record

Jul 26, 2021

Australian oil and gas company Santos has started oil production from the Van Gogh Phase 2 Infill Development, offshore W. Australia, hitting a production record.Santos had announced a Final Investment Decision (FID) on the Van Gogh Infill Development Phase 2 Project in March 2020…

Santos Sees Revenue Jump, Raises Output Forecast

Jul 22, 2021

Australia's Santos Ltd increased the lower end of its annual production outlook on Thursday and reported a 37% jump in second-quarter revenue, helped by higher prices and increased demand for natural gas.The country's second-largest independent…

Oil Search Rejects $6.5B Takeover Offer from Santos

Jul 20, 2021

Oil Search rejected an unsolicited takeover proposal from Santos Ltd that valued the Papua New Guinea-focused oil and gas producer at A$8.8 billion ($6.5 billion), the two companies said on Tuesday.Oil Search said the offer was not in the best interests of shareholders…

Santos Taps McDermott for Bayu Undan EPCI

Jul 07, 2021

Oilfield services company McDermott has won a contract to deliver subsea systems for Santos' Bayu Undan field in the Timor Sea.The contract is for a Subsea, Engineering, Procurement, Construction and Installation (EPCI) of equipment at the Bayu-Undan Infill Well Phase 3C Project…

TGS Starts 3D Survey in Brazil's Santos Basin

May 10, 2021

TGS, a Norwegian offshore seismic data provider, has begun collecting data on the Santos multi-client 3D Phase 4 survey off the coast of Brazil.The survey, which covers approximately 5,000 square kilometers and is situated in the western portion of the Santos Basin…

Santos Green Lights TechnipFMC for Barossa Subsea Scope

Apr 27, 2021

TechnipFMC said it received a notice to proceed for a subsea production system contract from Australian gas producer Santos for the Barossa field development project, located 300 kilometers north of Darwin.The contract scope covers the supply of subsea trees and associated control systems…

Santos Sanctions $3.6B Barossa Offshore Development in Australia

Mar 30, 2021

Australian oil and gas company Santos on Tuesday announced a final investment decision (FID) has been taken to proceed with the US$3.6 billion gas and condensate project, located offshore the Northern Territory, Australia.The Barossa development will comprise a BW Offshore supplied FPSO…

Santos Nabs Exploration Permit Offshore W. Australia

Dec 24, 2020

Australian oil and gas company Santos has been granted an offshore exploration license in Northern Carnarvon Basin, offshore W. Australia.The Exploration Permit WA-546-P was granted by National Offshore Petroleum Titles Administrator (NOPTA) earlier this week…

Santos in 10-Year Barossa Gas Sales Deal with Mitsubishi

Dec 07, 2020

Australia's no. 2 independent gas producer Santos Ltd said on Monday it signed a 10-year agreement to supply liquefied natural gas (LNG) from its Barossa project to a unit of Japan's Mitsubishi Corp.Santos will supply Diamond Gas International 1…

Australia's Santos Secures $750M Loan

Nov 05, 2020

Australian oil and gas company Santos has executed documentation to enter into a new US$750 million syndicated bank loan, to refinance existing debt facility established for the acquisition of ConocoPhillips’ northern Australian and Timor-Leste assets…

Australia: Santos Strikes Gas Sales Deal with Kleenheat

Nov 04, 2020

Australian oil and gas company Santos gas signed a new gas sales agreement to supply natural gas to Western Australian energy solutions provider, Kleenheat.Kleenheat is part of Wesfarmers Chemical, Energy and Fertilisers (WesCEF), a group of businesses that will also utilize the gas…

Santos Cautious on Pandemic Recovery, Hangs On to Cash

Aug 20, 2020

Australia's No. 2 independent gas producer Santos Ltd paid out a weaker than expected half-year dividend amid uncertainty over a recovery from the coronavirus pandemic, as the oil market slump halved its first-half underlying profit.Disappointed investors sent its shares down more than 5%…

Santos Awards Dorado pre-FEED SURF

Jun 30, 2020

Engineering services provider Atteris has won a contract for the subsea, umbilical, risers and flowline (SURF) pre-FEED for Santos' Dorado project field development, offshore W. Australia.The Dorado oil field is located within the Bedout Sub-basin…

Santos Offers First Bayu Undan Condensate Cargo

Jun 16, 2020

Australian oil and gas producer Santos has offered its first-ever Bayu Undan condensate cargo via a tender for loading in August, two sources with knowledge of the matter said.The 650,000-barrel cargo is scheduled to load on Aug. 8-12. The tender will close on June 17 with bids valid until June 18…

Santos, Gold Fields Pen 3-Year Gas Supply Deal

Jun 16, 2020

Australia's oil and gas company Santos has entered into a new gas supply agreement with Gold Fields Limited for its three gold mines in Western Australia.Santos will supply nearly 5.5 petajoules of natural gas from its Varanus Island gas plant over three years…

Current News

Oil and Gas to Wind Cross-Skill Pilot Delivers First Batch of Qualified Technicians

Oil and Gas to Wind Cross-Skil

Iberdrola Names New CEO

Iberdrola Names New CEO

Aker BP Installs New Jacket at Valhall Field in Southern North Sea (Video)

Aker BP Installs New Jacket at

All Inter-Array Cables Installed at 488 MW French Offshore Wind Farm

All Inter-Array Cables Install

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine