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Santos, Oil Search Agree to Merge Despite Scrutiny

2021-09-10 19:20:00| OGI

Santos said the merger with Oil Search would better align stakeholdings in PNGs biggest gas projectsPNG LNG and Papua LNGthat would further support investment and deliver new jobs.

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Santos Sees Oil Search Buy Helping Speed Up Pivot to Clean Fuels

2021-08-17 15:26:35| OGI

The companies agreed an all-scrip deal earlier this month to combine Santos' oil and gas assets in Australia with those of Oil Search in Papua New Guinea and Alaska. 

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Oil Search, Santos Close to Deal to Create Top 20 Global Oil Firm

2021-08-02 15:17:45| OGI

Oil Search said on Aug. 2 it intended to recommend an improved buyout offer from Santos Ltd., worth AU$8.4 billion (US$6.2 billion), in a deal that would create a top-20 global oil and gas company.

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Oil Search Rebuffs $6.5 Billion Takeover Bid from Santos

2021-07-20 11:10:00| OGI

A takeover of Oil Search would give Santos a bigger stake in the Exxon Mobil-led LNG project in Papua New Guinea plus operatorship of the Pikka oil project in Alaska.

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Santos Launches Design Work for $2 Billion First Phase of Dorado Project

2021-06-29 15:16:20| OGI

Australian gas producer Santos kicked off the FEED process for its Dorado oil project on June 29, and said the first phase of the project will cost about $2 billion.

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