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Norway to Continue Search for Oil, Gas, Incoming Government Says
2021-10-13 20:00:00| OGI
Norway will continue to explore for oil and gas in the next four years, with most new drilling permits to come in mature regions of its oceans, the incoming government said on Oct. 13.
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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.
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.
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.
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.