Santos is delighted to announce a new 10 year lease on its Adelaide offices at 60 Flinders Street, which includes an exciting new refurbishment. The Santos Centre will receive a facelift with a renovated lobby and bigger facilities for our staff who cycle to work. An internal building reconfiguration will result in two and a…
Santos and Perdaman today signed a heads of agreement for the further study and design of Perdaman’s new ammonia production facility using Narrabri natural gas. In February Santos and Perdaman signed a non-binding agreement for the supply of 14.5PJ of natural gas per annum over 20 years, subject to a final investment decision for Santos’…
Santos Managing Director and CEO Kevin Gallagher delivered an address to the Petroleum Club WA in Perth last night.
The speech is available below.
Santos today announced it has received approval for the first Environmental Management Plan (EMP) to be awarded for onshore shale gas exploration in the Northern Territory since the moratorium was lifted in early 2018. NT Environment and Natural Resources Minister Eva Lawler approved Santos’ Drilling EMP for the Tanumbirini 2H and Inacumba 1/1H wells in…
Young Indigenous students from across Australia are this week immersing themselves in the world of engineering in an interactive camp in Adelaide, as part of a partnership between Santos and the University of Adelaide. Twenty-nine students are attending the Santos Karnkanthi Indigenous Engineering School from Perth, Numbulwar, Alice Springs, Darwin, Gladstone, Melbourne, Mackay, Cairns, Roxby…
Santos today announced that the Barossa Joint Venture has entered into exclusive negotiations with the Darwin LNG Joint Venture for the supply of backfill gas. The arrangement gives the Barossa JV an exclusive commercial negotiation period to reach a processing services agreement as well as settle on a tariff in anticipation of a Final Investment…
Santos today announced the Dorado-2 appraisal well has confirmed a major oil and gas resource in the Bedout Basin, offshore Western Australia. The well was drilled down-dip approximately two kilometres from the Dorado-1 discovery and encountered 85 metres of net reservoir in the primary Caley Formation. As expected, an oil-water contact was intersected at 4,003…
Santos Managing Director and CEO Kevin Gallagher has today delivered an address to the APPEA Conference 2019 in Brisbane.
The speech is available below.
Santos today announced the launch of a battery project for Darwin LNG which will reduce power generation carbon emissions by 20 per cent, as well as cut fuel gas consumption and operating costs. The project is a world first for an LNG plant, and involves the integration of battery technology with existing power generation turbines…
Santos today announced an important milestone towards expansion of the PNG LNG plant by signing a binding letter of intent to acquire a 14.3% interest (pre-government back-in) in Petroleum Retention Licence 3 (PRL 3), which contains the P’nyang natural gas field in Papua New Guinea. The PRL 3 participants propose to undertake the development of…
Santos today announced that the Barossa project has strengthened its position as the leading candidate for Darwin LNG (DLNG) backfill with the award of the Subsea Production System (SPS) contract. Following a competitive tender, Technip Oceania Pty Ltd was the successful bidder to supply the SPS. The Engineering, Procurement and Construction (EPC) contract represents a…
Santos today announced the appointment of Christian Paech and Amanda Devonish as Company Secretaries effective 29 June 2017. The appointments coincide with David Lim’s resignation as Company Secretary.
Santos today released its 2019 AGM Meeting Addresses
Santos today announced that Guan Yu will be appointed to the Santos Board as the ENN nominated non-executive director effective 3 May 2019. Mr Guan is President and a director of ENN Ecological Holdings Co Ltd. Prior to joining ENN, Mr Guan held senior executive roles with Shell China and Schneider Electric. Mr Guan holds…
Record quarterly production First quarter production of 18.4 mmboe was a record for Santos and 33% higher than the corresponding quarter, primarily due to sustained strong asset performance and the acquisition of Quadrant Energy. Production in the quarter was impacted by cyclone activity in Western Australia and by facility outages in the Cooper Basin. Sales…
Santos today announced the successful appraisal of the Corvus field, with Corvus-2 confirming a significant gas resource in the Carnarvon Basin, offshore Western Australia. The well, located in petroleum permit WA-45-R, in which Santos has a 100 per cent interest, is approximately 90 kilometres northwest of Dampier in Commonwealth waters and reached a total depth…
Santos advises that the PNG LNG Project co-venturers have entered into a mid-term LNG sale and purchase agreement (SPA) with Unipec Singapore, a wholly-owned subsidiary of Sinopec, for the supply of LNG commencing in April 2019. The mid-term SPA with Unipec is for supply of approximately 0.45 million tonnes of liquefied natural gas (LNG) per…
Santos has today released its Notice of Annual General Meeting 2019.
The Santos AGM will be held at the William Magarey Room at Adelaide Oval, War Memorial Drive, North Adelaide on Thursday, 2 May 2019 commencing at 10:00am ACST.
Santos today released a Company Update presentation for March 2019.
Santos has affirmed its commitment to supporting small businesses by signing up to the Business Council of Australia’s Australian Supplier Payment Code. The Code commits signatory organisations to pay eligible Australian small business suppliers on-time and within 30 days of receiving a correct invoice, and to help suppliers implement new technologies and practices to speed…
Santos today announced that it has priced a US$600 million senior unsecured fixed rate bond transaction in the US$ Regulation S market. The bonds will be issued by Santos Finance Limited, a wholly owned subsidiary of Santos Limited, off the Company’s Euro Medium Term Note Programme (EMTN Programme). The bonds will be guaranteed by Santos…
In accordance with ASX Listing Rule 3.17A, Santos advises that it has received a notice from the Australasian Centre for Corporate Responsibility (ACCR) requisitioning resolutions for consideration at the Company’s Annual General Meeting to be held on 2 May 2019. The resolutions would involve: an amendment to the Constitution to provide that members can pass…
Santos and Perdaman have today announced a non-binding agreement for the supply of 14.5PJ of natural gas per annum over 20 years, subject to a final investment decision for the Narrabri Gas Project. The gas would be supplied to a proposed new ammonium nitrate plant near Narrabri to produce fertiliser for agribusiness, a key sector…
Santos has today released its 2019 Climate Change Report. See link below.
Santos reports record annual underlying profit of $727 million and record free cash flow of $1,006 million Full-year (US$m) 2018 2017 Change Product sales 3,660 3,100 18% EBITDAX1 2,160 1,428 51% Underlying profit1 727 318 129% Net profit/(loss) after tax 630 (360) nm Free cash flow1 1,006 618 63% Final dividend (UScps) 6.2 – 6.2cps…
30 / 975
Load more