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Media speculation regarding a merger with Woodside

Santos refers to media commentary regarding a potential merger of Woodside Energy Group (Woodside) and Santos. Santos confirms it has engaged in preliminary discussions with Woodside regarding a potential merger. Santos continuously reviews opportunities to create and deliver value for shareholders. Concurrently, Santos is assessing a range of alternative structural options with a view to…

Santos partners with Lake Eyre Basin Traditional Owners to care for country

Santos and its Cooper Basin joint venture partners will invest up to A$12 million over five years in partnership with Traditional Owners on a ranger program that will help them better care for their Country, create employment pathways and protect the environment. A part of the new deal, the Cooper Basin joint ventures (JV) will…

Santos and Tokyo Gas to collaborate on carbon-neutral e-methane in Australia

Santos continues to build momentum to deliver new energy solutions by partnering with Japan’s largest gas utility company, Tokyo Gas, to investigate the potential for producing carbon-neutral e-methane in Australia. E-methane is made by combining green hydrogen and CO2 obtained from carbon capture of industrial emissions or Direct Air Capture (DAC) technology. The advantage of…

Barossa Gas Project update

Santos notes the decision of the Federal Court of Australia today ruling pipelay activities can commence on an 86km section of pipeline for the Barossa Gas Export Pipeline (GEP). As per the ruling, no activity will occur south of kilometre point 86 (KP86), as outlined on the map below. The Court has set 4 December…

CEO speech to WA Energy Club

Santos Managing Director and Chief Executive Officer, Kevin Gallagher, addressed a WA Energy Club luncheon in Perth, Western Australia, on Wednesday 15 November 2023.

Santos and SK E&S to collaborate on cross-border carbon capture and storage

Santos has furthered strengthened its position as a carbon capture and storage (CCS) leader, by formalising a Memoranda of Understanding (MOU) to collaborate on carbon solutions with Korean energy company, SK E&S. The MOU provides for Santos and SK E&S to cooperate in seeking to develop a low-carbon hub at Darwin in Northern Territory after…

Santos expands carbon capture and storage acreage in Cooper Basin

Santos and joint venture partner Beach Energy have secured significant additional carbon storage acreage after being awarded a Gas Storage Retention Licence west southwest of Moomba. The Licence was awarded under the South Australian Petroleum and Geothermal Energy Act by the SA Department for Energy and Mining. Under the Licence, the joint venture is authorised…

Australian Energy Regulator proceedings for inadequate record keeping

Santos notes that the Federal Court proceedings commenced by the Australian Energy Regulator today relate solely to historical record keeping practices between 1 March 2019 and 8 June 2021. Importantly, the alleged record-keeping issues had no impact on supply or price in the east coast domestic gas market. Santos always acted and will continue to…

Santos to farm down exploration leases in Alaska

Consistent with its Alaska strategy to focus on the Pikka development, Santos today announced it will farm-down half of its working interest in 148 exploration leases (more than 270 thousand acres of State of Alaska lands) on the Alaska North Slope in an agreement with APA Alaska LLC1 and Lagniappe Alaska LLC2. The leases are…

CEO speech to SEAAOC

Santos Managing Director and CEO, Kevin Gallagher, delivered a keynote speech at the South East Asia Australia Offshore & Onshore Conference today, in Darwin NT.

Santos and JBIC sign MOU to promote energy security and decarbonisation

Santos and the Japan Bank for International Cooperation (JBIC) have signed a Memorandum of Understanding (MOU) to promote the securing of stable energy and the progression of decarbonisation goals. Santos Managing Director and Chief Executive Officer Kevin Gallagher said the MOU built on the long history of collaboration between JBIC and Santos. “Santos and JBIC…

Santos support for PNG Orchids is for all women and girls

Santos is continuing a proud legacy of supporting the national sport of Papua New Guinea and women’s empowerment through its naming rights sponsorship of the PNG Orchids, the national women’s rugby league team. The PNG Orchids through the PNG Rugby Football League (PNGRFL) Inc. received K1.8 million from Santos to back its World Cup Campaign…

Additional Cooper Basin rig to boost gas supply

Santos and its joint venture partner Beach Energy have committed to works in the Cooper Basin to boost gas supply to the domestic market. This program of works, which includes bringing a fifth drilling rig into the basin and optimising well connections, aims to deliver an additional 15 terajoules of gas per day by the…

Santos completes sale of 12.5% Barossa interest to JERA

Santos today announced completion of the sale of a 12.5 per cent interest in the Barossa project to JERA following the completion of all regulatory approvals. Cash proceeds to Santos at completion were US$327 million. The Barossa gas and condensate project to backfill Darwin LNG was 33 per cent complete at the end of March…

Vital partnership with Fresh Produce Development Agency grows

Papua New Guinea’s successful landowner catering company, PNG Mining and Petroleum Hospitality Services (PNGMPHS) has joined partnership with Santos and the Fresh Produce Development Agency (FPDA) to continue to improve livelihoods through sustainable agriculture business opportunities. The PNGMPHS will help train communities in the Moran and Kutubu areas of the Southern Highlands to learn different…

Santos continues partnership with University of Papua New Guinea Earth Sciences

Santos have donated almost 50 important petroleum geoscience books to the Division of Earth Sciences within the School of Natural and Physical Sciences at the University of Papua New Guinea, to enhance science, technology, engineering and mathematics (STEM) skills in the region. The books were presented to the Earth Sciences Division Associate Professor & Divisional…

Santos donates $250,000 for flood relief

Santos has today donated $250,000 to volunteer organisations in both Queensland and New South Wales to support the ongoing flood relief work currently underway. Santos Managing Director and CEO, Kevin Gallagher, said Santos has a long history of supporting communities where the company operates, producing natural gas safely and sustainably, providing local jobs and business…

Santos carries on with naming rights for the PNG National Football Stadium

The National Football Stadium (formerly Lloyd Robson Oval) known as the spiritual home of Papua New Guinea rugby league has been given a boost of K1.3 million with Santos now continuing the stadium naming rights sponsorship for 2022. Santos Executive Vice President and Co-Head PNG Leon Buskens said Santos is pleased to announce its partnership…

Santos and SK E&S sign MOU to develop CCS projects in Australia

Santos, SK E&S, K-CCUS Association, CO2CRC and Korea Trade Insurance Corporation have signed a Memorandum of Understanding (MOU) to support and collaborate in the development of carbon dioxide (CO2) storage facilities. Through the agreement, the organisations agreed to jointly develop carbon capture and storage (CCS) projects in Australia and the region, including Bayu-Undan in Timor…

Milestone gas agreement executed for P’nyang Project

Santos has today joined the Papua New Guinea Government and P’nyang project participants (affiliates of ExxonMobil and JX Nippon) to execute a gas agreement that provides a clear framework for P’nyang’s future development. The signing of the gas agreement marks a major milestone for the project, setting out the fiscal framework and supporting project scoping…

New 24-hour Accident and Emergency department officially open

The people of Hela Province now have access to 24-hour acute emergency care, with the new Accident and Emergency department opening at Hela Provincial Hospital today. Santos Managing Director and Chief Executive Officer, Kevin Gallagher, said partnering with communities where Santos operates ensures local people benefit from the development of natural gas resources. “In developing…

Santos Festival of Rugby to benefit local community

The community of Roma is set to benefit in more ways than one as the Santos Festival of Rugby comes to town in less than a fortnight. Santos Managing Director and Chief Executive Officer, Kevin Gallagher, said the event will not only bring the region together but deliver an injection of nearly $1 million through…

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