Newsletter 
  INSCRIPTION Inscription | ESPACE ANNONCEURS Publicité | CONTACT Contact |PLAN DU SITE Plan


Europétrole, le portail de l'industrie du pétrole
 
 accueil | actualité française | actualité internationale | recherche | interviews | focus | actualité par entreprise | actualité pétrole/gaz de schiste 
Partager :

  • Santos completes Bayu-Undan and Darwin LNG sell-down to SK
    édité le 30/04/2021 - Plus de news de "Santos" - Voir la fiche entreprise de "Santos"


Santos completes Bayu-Undan and Darwin LNG sell-down to SK
Santos announced it had completed the sell-down of 25 per cent interests in Bayu-Undan and Darwin LNG to SK E&S, which is also a partner in Barossa.

The sell-down resulted in net funds to Santos of US$186 million at completion, being the sale price of US$390 million less the cashflows from the 25 per cent interests from the effective date of 1 October 2019 to completion.

Santos Managing Director and Chief Executive Officer Kevin Gallagher said he was delighted to formally welcome Barossa joint venture partner SK E&S as a partner in Bayu-Undan and Darwin LNG.

“The sell-down to SK E&S is in-line with our strategy of disciplined growth while maintaining a strong balance sheet by managing equity levels in our growth projects consistent with disciplined capital management,” Mr Gallagher said.

Santos and SK E&S have also signed a Memorandum of Understanding to jointly investigate opportunities for carbon-neutral LNG from Barossa, including collaboration relating to Santos’ Moomba CCS project, bilateral arrangements for carbon credits and potential future development of zero-emissions hydrogen.

Completion of the sell-down to SK E&S sees Santos’ interest in Bayu-Undan and Darwin LNG change to 43.4 per cent, and Santos remains operator of both assets. The remaining interests are held by SK E&S (25 per cent), INPEX (11.4 per cent), Eni (11 per cent), JERA (6.1 per cent) and Tokyo Gas (3.1 per cent).

Santos is also operator of the Barossa project and announced the final investment decision to proceed with the project in March 2021. First gas from Barossa to backfill Darwin LNG is expected in the first half of 2025.

Santos and JERA continue to progress the binding sale and purchase agreement for JERA to acquire a 12.5 per cent interest in Barossa.

About Santos

An Australian energy pioneer since 1954, Santos is a leading oil and gas producer, supplying Australian and Asian customers.
With over 3,000 employees across Australia and Asia, Santos’ foundations are based on safe, sustainable operations and working in partnership with host communities, governments, business partners and shareholders.

About SK E&S

SK E&S is becoming a Global Clean Energy & Solution Provider through implementation of a range of businesses, ranging from upstream interests such as overseas gas field development to downstream interests, which includes power generation, district energy, and city gas.


Origine : Communiqué Santos

Voir la fiche entreprise de "Santos"





Les dernières news de "Santos"



Toutes les news de "Santos"
 
 
 
 
Emploi-Pétrole
 
Rechercher une news



française internationale








 
Les dernières news internationales


>> Toute l'actualité internationale     >> RSS
 
Recherche de news par tags

abu-dhabi acquisition adnoc aker-bp aker-solutions algeria algerie algerie alstom amec anadarko angola apache australia axens azerbaijan baker-hughes barents-sea bechtel bg-group bp brazil canada carburant cbi cgg chevron china chiyoda cnooc cnpc co2 commission-europeenne compressor conocophillips consommation cpdp deepwater discovery drilling e-on edf egypt emerson engineering eni equinor equinor exxonmobil feed flng flowline fluor fluxys fmc foster-wheeler fpso fsru fugro gabon gas gaz gazprom gazprom-neft gdf-suez ge germany ghana gnl gtt gulf-of-mexico hess india indonesia inpex iraq italy jacobs jgc kbr keppel licence lng lukoil lundin maersk-drilling malaysia mcdermott methanier mozambique natural-gas nigeria nigeria nord-stream north-sea norway novatek offshore oman omv opec pemex petrobras petrofac petronas pgnig pipeline platform qatar qatar-petroleum qatargas raffinerie refinery repsol rig riser rosneft russia rwe saipem santos saudi-aramco schlumberger senegal shale-gas shell socar sonatrach south-stream statoil subsea subsea-7 survey tap technip technipfmc texas total transocean tullow turbine ufip uk us vallourec vopak well wintershall wood-group woodside



Europétrole © 2003 - 2021