In a significant stride towards energy transition and carbon capture initiatives, Santos has successfully secured financing for its share of the US$220 million Moomba Carbon Capture and Storage (CCS) project located in South Australia. The financing, amounting to US$150 million with a tenure of five years, aims to cover the incurred project costs to date […]
Santos and its joint venture partner Beach Energy have achieved a significant milestone by securing additional carbon storage acreage, having been awarded a Gas Storage Retention Licence west southwest of Moomba. This development underlines their commitment to expanding carbon capture and storage (CCS) capabilities. Licence Awarded Under South Australian Legislation The Licence, granted under the […]
