Browsing Tag
Santos Limited
27 posts
Santos (ASX: STO) pays US$189m to lift Papua LNG stake as FID nears
Santos is acquiring another 3.3% of Papua LNG from TotalEnergies for approximately US$189 million, increasing its stake to 21% as a redesigned US$14 billion project moves closer to a long-awaited final investment decision.
Synertec (ASX: SOP) wins A$45.5m government contract as shares jump 20%
Synertec Corporation Limited has secured an eight-year A$45.5 million engineering contract with an Australian Government agency, with most work expected in the first 26 months and management now assessing whether FY27 revenue guidance needs to change.
Comet Ridge (ASX: COI) takes 100% of Mahalo as Santos exit clears path to FID
Comet Ridge has completed the purchase of Santos’ 42.86% Mahalo stake, giving it full ownership and operatorship of a gas portfolio containing 361 PJ of 2P reserves, but also full responsibility for taking the development toward FID.
Santos keeps 99-105mmboe guidance as two megaprojects enter cash-generation phase
Santos reported lower first-half profit and subdued free cash flow, but Barossa and Pikka are now ramping simultaneously, setting up a 20%-30% production increase in the second half of 2026.
Santos (ASX: STO) loads first Barossa condensate cargo as Q2 delivery narrows the case for H2 cash flow
Santos loaded the first Barossa condensate cargo on 24 July, but the second-half cash flow inflection still hinges on Pikka plateau and the interim dividend.
Santos (ASX: STO) warns Australia’s 20% gas reservation rule could undermine GLNG economics
Santos says Australia’s 20% gas reservation rule could squeeze GLNG, distort east coast supply and weaken investment before shortages emerge around 2030.
Could Transocean’s latest rig awards become a much larger offshore drilling opportunity?
Transocean adds $185 million to drilling backlog in Norway and Australia. Find out how the awards affect utilisation, cash flow and RIG stock sentiment now.
APA Corporation (Nasdaq: APA) stock faces Alaska test as Savant deal strengthens North Slope control
Read how APA Corporation’s Savant Alaska deal could reshape North Slope drilling, infrastructure control, costs and APA stock sentiment in 2026.
Red Sky Energy starts Innamincka site works as $ROG drilling catalyst moves closer
Red Sky Energy has started Innamincka site works before July drilling. Find out what the Santos-led campaign means for $ROG.
Santos (ASX:STO) advances Agogo gas tie-in as Papua New Guinea LNG strategy shifts toward brownfield growth
Santos needs low-risk growth after deal noise. Agogo may show whether PNG LNG brownfield gas can still move the needle for investors.