Barossa News

Dorado Oil and Gas Projects Stalls as Santos Delays FID

Jan 21, 2025

Santos has effectively stalled plans for a Western Australian oil and gas project worth over A$3 billion ($1.87 billion), sending minority partner Carnarvon Energy's, shares tumbling on Tuesday.Carnarvon's shares closed about 23% lower, ending…

Flare Gas Recovery Meets the Future

Dec 26, 2024

Flare gas recovery lies at the heart of a range of integrated, new emissions abatement technologies.The World Bank’s 2015 launch of the Zero Flaring by 2030 initiative saw flare gas recovery become a standard part of many topside production processing systems…

Santos Optimistic About 2024 Output

Oct 16, 2024

Australia's second-largest oil and gas producer Santos estimated its full-year production to be at the top half of its forecast range on Thursday, and said its Pikka project could start oil production as early as 2025.The company expects to…

Santos Secures $800M Loan for Darwin LNG Life Extension Ops

Oct 14, 2024

Australian oil and gas major Santos has secured an $800 million loan to finance the life extension works on of the Darwin LNG project in Australia.Darwin LNG has processed LNG for sale into overseas markets since it was commissioned in 2006…

Santos Inks Mid-Term LNG Supply Deal with TotalEnergies

Oct 02, 2024

Australian gas supplier Santos has signed a mid-term LNG supply contract with TotalEnergies’s Singapore subsidiary, TotalEnergies Gas & Power Asia.The contract is to supply 20 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per year over a period of 3 years plus one quarter…

Santos Pens Mid-Term LNG Supply Deal

Sep 05, 2024

Australian oil and gas major Santos has signed a mid-term LNG supply contract with Glencore Singapore.The contract is to supply 19 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per annum over a period of three years plus one quarter…

Santos Indicates Growth Projects are Progressing Well Despite Q2 Revenue Dip

Jul 17, 2024

Santos said on Thursday growth projects were making good progress, with flagship Barossa natural gas development now 77% complete as Australia's second-largest fossil fuel producer makes attempts to speed up its ambitious forward strategy.Barossa…

Allseas Makes Progress on Santos’ Barossa Gas Export Pipeline in Australia

Apr 16, 2024

Offshore installation contractor Allseas has made progress on the installation of the pipeline for Santos’ Barossa Gas Export Pipeline (GEP) project offshore Australia.Allseas’ Audacia pipelay vessel has installed her largest ever PLET in S-mode…

Esgian Week 29 Report: New Drilling Plans in Guyana and Norway

Jul 21, 2024

Esgian provides an update on new drilling plans in Guyana and Norway in its Week 29 Rig Analytics Market Roundup.Report SummaryContractsADES has secured a 10-year contract extension for 250-ft jackup Admarine 657 offshore Saudi Arabia, commencing…

Aramco, ADNOC Reportedly Weighing Bids for Australia's Santos, but Analysts Skeptical

Jul 04, 2024

Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg News reported, sending shares of the Australian gas producer up 6.5% on Thursday.Both Saudi Aramco and ADNOC have been conducting…

Oil and Gas Firm Santos Taps Japan's Hokkaido Gas for LNG Supply

May 28, 2024

Santos will supply up to about 400,000 tonnes of liquefied natural gas every year for a decade starting 2027 to Japanese energy firm Hokkaido Gas, Australia's second biggest independent oil and gas producer said on Tuesday.The firms will work…

BW Opal FPSO Starts Taking Final Shape Ahead of Barossa Assignment

Feb 09, 2024

FPSO leasing company BW Offshore has made progress on the topside module integration for the newbuild floating production storage and offloading (FPSO) unit BW Opal, that will be deployed at Santos' Barossa gas project, offshore Australia.The…

Australian Court Lets Santos Build Barossa Pipeline

Jan 14, 2024

Australia's Santos can proceed with construction of an undersea pipeline vital to its $4.3 billion Barossa gas project after a court on Monday ruled in favor of the oil and gas firm in a dispute with an Indigenous man looking to pause the work…

Finder Energy Granted License Extension Offshore Western Australia

Feb 20, 2024

Australian oil and gas company Finder Energy has secured a license extension for its WA-547-P development, located in the prolific Dorado play trend in the Northern Carnarvon Basin offshore Western Australia.Finder Energy has been granted a…

Santos Receives Drilling Approval for $4.3 Billion Barossa Gas Project

Dec 18, 2023

Australian oil and gas major Santos said on Monday it had received approval for a revised drilling plan at its $4.3 billion Barossa gas project, although the fate of a pipeline to take gas to shore remains locked in a legal dispute.Santos was…

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