30 June 2025
30 June 2025
The non-binding indicative proposal suggests an acquisition of all issued shares of Santos at a cash price of $5.76 per share.
This settlement was disclosed in a federal court filing on 31 October 2023.
The geodata acquisition for the project is set to begin in Q3 2025.
The anticipated production from Lot 192 is up to 12,000bpd within six months of its restart.
Block 53 is situated directly east of Block 58, where TotalEnergies serves as operator with a 40% stake.
The alliance will enable clients to access a full suite of services to monitor and mitigate the environmental impact of subsea operations.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
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