XRG leads consortium bidding for Australian oil and gas firm Santos
Santos intends to accept the offer
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Santos intends to accept the offer
The agreements cover both onshore and offshore blocks across the emirate
The 15-year contract will boost petrochemical production and exports, while saving over USD 50 mn in operational costs in the…
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The company plans to take final investment decisions on two further phases.
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XRG’s plan targets 20-25 mtpa in LNG capacity, as well as top-three status in chemicals via Covestro and Borouge
The company sold its 5% stake to Russia’s Lukoil
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