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Adnoc Makes $19 Billion Takeover Bid for Australia’s Santos
Abu Dhabi National Oil Co. made a $18.7 billion offer for Australian fossil fuel producer Santos Ltd., the latest move by the Middle Eastern company to expand production of liquefied natural gas.Most Read from BloombergShuttered NY College Has Alumni Fighting Over Its FutureAs Part of a $45 Billion Push,
Abu Dhabi’s Adnoc bids $19bn to take over Australia’s Santos
Adelaide-based Santos said that XRG, comprised of the Abu Dhabi National Oil Company, Abu Dhabi Development Holding Company and US private equity fund Carlyle, had tabled an indicative cash offer of US$5.76 a share — equivalent to A$8.89 — which represented a 28 per cent premium to the company’s closing share price last week.
SYDNEY] Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18 ...
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Woodside, Australian Government extend consultation period for North West Shelf LNGThe North West Shelf LNG project is located on the Burrup Peninsula in Western Australia (WA) and is the country's oldest and ...
A key piece of Northern Territory gas infrastructure could soon be owned by an overseas consortium if a proposed $36 billion corporate takeover is successful.
Australia could start imports of liquefied natural gas (LNG) from 2027, based on developments at import terminal projects along its east coast, to address potential supply shortages.
Japan’s largest power generator, JERA, has struck a series of long-term LNG deals with four US exporters in a move to ...
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