Santos and Oil Search delay deal on US$6Bln takeover as due diligence is extended to September 13

Monday, 06 September 2021

Australian LNG plant operator Santos and Australian-listed energy company Oil Search, which has Papua New Guinea LNG and oil stakes and Alaskan oil assets, have extended their period of mutual due diligence regarding the proposed takeover of Oil Search by Santos in a deal worth A$8.40 billion (US$6.25 billion) to create a front-rank global energy company.


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Last modified on Tuesday, 07 September 2021 06:11
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