LNG

Australian LNG plant operator Santos and Australian-listed energy company Oil Search have jointly announced the completion of the takeover of Oil Search by Santos in a deal worth A$8.40 billion (US$6.25 billion) to create a key Asia-Pacific LNG and energy player.

Energy World Corp., the Australian-listed power project developer in southeast Asia, has managed to get its liquefied natural gas and power venture on the South Sulawesi coast of eastern Indonesia back on track after a ruling from regulators.