LNG

Two Australian exploration and production companies, Talon Energy and Strike Energy, have signed an agreement to supply LNG exporter Santos with natural gas for the domestic market from their Walyering gas field in the Perth Basin of Western Australia.

Australian LNG operator Santos said it made a significant discovery in the Pavo-1 exploration well, located 46 kilometres east of the existing Dorado field in the Bedout Sub-Basin offshore Western Australia and is the first find made since its takeover of Oil Search.