Santos rejects Harbour, terminates discussions

After consideration of all aspects of Harbour Energy’s final proposal, the Santos independent directors and Managing Director and CEO have unanimously resolved to reject the bid.

Leigh Creek Energy has received approval of the first of three Activity Notifications (AN), meaning it can commence site construction activities.

Santos Managing Director Kevin Gallagher has told delegates at the Australian Petroleum Production and Exploration Association (APPEA) Conference that the industry should back national interest tests on new LNG projects.

The Australian Petroleum Production and Exploration Association (APPEA) Conference in Adelaide has heard what benefits that a large diameter pipeline link between the major LNG projects in the Carnarvon Basin could bring the industry.

Equus moving forward

The Equus Gas Project has moved to the next phase of development, with operator Western Gas now seeking a partner for the project.

INPEX targets startup this month

INPEX says it will begin production at its Ichthys LNG development in the Northern Territory by the end of May, according to Reuters.

Transborders Energy’s small scale FLNG project has been granted Major Project Status by the Federal Government.

The government will assess liquid fuel security, with reports Australia’s stocks are lower than standard.

Santos Chairman Keith Spence has said that Harbour Energy may have to increase its $13.5 billion takeover bid, according to the Australian.

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