Market Brief
Santos to Buy ConocoPhillips' Australian Oil & Gas Assets, an Industrial Info Market Brief
Santos has agreed to buy ConocoPhillips' Australian Oil & Gas assets for $1.39 billion, with the exception of a Queensland-based liquefied natural gas (LNG) project.
Released Tuesday, October 15, 2019
Reports related to this article:
Plant(s): View 9 related plants in PECWeb
Santos has agreed to buy ConocoPhillips' Australian Oil & Gas assets for $1.39 billion, with the exception of a Queensland-based liquefied natural gas (LNG) project. ConocoPhillips will retain its 37.5% interest in the Australia Pacific LNG project and operatorship of that project's LNG facility. ConocoPhillips will use the proceeds from the Santos transaction for general corporate purposes.
/news/article.jsp
false
Want More IIR News?
Make us a Preferred Source on Google to see more of us when you search.
Add Us On GoogleAsk Us
Have a question for our staff?
Submit a question and one of our experts will be happy to assist you.
Forecasts & Analytical Solutions
Where global project and asset data meets advanced analytics for smarter market sizing and forecasting.
Learn MoreRelated Articles
-
Santos Sees First Gas Production from Barossa Field Offshore...September 25, 2025
-
ConocoPhillips to Further Reduce Capex, Oil ProductionApril 17, 2020
-
ConocoPhillips Announces 10-Year Capex PlanNovember 21, 2019
Industrial Project Opportunity Database and Project Leads
Get access to verified capital and maintenance project leads to power your growth.
Learn MoreIndustry Intel
-
From Data to Decisions: How IIR Energy Helps Navigate Market VolatilityOn-Demand Podcast / Nov. 18, 2025
-
Navigating the Hydrogen Horizon: Trends in Blue and Green EnergyOn-Demand Podcast / Nov. 3, 2025
-
ESG Trends & Challenges in Latin AmericaOn-Demand Podcast / Nov. 3, 2025
-
2025 European Transportation & Biofuels Spending OutlookOn-Demand Podcast / Oct. 27, 2025
-
2025 Global Oil & Gas Project Spending OutlookOn-Demand Podcast / Oct. 24, 2025