Problems again stall production from Santos' $6.8b Barossa LNG
Santos is battling blocked heat exchangers, failed subsea valves, and faulty safety doors 285km north of Darwin so it can reap the reward of high gas prices in Asia.
Santos (ASX:STO)
Adelaide-based Santos owns the Varanus Island and Devil Creek domestic gas projects in the North West and is developing the Dorado oil field off WA and the Barossa LNG project into Darwin.
30 articles
Problems again stall production from Santos' $6.8b Barossa LNG
Santos is battling blocked heat exchangers, failed subsea valves, and faulty safety doors 285km north of Darwin so it can reap the reward of high gas prices in Asia.
Aussies hit as gas giants reap export rewards: research
Santos' $33 million of company tax in 10 years is less than one-thousandth of its Australian revenue, according to Market Forces.
Cyclone Narelle shuts 44pc of WA gas supply
Santos' Varanus Island is not producing gas. Nor are the shuttered North West Shelf and Wheatstone plants.
Santos shuts down Barossa LNG amidst global gas crunch
The troubled $6 billion flagship will be out of action "for a number of weeks," just as Santos' customers are desperate for gas to replace supply from the Middle East.
Australian oil & gas lags in disclosing $44b clean-up bill
Santos' decommissioning liability matches a quarter of its $22b value, but its disclosures to investors fared poorly against the latest accounting standards, according to an international survey.
Exploration plans spark fear of another Santos oil spill off WA
Plans by Santos, which negligently caused an oil spill off WA four years ago, to drill seven exploration wells off the Pilbara coast have drawn fire from an environmental group.
Green legal push for Santos decommissioning guarantee
A Federal Court win could mean all offshore oil and gas producers would need to prove they can afford their share of a $62 billion cleanup.
Gas is escaping at 13 spots near Santos wells offshore Varanus Island
The company is monitoring the leaks that add to its problems at the ageing facilities.
Santos to shut Bayu Undan gas project: next steps are crucial
Whether the facility can be used for carbon storage or has to be decommissioned has billion-dollar implications for Santos and its partners.
Safety regulator halts drilling at Santos' Barossa gas project
A vital blow-out preventer failed testing, leading to an "immediate threat" to offshore workers.
Woodside doubling its WA gas price in 5 years evidence of a tight market
Local industy in Australia's largest gas-exporting state is concerned gas producers are prioritising exports at their expense.
Santos pleads guilty over Varanus Island dead dolphin oil spill
A massive oil spill and allegations of a cover-up have resulted in just a $10,000 fine for the $22 billion company.