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Gas conditioning plant, Papuan highlands
Papua New Guinea Santos M&A Gas
Simon Ferrie
11 November 2021
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Santos-Oil Search merger advances

Papuan court approval sees the deal pass another milestone

Shareholders at Papua New Guinea-focused Oil Search will vote on 7 December on their proposed merger with Australian independent oil and gas producer Santos, following a decision by the National Court of Papua New Guinea. The Papuan government had previously voiced concern about the merger, saying it needs to be in the country’s “national interest”. But the National Court has now approved distribution of the proposal to Oil Search shareholders and ordered the company to hold the vote. The offer “is in the best interests of Oil Search shareholders in the absence of a superior proposal”, concluded corporate financial advisor Grant Samuel & Associates, acting as an independent expert to th

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Europe’s gas security strategy may not be 2024 ready
30 November 2023
The region’s rapidly evolving infrastructure has a lot to be commended for, but some of the capacity may not be ready in time for the 2024 heating season
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Opinion
30 November 2023
Burgeoning middle class and long-term growth from a low base at odds with energy transition efforts
Letter from Pakistan: More oil and gas needed, not less
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28 November 2023
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LNG freight must navigate chokepoints and bottlenecks
28 November 2023
Rising LNG demand and supply risks are outpacing shipping logistics amid Panama and newbuild challenges

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