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News

ADNOC leads $18.7 billion proposal to buy Australia's Santos

Reuters on MSN · 2d
ADNOC leads $18.7 billion proposal to buy Australia's Santos in LNG push
Australia's second-largest gas producer Santos said on Monday it intended to support an all-cash $18.7 billion takeover bid from an international consortium led by Abu Dhabi's National Oil Company (ADNOC),
Arabian Business · 1h
Santos acquisition could make ADNOC one of world’s top four LNG producers
Bernstein analysts tell Bloomberg that ADNOC will rival American oil giants Shell and Exxon Mobil in terms of LNG production and exports
Bloomberg · 2d
Adnoc Makes $19 Billion Takeover Bid for Australia’s Santos
Abu Dhabi National Oil Co. made an $18.7 billion offer for Australian fossil fuel producer Santos Ltd., the latest move by the Middle Eastern company to expand production of liquefied natural gas.
2h
Santos deal wins L1 Capital’s nod as Abu Dhabi suitor ADNOC spruiks supply
Top Santos shareholder L1 Capital has backed the $30bn takeover mounted by Abu Dhabi’s ADNOC for the Australian energy ...
2d
Santos, Adnoc poised to announce $30b deal; JPM, Allens on ticket
It comes after Street Talk reported on Sunday that Adnoc had held preliminary talks with Santos about taking a stake in the ...

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