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Eni and Santos Sign Memo to Strengthen Ties


Santos and Eni have signed a non-binding MOU to seek more collaboration opportunities in northern Australia and Timor-Leste.
Santos (ASX: STO) and Eni (NYSE: E) reported Monday that they have signed a memorandum of understanding (MOU) to cooperate on opportunities in northern Australia and Timor-Leste.
The non-binding MOU reflects both companies’ intent to collaborate – along with other parties in the region – to use existing infrastructure more efficiently, develop regional gas resources, and create new low-carbon business opportunities for northern Australia and Timor-Leste, Santos noted in a written statement emailed to Rigzone.
The companies already partner in the Santos-operated Bayu-Undan gas and condensate field and in the associated Darwin LNG plant and connecting gas pipeline, Eni stated separately. In addition, Eni pointed out that it operates the Evans Shoal and Blacktip gas fields and Santos operates the Caldita Barossa and Tern gas fields. Moreover, ....

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- Santos and Eni sign MOU to collaborate...


Santos and Eni sign MOU to collaborate in northern Australia and Timor-Leste
édité le 03/05/2021 - Plus de news de Santos - Voir la fiche entreprise de Santos
Santos and Eni have signed a Memorandum of Understanding (MOU) to cooperate on opportunities in northern Australia and Timor-Leste.
The areas of cooperation include assessing the synergies of sharing possible infrastructures associated with gas field developments around Barossa and Evans Shoal, pipeline to Darwin and onshore associated gas processing leading to LNG expansion developments.
This also includes investigating options to re-purpose the Bayu-Undan facilities to extend the life of the project, including a carbon capture and storage project, subject to the agreement of the Timor-Leste government. ....

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Eni S p A : and Santos sign a memorandum of understanding on cooperation in northern Australia and Timor-Leste


Eni and Santos sign a memorandum of understanding on cooperation in northern Australia and Timor-Leste
Eni and Santos strengthen their cooperation seeking to identify potential new areas of collaboration in developments of offshore fields in northern Australia, synergies and sharing of infrastructure as well as CO2 capture and storage or utilization (CCUS) facilities in the Darwin area.
Perth (Australia), May 3rd, 2021 - Eni, through its subsidiary Eni Australia Limited, and Santos signed today a non-binding Memorandum of Understanding (MoU) to jointly seek cooperation opportunities in the following areas of interest:
optimisations, synergies and sharing of infrastructure between the Barossa Project and the Evans Shoal development, including the potential expansion of Darwin LNG and options to repurpose and extend the life of Bayu-Undan; ....

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