Santos says Adnoc takeover deal delayed

Australia LNG player Santos said on Tuesday that a consortium led by Adnoc’s investment unit, XRG, would not be able to finalize the previously announced $18.7 billion takeover bid for another four weeks.

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

Atlantic LNG shipping rates decrease this week

Atlantic spot LNG shipping rates dropped this week, while Pacific rates were flat compared to the week before, according to Spark Commodities.

Stabilis secures new approval for Galveston LNG project

Houston-based small-scale LNG player Stabilis Solutions has received a letter of recommendation (LOR) from the US Coast Guard for its planned Galveston liquefaction facility.

Russian LNG production up 10.7 percent in January-June

Russian liquefied natural gas (LNG) production rose 10.7 percent in the first six months of this year, according to the Russian statistics agency Rosstat.
spot_img

More News Like This

PNG LNG shipped 29 cargoes in Q2

The ExxonMobil-operated PNG LNG project in Papua New Guinea shipped 29 cargoes of liquefied natural gas in the second quarter of 2026, the same as in the same quarter last year and one cargo more than in the prior quarter, according to shareholder Australia’s Santos.

Santos says Papua LNG on track for Q4 FID

France's TotalEnergies and its partners remain on track to take a final investment decision on the Papua LNG export project in Papua New Guinea in the fourth quarter of 2026, according to Australian LNG player Santos

UAE’s Adnoc takes FID on $6.2 billion gas project

UAE's energy giant Adnoc said on Tuesday it is accelerating its integrated global gas growth strategy with a $6.2 billion final investment decision (FID) to develop the Umm Shaif gas cap project in Abu Dhabi alongside its international partners TotalEnergies, Eni, and CNPC.

Adnoc L&S orders LNG carrier quartet in China

UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, has ordered four liquefied natural gas (LNG) carriers from China’s Jiangnan.