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BRIEF-Santos, Eni Sign MoU To Collaborate In Northern Australia And Timor-Leste

Published 03/05/2021, 09:19 am
Updated 03/05/2021, 09:24 am

May 3 (Reuters) - Santos Ltd STO.AX :

* SANTOS AND ENI (MI:ENI) SIGN MOU TO COLLABORATE IN NORTHERN AUSTRALIA AND TIMOR-LESTE

* MOU TO COOPERATE ON OPPORTUNITIES IN NORTHERN AUSTRALIA AND TIMOR-LESTE

* AREAS OF COOPERATION INCLUDE ASSESSING SYNERGIES FOR GAS FIELD DEVELOPMENTS AROUND BAROSSA AND EVANS SHOAL

* COOPERATION ALSO INCLUDES INVESTIGATING OPTIONS TO RE-PURPOSE BAYU-UNDAN FACILITIES TO EXTEND LIFE OF PROJECT

* OTHER AREAS OF COOPERATION INCLUDE POSSIBLE DEVELOPMENT OF PETREL AND TERN THROUGH BLACKTIP/YELCHERR GAS PLANT FACILITIES

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