Mitsui set to acquire Kipper interest offshore Australia

Offshore staff

ADELAIDE, AustraliaSantos has agreed to sell its 35% interest in the producing Kipper gas field offshore southeast Australia to Mitsui for $520 million.

Kipper is in the Gippsland basin offshore Victoria.

The sale is subject to consents and regulatory approvals but is expected to be completed during the current quarter.


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