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.


Share your news with Offshore at

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...