Santos completes Kipper asset sale

Santos Ltd. has completed the Kipper asset sale that the company announced in November 2015. The transaction involved the sale of Santos’ 35% non-operated interest in the Kipper gas field, located in the Gippsland Basin, offshore Victoria, Australia, to Mitsui E&P Australia Pty Ltd. for $520 million in cash.

Santos advises that it has received the sale proceeds from Mitsui.

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


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

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

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...