Gas conditioning plant, Papuan highlands
Santos-Oil Search merger advances
Papuan court approval sees the deal pass another milestone
Shareholders at Papua New Guinea-focused Oil Search will vote on 7 December on their proposed merger with Australian independent oil and gas producer Santos, following a decision by the National Court of Papua New Guinea. The Papuan government had previously voiced concern about the merger, saying it needs to be in the country’s “national interest”. But the National Court has now approved distribution of the proposal to Oil Search shareholders and ordered the company to hold the vote. The offer “is in the best interests of Oil Search shareholders in the absence of a superior proposal”, concluded corporate financial advisor Grant Samuel & Associates, acting as an independent expert to th
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
