Petrel and Tern Field Asset Sale
Sector: Energy • Location: Australia
Source: Rigzone
Santos Ltd has sold its 42.71% stake in the Petrel field and 100% interest in the Tern field, both offshore northern Australia, to partner Eni SpA. This sale reduces Santos' future decommissioning exposure.
- Status
- Closed
- Sector
- Energy
- Location
- Australia
- Updated
- 22 Jul 2026
- Source
- Rigzone
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Project Information
Participants
Company |
Status
Original status | completed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Santos Ltd has sold its 42.71% stake in the Petrel field and 100% interest in the Tern field, both offshore northern Australia, to partner Eni SpA. This sale reduces Santos' future decommissioning exposure. |
Original sector | Energy |
Location
Country | Australia |
Source
Source | Rigzone |
URL |
More Details
Record type | Project |
Article published date | 2025-12-22 |
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