PERTH (miningweekly.com) – Oil and gas major Santos has completed the sale of its 35% nonoperated interest in its Kipper gasfield, offshore Victoria, in a deal valued at A$520-million.
The deal was struck with Mitsui E&P Australia in November last year.
Kipper would be developed as a subsea tie-back to existing processing facilities owned by the Gippsland basin joint venture, and from there the gas would be transported via the existing West Tuna platform for processing at the onshore Longford gas plant.
Edited by: Creamer Media Reporter
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