BRIEF-Santos Takes FID On Moomba Central Optimisation Project

Reuters
Yesterday
BRIEF-Santos Takes FID On Moomba Central Optimisation Project

March 9 (Reuters) - Santos Ltd STO.AX:

  • SANTOS TAKES FID ON MOOMBA CENTRAL OPTIMISATION PROJECT

  • TARGETING OVER $600 MILLION IN CAPEX AND OPEX SAVINGS (NET SANTOS)

  • TARGETING AN IMPROVEMENT IN COOPER BASIN UNIT PRODUCTION COST OF UP TO $3 PER BOE

  • SANTOS' WILL INVEST $357 MILLION IN MCO PROJECT IN COOPER BASIN

Further company coverage: STO.AX

((Reuters.Briefs@thomsonreuters.com;))

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