Australian energy player Santos has received a final, non-binding indicative offer from a consortium led by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), comprising Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, to purchase all of its shares.

FPSO Opal Singapore Asia Pacific Australia Business Developments Gas Export Pipeline Carlyle Consortium Other XRG-led Adelaide Furthermore LNG-focused Norway Offshore