- Santos Energy has announced the final investment decision on the Pikka oil project in Alaska, which the Australian company expects to produce 80,000 bpd beginning in 2026.
- Gallagher noted that Santos has committed to net-zero Scope 1 and Scope 2 emissions—those from a company’s own operations and those from the operations of its suppliers—and that Pikka will be a net-zero project.
- The Australian company will probably fund the Pikka project development with proceeds from the planned sale of 5 percent in the PNG LNG project in Papua New Guinea.
Australian Oil Major Stuns Market With Approval Of Alaska Oil Project
