Santos seals strategic investment deal with ENN and Hony

June 27, 2017

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Oil and gas major Santos has struck a strategic investment deal with shareholders ENN Group and Hony Capital, which jointly own a 15.1% interest in the company.

The strategic agreement is based on mutual cooperation and assistance to support the growth of Santos, and will see ENN and Hony use Santos as the primary investment vehicle for material investment in upstream gas reserve and liquefied natural gas (LNG) production in Australia and Papua New Guinea.

Category: General