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Santos, operator of the Pikka prospect on Alaska’s North Slope, is targeted for buyout

Posted 6/26/25

The Australian company seeking to develop a large oil discovery on Alaska’s North Slope may be purchased by a consortium based in Abu Dhabi. Santos Ltd. announced earlier this month that XRG PJSC, a subsidiary of Abu Dhabi National Oil Co., has made a buyout offer. Terms are still being negotiated. The value of the […]

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