Santos Overhauls Operations to Cut Costs After Failed Takeover Bids

3 articles · Updated · Bloomberg · Apr 22

Australian gas exporter Santos is restructuring its oil and gas business to reduce costs.
The company will consolidate its Australian and Papua New Guinean assets into four regional business units, replacing individual management teams.
This move follows several failed takeover bids and increased pressure to boost shareholder returns.

How will Santos's new gas deal for 'green iron' production reshape the future of its legacy Australian assets?

Santos boasts decade-low costs, but can this efficiency survive its biggest operational restructuring in years?

As Santos cuts 10% of its staff, can it manage a 30% production surge from its new megaprojects?

With Alaska's Pikka project online, what does the new Quokka-1 oil discovery mean for Santos's future growth?

Santos won its greenwashing case, but will its climate promises hold up under this drastic corporate shake-up?