Overview
Santos chief executive Kevin Gallagher will direct more investment to the company’s oil and gas operations in Alaska and Papua New Guinea, while dialling back its allocation to some domestic projects, amid ongoing uncertainty over the government’s gas reservation policy.
In a strategy update on Tuesday, Gallagher said the turmoil in global energy markets stoked by the Middle East conflict had also prompted a stronger focus on Santos’ top-tier exporting assets and development projects that have potential to join their ranks.
Source: https://www.afr.com/companies/energy/santos-sharpens-focus-on-alaska-png-exports-amid-global-energy-unrest-20260522-p5zzs3