OIL & GAS

US firm MidOcean eyes stake in Santos' Barossa gas project

Private equity player seeks entry into $5.8b Timor Sea venture as JERA weighs exit

Staff Writer
An LNG carrier glows under the evening sky, transporting liquefied natural gas to global markets.

An LNG carrier glows under the evening sky, transporting liquefied natural gas to global markets. | Credits: MidOcean Energy

US private equity firm MidOcean Energy is considering acquiring a stake in Santos' $5.8 billion Barossa gas project, with industry sources suggesting it has expressed interest in a 12.5% share currently...

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