Turmoil ahead of Oil Search exec’s exit
A meeting between Oil Search chairman Rick Lee and an executive concerned about bullying was cut short, according to sources. The executive, Ayten Saridas, has since quit.
Oil Search
Oil Search sued over bullying by top executive
The woman in line to become Oil Search’s chief financial officer has filed damages for mental anguish, distress and physical injury during her short tenure.
Value concerns over Oil Search merger with Santos
Oil Search approached Santos over boosting its share of a $21bn merger after an independent expert raised concern the company could be handed over too cheaply.
Santos’ $21bn Oil Search merger suffers delay
Santos and Oil Search have suffered a delay on a key plank of their $21bn merger.
Oil Search projects slow amid Santos deal
The timelines for Oil Search’s Alaskan and Papua New Guinean projects has slowed with the producer seeking to seal a $21bn merger with Santos
The investment banker pinning Citi on M&A map
Despite being in lockdown for most of the time, Alex Cartel pulled in the $22bn Santos merger with Oil Search, an advisory mandate that has nudged the bank upwards.
PNG demands bigger slice of Oil Search gas project
Santos and Oil Search have been told of a new demand from the Papua New Guinea government as the two energy giants attempt to strike a $21bn merger deal.
Oil Search investors mull Santos deal
Major Oil Search shareholders are casting doubt over the merits of Santos’ $21bn merger proposal
Nicole Beavan takes Goldman Sachs infrastructure role
Goldman Sachs has reshuffled its team to make former Oil Search executive Nicole Beavan its head of infrastructure for Australia and New Zealand.
Santos to enter talks with PNG over Oil Search merger
Australian oil producer Santos is understood to be planning to hold talks with the PNG government this week about its $21bn merger with Oil Search.
Citi’s Luet banks on M&A, energy transition
Citi Australia chief Marc Luet has had a good week. Friday’s $21bn Santos and Oil Search merger will bump up the bank in Dealogic’s M&A rankings.
Santos, Oil Search agree $21bn merger
Santos and Oil Search have signed off on their tie-up, with the deal set to catapult the combined company into a top 20 global oil and gas producer.
Ahead of the announcement: Santos, Oil Search to sign
The signing of the $21bn merger deal between Santos and Oil Search was previewed by DataRoom, before the official word.
ASX closes up 0.5%, Santos, Oil Search to merge
ASX 200 closes up 0.5% at 7406.6 points after rising 0.8%, as S&P 500 futures rose 0.3% and share markets in Japan and China rose 1%.
PNG ups ante in Santos-Oil Search merger
Santos’s $21bn merger with Oil Search faces a major threat after the Papua New Guinea government demanded better terms.
The Santos mantra: Do the hard stuff fast
Santos boss Kevin Gallagher will use knowledge from previous M&A deals to guide the Oil Search merger process.
Santos pitches $21bn merger for net zero
Santos chief Kevin Gallagher says the Oil Search merger would give it the bulk to handle and prosper from an urgent global focus on tackling climate change.
Santos sued over ‘clean energy’ claims
Santos has been served with a legal claim accusing it of engaging in misleading or deceptive conduct over its clean energy claims.
Oil Search defends value of Santos deal
Investors have questioned Oil Search’s approach to the $21bn Santos merger amid some concern over the value of the deal.
Oil giants agree to merger terms
Oil and gas giants Oil Search and Santos are understood to have agreed terms on their $21bn merger and are on track to announce a final deal next week.
ASX closes up 0.2%, energy stocks gain
ASX ends 0.2 per cent higher as energy and materials stocks gain, offsetting falls in Ansell and NIB. Kogan drops 16 per cent. Bitcoin above $US50,000.
Oil Search spinner calls it quits
The exit of Oil Search’s head of comms on its own isn’t remarkable, but amid executive upheaval is just another cultural red flag.
Santos surges back to profit
Santos says its $21bn merger talks with Oil Search are progressing well as the energy group returns to profit amid record production.
Oil Search out in cold after Alaskan mistake
A heated phone call with ConocoPhillips’ boss Ryan Lance signalled a missed opportunity for Oil Search to reduce its Alaskan stake.
Oil Search complaint raised concerns over chairman
A whistleblower complaint that led to the departure of Oil Search’s CEO also raised concern over his close relationship with chairman Rick Lee.
Santos-Oil Search merger faces PNG test
Papua New Guinea’s Prime Minister James Marape has warned a $21bn merger of Santos and Oil Search must pass a national interest test.
Santos could sell PNG LNG stake to thwart rival bid: analysts
Santos may sell down part of its Papua New Guinea LNG stake to a rival to ensure the companies don’t crash its $21bn merger with Oil Search
Energy giant emerges as Santos, Oil Search tie knot
The combined business is set to jump into the world’s 20 largest energy companies, leapfrogging Woodside Petroleum.
Weekend talks sealed Santos-Oil Search mega-deal
A weekend of hard negotiations between Santos and Oil Search led to agreement on one of Australia’s biggest oil and gas mergers.
$60bn deal day a throwback to pre-GFC boom
Two huge transactions involving Afterpay and oil giants Santos and Oil Search have analysts tipping more M&A action ahead.
Original URL: https://www.theaustralian.com.au/topics/oil-search/page/2