Woodside and Santos Announce Merger to Create Gas Giant - Combination Confirmed!

Woodside and Santos Announce Merger to Create Gas Giant – Combination Confirmed!

Written by Paulo Nogueira

Published on 09/12/2023 at 00:42

Updated on 09/12/2023 at 00:54

Planta de GNL Pluto, da Woodside (Foto: Jarrad Seng) – Todos os direitos: EPBR

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Woodside Energy and Santos Completed Merger and Became Global Leaders in LNG, with a Combined Value of R$ 260 Billion.

The companies Woodside Energy Woodside Energy and Santos are in advanced negotiations for a possible merger, according to sources close to the companies. The merger of the two giants in the sector of oil and natural gas could create one of the largest companies in the field, with a combined market value exceeding R$ 260 billion.

This potential merger represents an important combination of assets and expertise, which could further strengthen the companies’ presence in the global market. The union of the strengths of Woodside and Santos would open new opportunities for growth and expansion in the energy sector, benefiting shareholders and consumers worldwide.

Oil and Gas Sector Consolidation Drives Mergers and Acquisitions

The oil companies primarily operate in Australia, but also have oil and gas fields in the Gulf of Mexico, Alaska, and Trinidad and Tobago.

ARTICLE CONTINUES BELOW

Global LNG Exports Keep Australia as Leader

Australia was, in 2022, the leader in global LNG exports, with 80.9 million tons – a market share of about 20%, according to the International Gas Union (IGU). The main destinations for Australian gas are Japan, China, and South Korea.

Woodside Energy Completes Merger with BHP’s Business Unit

Last year, Woodside completed the merger with the oil and gas business unit of British BHP, which retained 48% of the shares in the new company.

Large Mergers and Acquisitions Drive Oil and Gas Sector

The oil and gas sector is going through a period of consolidation.

Just in October of this year, two of the largest deals of the century were announced: the ExxonMobil and Pioneer merger, in a deal worth US$ 60 billion (R$ 300 billion); and the Chemron and Hess deal, worth US$ 53 billion (R$ 266 billion).

Chevron had already acquired PDC Energy in May for US$ 6.3 billion.

Source: EPBR

Woodside and Santos Announce Merger to Create Gas Giant – Combination Confirmed!

Woodside Energy and Santos Completed Merger and Became Global Leaders in LNG, with a Combined Value of R$ 260 Billion.

Oil and Gas Sector Consolidation Drives Mergers and Acquisitions

Global LNG Exports Keep Australia as Leader

Woodside Energy Completes Merger with BHP’s Business Unit

Large Mergers and Acquisitions Drive Oil and Gas Sector

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Woodside and Santos Announce Merger to Create Gas Giant – Combination Confirmed!

Woodside Energy and Santos Completed Merger and Became Global Leaders in LNG, with a Combined Value of R$ 260 Billion.

Oil and Gas Sector Consolidation Drives Mergers and Acquisitions

Global LNG Exports Keep Australia as Leader

Woodside Energy Completes Merger with BHP’s Business Unit

Large Mergers and Acquisitions Drive Oil and Gas Sector

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

While countries spend billions to draw water from the sea, a Nobel-winning scientist creates a container-sized machine that extracts up to 1,000 liters per day from dry air and uses ultrasound to release water in minutes, even in the middle of the desert.

Belgium will sink 23 giant concrete caissons, each weighing 22,000 tons, in the North Sea to build the world’s first artificial energy island 45 km off the coast, forming offshore electrical walls.

New microwave that can replace three appliances hits the market: Sharp launches 3-in-1 model that combines air fryer, convection oven, and heating in 0.9 cubic feet for small kitchens

While Brazil has been discussing bullet trains for 16 years, China delivers 5 new high-speed lines in 2026, surpasses 50,000 km of HSR, and moves 1 billion passengers in a single year.

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

A 45 km² oil slick appears in satellite images near Kharg Island, an area that accounts for 90% of Iran’s oil exports.

While Petrobras operates at 7,000 meters in the pre-salt layer, China is extracting oil and gas at 10,910 meters onshore — Shenditake 1 is the world’s first onshore well to exceed 10 km.

Brazil discovers natural hydrogen in four states and enters the silent race that could redraw the energy transition: Petrobras has already invested R$ 20 million in studies.

Trump promises transparency in Venezuela’s oil, but secret deals and corruption allegations continue to surround the billion-dollar sector.

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The delivery of a 15 m² container studio apartment, furnished with a bed, nightstand, wardrobe, slatted panel headboard, custom-designed kitchen, and a corner shower enclosure in the bathroom. The client will use the house on weekends.

A 60 m² container house with three bedrooms, including a master suite and two children’s bedrooms. The team’s assembly took five business days, and the structure came pre-finished from the factory.

What’s worth buying in Paraguay in 2026 reveals an absurd difference in electronics, with MacBook over R$ 11 thousand cheaper and PS5 for half the price.