Santos has lowered its 2025 production forecast due to software issues at the Barossa LNG project and flooding in the Cooper Basin, disrupting operations.
The company, Australia's oil and gas giant, narrowed its production guidance for this year to between 89 million and 91 million barrels of oil equivalent (boe), down from the previous guidance of 90-95 million boe.
The U.S. is building out… Ankara is signing long-term LNG…
Tsvetana, a writer for Oilprice.com, reports on the update, citing over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Author's summary: Santos cuts 2025 production forecast.