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flag Santos cut 2025 output forecast due to LNG platform software issues and basin flooding, halting 155 wells for two weeks.

flag Santos lowered its 2025 production guidance to 89–91 million barrels of oil equivalent due to a software issue on the Barossa LNG FPSO and flooding in the Cooper Basin, causing a two-week shutdown and keeping 155 wells offline. flag Despite strong financial results, including $1.4 billion in year-to-date free cash flow and record gas output at Roma, the delays impact project timelines. flag The company remains confident in long-term growth, citing upcoming projects like Barossa LNG and Pikka Phase 1, and maintains focus on shareholder returns.

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