Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Santos cut 2025 output forecast due to LNG platform software issues and basin flooding, halting 155 wells for two weeks.
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.
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.
The company remains confident in long-term growth, citing upcoming projects like Barossa LNG and Pikka Phase 1, and maintains focus on shareholder returns.
5 Articles
Santos recortó el pronóstico de producción de 2025 debido a problemas de software de la plataforma de GNL y las inundaciones de la cuenca, deteniendo 155 pozos durante dos semanas.