MARKETS

Karoon acquisition of Bauna delayed again

SYDNEY headquartered Karoon Energy has amended its deal to buy the Bauna oil field in the Santos Basin offshore Brazil, again, which could delay the final settlement of the acquisition.

It is the second time the acquisition has been delayed.

It is the second time the acquisition has been delayed.

Karoon Energy shrugged off global uncertainty and low oil prices in July and announced it would buy the massive oil field in Brazil for US$665 million. It then undertook a major management shakeup...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

MOST POPULAR

1

OPERATIONS

Santos shows financial grunt in testing times

2

OPERATIONS

Santos plans to decommission Simpson field permanently

3

EXPLORATION

Lakes Blue Energy scraps farm-in deal with Cooper Energy after better offer

4

EXPLORATION

Triangle signs rig for North Perth Basin well

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902