16 Facts About Santos Limited

Santos Limited provides sponsorship of several arts festivals and bodies, charities, and the University of Adelaide's Australian School of Petroleum.

Santos Limited was incorporated on 18 March 1954, with its name an acronym of South Australia Northern Territory Oil Search.

In May 2020 Santos Limited completed its acquisition of ConocoPhillips' northern Australia and Timor-Leste assets for US$1.

Santos Limited is one of Australia's domestic gas and oil producers, supplying sales gas to all mainland Australian states and territories, ethane to Sydney, and oil and liquids to domestic and international customers.

Santos Limited is the primary venture partner and operator of natural gas processing facilities at Moomba in SA and Ballera in Queensland, and pipelines connecting those facilities with Adelaide, Sydney, Melbourne, Brisbane, Rockhampton and Mount Isa.

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Santos Limited has made significant discoveries in the Browse Basin, off the northwest of Western Australia.

On 7 September 2017 Santos Limited pledged to divert 30 petajoules of gas from the Gladstone LNG plant slated for export into Australia's east coast market in 2018 and 2019, as part of efforts to avert government-imposed restrictions on gas exports to solve local gas shortages.

Santos Limited has an interest in the Darwin LNG project, which was the first liquefied natural gas project in the Northern Territory and the second in Australia.

Santos Limited has submitted an environmental impact plan, which includes the potential impact of an oil spill, and its plans for cleanup should one occur.

In 2020, Santos Limited was named on a list of Australia's 65 worst greenhouse gas emitting companies.

Santos Limited has engaged Adelaide-based consultancy Bespoke Approach to lobby the Australian Government and the state governments of New South Wales and Queensland.

Santos Limited had stated in June 2006 that it maintained "appropriate insurance coverage for these types of occurrences".

In May 2012, Santos Limited reported declining rates of hydrocarbon recovery from groundwater extraction wells and claimed that their remediation efforts were working.

In March 2021, four Extinction Rebellion protesters glued themselves to the road outside the Santos Limited building in Adelaide, and two scaled the building, painted messages on it, set off flares and glued themselves to the building.

The Judge said the offshore oil and gas regulator Nopsema failed to assess whether Santos Limited had consulted with everyone affected by the proposed drilling, as required by the law.

Santos Limited responded by claiming that gas is necessary in the state's future energy mix, and The Advertiser published its economic value to South Australia.