Adnoc’s $19B Santos Bid Tests Australian Energy Path

Date:

June 23, 2025

Australian regulators and politicians are weighing the implications of Abu Dhabi National Oil Co.’s $19 billion bid for Santos, one of the biggest foreign takeovers in the country’s history. EnergyQuest CEO and former Santos executive Rick Wilkinson says maintaining domestic gas supply will be a top priority for Canberra. He discusses the significance of the deal and the impact of Middle East tensions on global energy markets on ‘Bloomberg: The Asia Trade’.

(Source: Bloomberg)

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Adnoc’s $19B Santos Bid Tests Australian Energy Path

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