Santos Ltd.


Santos Ltd.

Infobox Company
name = Santos Limited

type = Public (asx|STO)
foundation = 18 March 1954
location = flagicon|AUS Adelaide, South Australia, Australia
key_people = David Knox, Acting CEO
industry = Energy
products = gas and petroleum exploration; the production, treatment and marketing of natural gas, crude oil, condensate, naphtha and liquid petroleum gas; transportation by pipeline of crude oil
revenue = profit $2.769 billion AUD (2006, [http://www.santos.com/library/Santos_Annual_Report_2006.pdf] )
net_income = loss $643 million AUD (2006)
num_employees = ~1,434 (2005)
homepage = [http://www.santos.com.au www.santos.com.au]

Santos Ltd. is Australia's third largest oil and gas exploration company. Its name was an acronym for "South Australia Northern Territory Oil Search".

The company's core business was built on gas and oil discoveries in the Cooper Basin, predominantly spanning north-east South Australia and south-west Queensland. These gas reserves are the main source of natural gas to Australia's eastern states. Santos is the primary venture partner, and operator, of natural gas processing facilities at Moomba (in South Australia) and Ballera (in Queensland), and pipelines connecting those facilities with Adelaide, Sydney, Melbourne, Brisbane, Rockhampton, and Mount Isa.

The company also participates in on- and off-shore oil and gas exploration and production ventures throughout Australia, in the Timor Gap, Indonesia, Papua New Guinea, India, Bangladesh, Egypt, Vietnam, and Kyrgyzstan.

Santos has its headquarters in Adelaide. It also has offices in Melbourne, Brisbane, Perth, and Jakarta.

Santos's production for the first half of 2006 was 28.7 million barrels of oil equivalent (mmboe). Earnings before interest, taxes, depreciation, amortisations and exploration expenses for the period was AUD $1.1b, representing after tax profit of AUD $370m, an increase of 28 percent over the corresponding period in 2005. In mid-2006, it had a market capitalisation of AUD $6.8 billion, making it one of Australia's top 50 companies.

Santos is involved in many Australian community activities, such as the Adelaide Symphony Orchestra, and sponsoring local university projects.

Sidoarjo mud flow

Santos owned 18% of a project that was drilling in the area of the Sidoarjo mud flow when the disaster occurred and the company has put aside $US79 million towards the cleanup. [ [http://www.abc.net.au/news/stories/2008/09/15/2364901.htm?section=justin Santos says mud disaster funds appropriate] , ABC news September 15, 2008]

ee also

* Natural gas processing

External links

* [http://www.santos.com/ Santos.com]

References


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Santos — may refer to: *Santos (surname) *Santos (artist) (born 1971), Italian DJPlaces*Santos (São Paulo), port city in São Paulo, Brazil **Port of Santos, its container port **Santos Basin, offshore oilfield *Sántos, in Somogy county, Hungary… …   Wikipedia

  • Santos Acosta — This name uses Spanish naming customs; the first or paternal family name is Acosta and the second or maternal family name is Castillo. Santos Acosta …   Wikipedia

  • Mario Santos — Mario Jorge Santos (born 1952) is a former public official in Winnipeg, Manitoba, Canada. He was a prominent member of the Winnipeg School Board from 1982 to 2002, and has sought election to the Legislative Assembly of Manitoba on two occasions.… …   Wikipedia

  • Jerry Santos — Personal information Full name Jerry Santos Date of birth 17 December 1988 ( …   Wikipedia

  • Clarke y Kubrick, Espacialistas Ltd — Publicación Formato Serializada en revistas Primera edición 1980 Contenido …   Wikipedia Español

  • Alessandro dos Santos — Apodo Alex Nacimiento 20 de julio de 1977 (34 años) Maringá, Brasil Nacionalidad …   Wikipedia Español

  • STOSY — Santos, LTD. (Business » NASDAQ Symbols) …   Abbreviations dictionary

  • Moomba, South Australia — Moomba South Australia …   Wikipedia

  • Floating production storage and offloading — FPSO Mystras at work off the shore of Nigeria FPSO Crystal Ocean moored …   Wikipedia

  • Energi Mega Persada — PT Energi Mega Persada Tbk Rechtsform Tbk. ISIN ID1000098304 Gründung 2001 Sitz J …   Deutsch Wikipedia