Global News Select

Saudi Aramco, Adnoc Consider Separate Bids for Santos, Bloomberg Reports

-- State-owned Saudi Aramco and Abu Dhabi National Oil Co., known as Adnoc, have separately considered bids for Australian liquefied natural gas producer Santos, Bloomberg reports citing multiple unnamed sources.

-- Neither company has yet decided whether to go ahead with any proposals, according to Bloomberg.

-- Saudi Aramco and Adnoc declined to comment when approached by Dow Jones. Santos wasn't immediately available for comment.

 

Full story: https://tinyurl.com/mty32k6z

 

Write to Cristina Gallardo at cristina.gallardo@wsj.com

 

(END) Dow Jones Newswires

July 04, 2024 03:30 ET (07:30 GMT)

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