Offshore & subsea - 25 September 2020

The Santos-operated field is located in Permit WA-33-R off the coast of Western Australia.

Neptune Energy will remain as operator of the prospect with a 30% working interest in the licence.

Following the transaction, the PGNiG Group’s own gas production in Norway will increase to 0.9 billion m3 in 2021.

The policy measure is designed to allow all future bid deposit forfeitures to be reinvested as received.