ADNOC Eyes Santos: A High-Stakes Bid That Could Reshape the Asia-Pac LNG Landscape
In a bold strategic maneuver, Abu Dhabi’s state-owned oil giant, ADNOC—via its international arm XRG, in partnership with ADQ and global private equity firm Carlyle—is pursuing the acquisition of Australia’s Santos Ltd. The A$30 billion (US$18.7–19 billion) all-cash bid, unveiled in mid-June 2025, emerges as the largest takeover proposal in Australian corporate history.
Authors
- Helen Debenham
Publication Details
- Published
- 2025-09-08
- DOI
- https://doi.org/10.36404/liap3839
- Primary Topic
- Maritime Transport Emissions and Efficiency
- Type
- article
- Field-Weighted Citation Impact
- 0.00