
Liquefaction/Upstream
May 13, 2026
Santos takes FID on Agogo project in Papua New Guinea
Santos has taken FID on the Agogo production facility tie-in project in Papua New Guinea, following approval from the ExxonMobil-led PNG LNG joint venture. The project will connect Agogo to the PNG LNG gas pipeline via a 19-km pipeline, two new wells and facility modifications, with first gas targeted in Q2 2028. Gross capex is estimated at $400 million over three years, including around $160 million net to Santos.


