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Santos awards major FPSO contract to BW Offshore

The contract valued at above $4bn involves the supply and deployment of a gigantic gas FPSO at Santos-operated Barossa field development off northern Australia. The contract award for the production floater anchoring the Barossa project marks progress towards sanctioning a key backfill development to extend the life of Australia's key LNG export terminal at Darwin

Santos chief executive Kevin Gallagher flagged significant savings from the FPSO contract award, which will go towards boosting cost competitiveness of Barossa backfill gas for Darwin LNG 

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