Saudi Aramco is considering a takeover bid for Australian energy major Santos, Bloomberg has reported, citing unnamed sources, who also said the UAE’s Adnoc was also studying an offer for the company. The bids were a demonstration of Middle Eastern energy companies’ interest in expanding their natural gas business internationally, the report said. This would make Santos quite the popular acquisition target, after local rival Woodside tried to take over the company earlier this year. News of a tie-up between the two Australian energy…
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