Santos has announced a final investment decision on the US$3.6 billion Barossa gas and condensate project offshore northern Australia, paving the way for an additional US$600 million investment in the Darwin LNG facility.

First gas production is targeted for the first half of 2025.

All major contracts have been awarded for the Barossa project's floating production, storage and offloading vessel (BW Offshore), subsea production wells (TechnipFMC), supporting subsea infrastructure (Subsea7, National Oilwell Varco, Aker Solutions) and a gas export pipeline (Allseas) tied into the existing pipeline from the Bayu-Undan field to the Darwin LNG plant.