RE:TotalEnergies awards upstream FEED for Papua LNG This means the earliest FID can happen is August 2024 !!
Santos hasn't renewed rig 104 and heliportable 115/116 won't be necessary before active drilling restarts. This stock will be dead meat till then, if Papua LNG gets a final investment decision.
In absence of any other revenue stream or any strategic acquisition, selling Canadian business was a huge blunder and we all sufffer as a result.
I don't see any other positives.