May 26, 2026 – 10.40amSantos will focus spending on its lucrative oil and gas export operations in Alaska and Papua New Guinea, as well as emerging growth projects in Australia, as chief executive Kevin Gallagher looks to reset the energy producer for a market transformed by the Middle East conflict.Following a strategic review, the company has ruled out the sale of its undeveloped Dorado oil field in the Bedout Basin off Western Australia, and will instead explore if the region can rank among its large, core assets.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles