The Australia-based company also confirmed in its 2022 guidance the $400 million capital expenditure necessary to fund Pikka Phase 1. In an April 21 quarterly report for the three months ending March 31, Oil Search owner Santos reaffirmed its guidance on its northern Alaska Pikka project, saying Pikka Phase 1 has received all major environmental and regulatory approvals and is on track to be ready for a final investment decision by mid-year. Oil patch insider: Santos reaffirms Pikka Brower, Sullivan want Haaland to say this
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