Woodside may hunt for acquisitions as Santos deal falls through

Woodside Energy could look more aggressively towards acquisition opportunities overseas after talks on a merger with domestic rival Santos were scrapped and as it seeks to tap opportunities in the global LNG sector.

Analysts assessing the prospects for a standalone Woodside after the news on Wednesday that the talks had collapsed said they expected “inorganic” growth options to be a topic for discussion at the oil and gas producer’s full-year results late this month.