- Santos (STO) has restarted production from the Ningaloo Vision Floating Production Storage and Offloading vessel following maintenance in Singapore
- Ningaloo Vision, which includes several oilfields offshore Western Australia, has now begun ramping-up its production again
- The second phase is targeting around 10 million barrels of gross reserves, with first oil scheduled in the fourth quarter of this year
- The vessel expected to achieve 10,000 barrels per day in the coming weeks
- Resuming production comes as the company prepares for its second phase of infill drilling at the Van Gogh field
- On the market today, Santos is up 0.42 per cent and is trading at $7.11 per share
