Santos and Oil Search Merger: Benefits and Environmental Considerations

This article discusses the benefits of the Santos and Oil Search merger, including the increase in goodwill and competitive value. It also explores the environmental considerations of the acquisition, including the company's responsibility to reduce carbon emissions and facilitate sustainable development.

Merging of business
organisations

Table of Contents
MAIN BODY...................................................................................................................................3
Answer 1.....................................................................................................................................3
Answer 2.....................................................................................................................................3
REFERENCES................................................................................................................................5

MAIN BODY
Answer 1
The Santos did a good work by completely merging with Oil Search company and also
increased its value to 21 Billion USD. This acquisition by Santos created development of good
will for the company and also increased its value. The goodwill of company increased due to
marketing value of Oil Search at the marketplace. Now the goodwill of Santos company is
doubled due to the acquisition and competitive value of company is also enhanced. The company
has paid excess amount in acquiring Oil Search due to its market share and strength. Market
reputation of Oil Search company is also excellent which will provide goodwill related benefit to
Santos company (Hassan, Ghauri, & Mayrhofer, (2018). The key stake holders of company like
government, employees, customers and society are also key source of goodwill. The Santos
company has paid excess amount due to well defined and precise approach of company. Santos
company will also get numerous benefits in future by the help and support of this acquisition.
The main benefits will be development, growth and expansion of the business (Segal, Guthrie, &
Dumay, (2021). Company will also achieve competitive advantage over other companies after
this acquisition step. The goodwill of Oil Search is excellent and immense at the marketplace
which will help Santos to deliver best practices.
Answer 2
According to the chairman of Santos, the acquisition of Oil Search is going to reduce
carbon emissions. This means that Santos will take all necessary steps in order to facilitate
climate development and minimise pollution. Critics on the other hand argue that, the company
will not going to fulfil its promises regarding the climate conservation. The critics can be right as
most of the companies in the international and national marketplace are unable to deliver
promises which are made. This is moral and ethical responsibility of Santos company to deliver
key practices related to climate change with the help of environmentalist experts. The company
should also follow all major rules and regulations related to environmental policy (Singh, Dureja,
& Mia, (2020). The sustainable development goals should be also achieved by Santos which are
helpful in increasing worldwide prosperity. Company also focus on ethical and environmental
considerations which are to be developed according to contemporary conditions of the society
and economy. The sustainable practices should be formulated by company in order to benefit the

future generations. The management of Santos company should deliver focused practices which
are helpful in increasing its environmental strength and set an example for other companies. The
lower carbon future is essential to be determined and developed by Santos in order to facilitate
future generations. Company should develop a precise and systematic approach in delivering
plans and policies which are beneficial for sustainable development. The Sustainable practices
which should be performed by company will be also helpful in increasing business strength as
well its liability towards environment (Dias, & Jacob-Lopes, (2022). The main focus of Santos
should be on developing competitive value as well as increase the potential of the company.
Company should also develop corporate strategy and planning framework in order to deal with
major consequences and challenges of the environment.

REFERENCES
Books and Journals
Dias, R. R., & Jacob-Lopes, E. (2022). Roadmap to net-zero carbon emissions in commercial
microalgae-based products: environmental sustainability and carbon offset costs. Journal of
Applied Phycology, 1-14.
Singh, R., Dureja, J. S., & Mia, M. (2020). Evaluating the sustainability pillars of energy and
environment considering carbon emissions under machining ofTi-3Al-2.5 V. Sustainable Energy
Technologies and Assessments, 42, 100806.
Hassan, I., Ghauri, P. N., & Mayrhofer, U. (2018). Merger and acquisition motives and outcome
assessment. Thunderbird International Business Review, 60(4), 709-718.
Segal, S., Guthrie, J., & Dumay, J. (2021). Stakeholder and merger and acquisition research: a
structured literature review. Accounting & Finance, 61(2), 2935-2964.