Carnarvon Petroleum and Santos have spent the quarter finalising pre-front-end engineering and design work at the Dorado oil project in the offshore Bedout Sub-basin and are currently looking over tenders for wellhead platforms and FPSOs.
The Dorado oil discovery was one of the biggest light oil and condensate discoveries in Australian history, and was a key reason why Santos took over privately-held Quadrant Energy back in 2018.
Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.