US Gulf offshore activities are expected to begin in 2028.
Subsea7 announced a September 2 contract from LLOG Exploration for Who Dat East, at approximately 1,300 metres water depth. The development will connect to the Who Dat floating production system.
Scope includes a 29-kilometre riser and pipe-in-pipe system, plus umbilical and subsea controls installation. Offshore work is planned for 2028. Subsea7 places the award in its $50–150 million classification without disclosing the exact price.
BHP’s August results show strong copper earnings and cost control; an ore-grade scenario isolates how fixed processing energy raises cost per tonne of recovered copper.
FY2026 earnings and a record declared dividend invite a cash-flow test before treating accounting profit as deployable investment capital.
The IEA reports a steep August stock draw; Aramco’s CEO argues that usable commercial barrels are much fewer than the headline total.
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