Offshore & subsea - 16 March 2020

The Kenli 6-1 discovery is expected to be the first large-sized oilfield in the Laibei lower uplift.

Carnarvon Petroleum and Santos, the operator of the offshore Dorado field, are working on entering the FEED phase.

A review of 66 projects on the Norwegian continental shelf (NCS) between 2007– 2018 has revealed that most have kept their estimated costs.

The company's separation into TechnipFMC and Technip Energies has been delayed by the Covid-19 pandemic, the sharp decline in commodity prices, and the heightened volatility in global equity markets.