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BP scraps GAB exploration project  

BP has decided not to proceed with its exploration drilling programme in the Great Australian Bight (GAB), offshore South Australia. Claire Fitzpatrick, BP’s managing director...

ABB wins $55m submarine cable contract

ABB has announced that it has won a $55 million deal to supply a submarine AC power cable system for the 400MW Dudgeon offshore...
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What spending reveals about downstream consumer demand for manufactured goods

For manufacturers supplying consumer-facing markets, understanding demand conditions has become increasingly important in an environment shaped by cautious spending, rising costs and intense competition.