Drilling & production

The company expects the impact related to the Main Pass Oil Gathering pipeline shut-in to be immaterial to its fourth quarter 2023 results.

The company has announced a gas discovery in the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe.

The company has announced an expected organic capital expenditure range of US$15.5 – US$16.5 billion for consolidated subsidiaries (CAPEX) and an affiliate capital expenditure (affiliate CAPEX) budget of approximately US$3 billion for 2024.

The plan reflects a continued execution of the company’s strategy to provide the products society needs and to lower emissions.

The company has announced that it has been awarded gold standard status by the United Nation’s Environmental Programme (UNEP), recognising the company’s detailed plans to reduce methane emissions to near zero by 2030.

The facility will radically increase the operational capacity for BiSN in the Asia-Pacific region, creating several local jobs.

At the ‘Eliminating Methane Emissions by 2030’ roundtable with the COP28 Presidency, TotalEnergies announced the signing of three cooperation agreements with national oil and gas companies to carry out methane detection and measurement campaigns using the AUSEA technology.

Jadestone Energy has announced that the final well in the Company’s 2023 East Belumut field drilling campaign offshore Peninsular Malaysia has now been completed.

The company has announced the appointment of John Spath as Executive Vice President and Head of Operations, effective immediately. Mr. Spath will have responsibility for the company's upstream business operations.

The latest win marks the eighth project collaboration between BrasFELS and MODEC, reflecting the long-standing partnership the two organisations have enjoyed for more than a decade.

The voluntary charter was launched by COP28 President, Dr Sultan Al Jaber, and signed by 50 global oil and gas companies, including some that have adopted net zero 2050 targets for the first time.

The company has appointed Herwin Cruz as Regional VP for Latin America covering Drilling, Well Intervention, Production Enhancement and Fire Protection Services.

The company will continue to provide operations, maintenance, modifications and offshore services on the Mariner A platform and Mariner B floating storage unit.

By implementing the company’s CwD services, Hunt Oil reduced the number of runs required, with a saving on time and cost.

Suncor Energy has announced that the Terra Nova floating, production, storage and offloading vessel has safely restarted following the completion of the Terra Nova asset life extension project.