| | | | | | ConocoPhillips Co. will develop the Willow project on Alaska’s North Slope following the US Department of the Interior’s Record of Decision and the recent denial of plaintiff’s request for an injunction in the Ninth Circuit Court of Appeals. |
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| Petrobras started producing oil and natural gas through the Sepetiba floating production, storage, and offloading vessel, marking startup of the second development phase of Mero field, offshore Brazil. Sanctioned in 2019, Mero-2 includes the FPSO with a production capacity of 180,000 bo/d and storage capacity of about 1.4 million bbl. |
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| Petrobras has taken final investment decision to develop a natural gas and CO2 separation and reinjection unit for the Mero project offshore Brazil. |
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| Petronas subsidiary PC Ketapang II secured a 20-year extension of the production sharing contract for the Ketapang Working Area in the Java Sea. |
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| Petrobras has let a contract to Valaris Ltd. for upcoming work at Buzios field in the Santos basin presalt, offshore Brazil. |
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| | | | Talos Energy Inc. started oil and natural gas production at the Lime Rock and Venice discoveries near its Ram Powell platform in the US Gulf of Mexico. |
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| CNOOC Ltd. started production at the Lufeng oilfield phase two development project in the eastern South China Sea. |
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| Oranto Petroleum Ltd. renewed its oil exploration license in Uganda for 2 additional years covering the Ngassa Deep and Ngassa Shallow exploration areas. |
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| State-owned Petroecuador reached a new production peak last week of 404,290 b/d, or 413,241 boe/d when natural gas is included. The company ascribed the results to improvements in efficiency. |
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| | | | Development of Woodside Energy-operated Sangomar field progressed late December 2023 with the departure of the Léopold Sédar Senghor FPSO. |
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| Shell has let a contract to Seatrium to construct and integrate the hull, topsides, and living quarters of the Sparta semi-submersible floating production unit in the US Gulf of Mexico. |
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| Trinidad and Tobago’s state NGC Exploration & Production Ltd. last week signed an exploration and production license for the offshore Dragon field with Shell Venezuela SA and Venezuela’s Ministry of Popular Power of Petroleum. |
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| | | Equinor ASA and State Oil Co. of Azerbaijan Republic have reached an agreement by which Equinor will divest all its remaining assets in Azerbaijan to SOCAR. |
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| Petróleo Brasileiro SA has let a 1,064-day fixed-term contract to Seadrill Ltd. for each of the West Auriga and West Polaris drillships for work offshore Brazil. |
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| | State-owned Petroecuador announced that Amistad field’s natural gas production will increase by around 4 MMcfd in January 2024. Amistad currently produces 20.5 MMcfd. |
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| | French producer TotalEnergies SE has started installation of the production platform for the Fenix offshore gas development operated by Total Austral. The arrival earlier this week of the project’s 4,800-ton jacket in Tierra del Fuego inaugurates the second phase of project development, offshore installation. |
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| Harbour Energy PLC has acquired upstream assets from Wintershall Dea for an agreed value of $11.2 billion. |
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| Valeura Energy Inc. discovered new pay while infill drilling at its Nong Yao oil field at shallow-water License G11/48 offshore Thailand. |
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| | | TotalEnergies SE exercised the first option under the Northern Ocean Ltd. Deepsea Mira contract for work in West Africa. |
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| Woodside Energy made a final investment decision to develop the Trion resource in Mexico, 19 miles south of the US-Mexico border and 112 miles from the Mexican coastline in 8,200 ft of water. First oil is targeted for 2028. |
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| | | | Sponsored | | Gas lift system optimization methods described in this book establish that superior economic benefits can be achieved if each component of the whole network is reviewed and optimized, instead of optimizing the well performance alone. This book captures how to optimize gas lifted fields using various modeling tools and communications technologies. This book presents a holistic design that assures a comprehensive system methodology. |
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