Page 13 - AsianOil Week 39 2022

AsianOil NEWSBASE ROUNDUP GLOBAL (NRG) AsianOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global The leaks were reported by the Danish
(NRG), in which the reader is invited to join authorities, which ordered ships to maintain
our team of international editors, who provide a a five-kilometre radius away from the pipe-
snapshot of some of the key issues affecting their lines that run under the Baltic Sea through
regional beats. We hope you will like NRG's new Danish waters, describing the area as “dan-
concise format, but by clicking on the headline gerous for ship traffic.”
link for each section the full text will be available
as before. GLNG: Germany Aims To Sign LNG Supply
Deals With UAE
AfrOil: Sonatrach CEO Says Algeria Can Germany’s Economic Affairs and Climate
Meet Italian Gas Supply Pledges Action Minister Robert Habeck said on Sep-
Algeria will be able to supply Italy with at tember 19 that Chancellor Olaf Scholz was
least 25bn cubic metres of natural gas this set to sign contracts for LNG supplies during
year, said Tewfik Hakkar, the CEO of the an upcoming trip to the UAE.
national oil company (NOC) Sonatrach, Speaking during a trip to Lubmin, where
following reports that the North African new LNG import facilities will be built in the
country might not be able to uphold its com- near future, Habeck said the UAE could help
mitment to increase deliveries. Germany diversify its slate of natural gas
suppliers.
DMEA: ARIA Commodities To Build New
Downstream Facilities In HFZA LatAmOil: Ecopetrol Requests 90-Day Sus-
UAE-based ARIA Commodities has pension Of Fracking Projects
announced plans to invest AED154mn Colombia’s national oil company (NOC)
($41.93mn) in the construction of four new Ecopetrol has asked ANH, the country’s oil
downstream and petrochemical facilities in and gas regulator, to suspend its contracts
the Hamriyah Free Zone (HFZA) in Sharjah. for the Kale and Platero unconventional
Company executives unveiled the plan fields for 90 days in the face of mounting
during a ceremony marking the signing resistance from environmental groups.
of a lease agreement between HFZA and Ecopetrol had been planning to carry
ARIA Group, the parent company of ARIA out pilot projects at the two sites, which are
Commodities. located in Santander Province, in collabo-
ration with the US company ExxonMobil.
EurOil: UK Government Set To Fast-Track
Key Oil And Gas Projects MEOG: Arabian Drilling Prepares For IPO
The UK government of new Prime Minister Saudi firm Arabian Drilling Co., owned
Liz Truss has announced plans to fast-track by the local Industrialization & Energy
the development of new oil and gas fields, Services Co. (TAQA, 51%) and Schlum-
including the giant Cambo oil deposit west berger (49%), has appointed banks to
of the Shetland Islands, under a new mini- manage its initial public offering (IPO).
budget announced on September 3. The company released a statement saying
Like her predecessor Boris Johnson, it would sell 26.7mn shares, 30% of the
Truss, who took office in early September, total, when it lists on the local Tadawul
has positioned the development of more All Share Index (TASI) – the Riyadh stock
home-grown energy supply as a centrepiece exchange.
in her policy, as UK households and busi-
nesses cope with soaring energy costs. NorthAmOil: Talos To Expand Gulf Holdings
With EnVen Acquisition
FSUOGM: Pressure Drops In Nord Stream Talos Energy announced on September
Pipelines As Gas Leaks Into Sea 22 that it had agreed to acquire privately
Pressure fell in both branches of the Nord owned US Gulf of Mexico operator EnVen See the archive and
Stream gas pipeline from the giant Russian for $1.1bn. sign up to receive
Yamal Arctic gas fields to Germany on the Houston-based Talos says it was already *NRG Editor’s Picks*
evening of September 26, reportedly due to one of the Gulf’s largest publicly listed inde- for free by email each
a leak in the NS2 pipeline. pendent producers prior to the acquisition. week here

Week 39 05•October•2022 www. NEWSBASE .com P13