Page 13 - EurOil Week 39 2022

EurOil NEWSBASE ROUNDUP GLOBAL (NRG) EurOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global authorities, which ordered ships to maintain
(NRG), in which the reader is invited to join a five-kilometre radius away from the pipe-
our team of international editors, who provide a lines that run under the Baltic Sea through
snapshot of some of the key issues affecting their Danish waters, describing the area as “dan-
regional beats. We hope you will like NRG's new gerous for ship traffic.”
concise format, but by clicking on the headline
link for each section the full text will be available GLNG: Germany Aims To Sign LNG Supply
as before. Deals With UAE
Germany’s Economic Affairs and Climate
AfrOil: Sonatrach CEO Says Algeria Can Action Minister Robert Habeck said on Sep-
Meet Italian Gas Supply Pledges tember 19 that Chancellor Olaf Scholz was
Algeria will be able to supply Italy with at set to sign contracts for LNG supplies during
least 25bn cubic metres of natural gas this an upcoming trip to the UAE.
year, said Tewfik Hakkar, the CEO of the Speaking during a trip to Lubmin, where
national oil company (NOC) Sonatrach, new LNG import facilities will be built in the
following reports that the North African near future, Habeck said the UAE could help
country might not be able to uphold its com- Germany diversify its slate of natural gas
mitment to increase deliveries. suppliers.

AsianOil: Mubadala Makes Gas Find Off LatAmOil: Ecopetrol Requests 90-Day Sus-
Malaysia pension Of Fracking Projects
UAE-based Mubadala Petroleum and its Colombia’s national oil company (NOC)
partners Shell and Malaysia’s Petronas have Ecopetrol has asked ANH, the country’s oil
made a sizable natural gas discovery at Block and gas regulator, to suspend its contracts
SK320 off the coast of Bintulu, Sarawak, in for the Kale and Platero unconventional
Malaysia, Petronas said on September 20. fields for 90 days in the face of mounting
The discovery was made with a well resistance from environmental groups.
drilled to a depth of 1,680 metres. The well Ecopetrol had been planning to carry
encountered a gas column more than 110 out pilot projects at the two sites, which are
metres in length, in good-quality carbonate located in Santander Province, in collabo-
reservoirs. ration with the US company ExxonMobil.

DMEA: ARIA Commodities To Build New MEOG: Arabian Drilling Prepares For IPO
Downstream Facilities In HFZA Saudi firm Arabian Drilling Co., owned
UAE-based ARIA Commodities has by the local Industrialization & Energy
announced plans to invest AED154mn Services Co. (TAQA, 51%) and Schlum-
($41.93mn) in the construction of four new berger (49%), has appointed banks to
downstream and petrochemical facilities in manage its initial public offering (IPO).
the Hamriyah Free Zone (HFZA) in Sharjah. The company released a statement saying
Company executives unveiled the plan it would sell 26.7mn shares, 30% of the
during a ceremony marking the signing total, when it lists on the local Tadawul
of a lease agreement between HFZA and All Share Index (TASI) – the Riyadh stock
ARIA Group, the parent company of ARIA exchange.
Commodities.
NorthAmOil: Talos To Expand Gulf Holdings
FSUOGM: Pressure Drops In Nord Stream With EnVen Acquisition
Pipelines As Gas Leaks Into Sea Talos Energy announced on September
Pressure fell in both branches of the Nord 22 that it had agreed to acquire privately
Stream gas pipeline from the giant Russian owned US Gulf of Mexico operator EnVen See the archive and
Yamal Arctic gas fields to Germany on the for $1.1bn. sign up to receive
evening of September 26, reportedly due to Houston-based Talos says it was already *NRG Editor’s Picks*
a leak in the NS2 pipeline. one of the Gulf’s largest publicly listed inde- for free by email each
The leaks were reported by the Danish pendent producers prior to the acquisition. week here

Week 39 30•September•2022 www. NEWSBASE .com P13