Page 17 - EurOil Week 21 2021

EurOil NEWSBASE ROUNDUP GLOBAL (NRG) EurOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global GLNG: Predator Prepares Moroccan FSRU
(NRG), in which the reader is invited to join Bid
our team of international editors, who provide a UK-based Predator Oil & Gas has said in an
snapshot of some of the key issues affecting their update that it is preparing to submit a bid to build
regional beats. We hope you will like NRG's new and operate a floating storage and regasification
concise format, but by clicking on the headline unit (FSRU) to import LNG into Morocco.
link for each section the full text will be available The company’s Predator Gas Ventures
as before. Morocco Branch (PGVMB) subsidiary is pre-
paring to submit the bid in response to a call
AfrOil: Major Tie-Up In Angola for expressions of interest (EoIs) issued by the
This week’s AfrOil looks at a strategic tie-up Moroccan government, with a deadline of May
between BP and Eni in Angola, while an industry 31, 2021.
veteran gives his take on the short-term future of
African E&P. LatAmOil: Peru LNG halts production
Majors BP and Eni last week announced The Peru LNG consortium has suspended
plans to combine their oil and gas interests in operations at its natural gas liquefaction plant
Angola through a joint venture (JV) that would in Pampa Melchorita, citing an issue with one
become one of the continent’s largest producers. of its compressors. Jeanne Phillips, a senior
vice-president at Hunt Oil, the leader of Peru
AsianOil: India’s Gas Production Climbs In LNG, confirmed the shutdown last week and
April, While Oil Output Slides indicated that the consortium had taken the
India recorded a significant jump in its natural plant offline on or about May 7.
gas production in April, even as its crude oil out-
put continued to slide. MEOG: Iran Readies New Terminal
The country produced 2.65bn cubic metres This week’s MEOG looks at the effective com-
of gas last month, up 22.7% from the 2.16 bcm pletion of Iran’s new Jask Oil Terminal and
produced in April 2020, the Indian Ministry of Abu Dhabi’s development of a world-scale blue
Petroleum and Natural Gas revealed on May 21. ammonia plant.
Following last week’s completion of phase one
DMEA: Tender For Nigerian Maintenance of the Goreh-Jask oil pipeline, Iran’s new oil ter-
This week’s DMEA covers a long-awaited ten- minal on the Sea of Oman is now 98% complete
der for refinery maintenance in Nigeria and a and is ready to begin receiving, transferring and
contract award to an American firm for flare gas exporting crude.
recovery in Egypt.
The Nigerian National Petroleum Corp. NorthAmOil: Cimarex, Cabot Announce
(NNPC) launched a tender for a contract for Surprise Merger
operations and maintenance (O&M) services at US shale players Cabot Oil & Gas and
the country’s four state-owned refineries. Cimarex Energy have announced a merger
of equals valued at roughly $7.4bn. The all-
FSUOGM: Gazprom Starts On Baltic Gas stock transaction will create a company with
Complex an enterprise value of around $17bn, to be
Russia’s Gazprom has formally started con- named at a later date. See the archive and
struction on a major gas processing and LNG The transaction has been described as sign up to receive
complex at the Baltic Sea port of Ust-Luga. a surprising one, given the lack of over- *NRG Editor’s Picks*
The project, a joint venture between Gaz- lap between the two companies’ opera- for free by email each
prom and a private Russian partner Rus- tions. Cabot is a Marcellus shale-focused week here
GazDobycha, is poised to become Russia’s gas driller, while Cimarex produces pre-
largest gas processing facility and one of dominantly tight oil, with its assets mainly
the world’s largest in terms of production located in the Permian Basin and the US
volumes. Mid-Continent.™

Week 21 27•May•2021 www. NEWSBASE .com P17