Page 18 - DMEA Week 01 2023

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global is looking to scale back its energy war against
(NRG), in which the reader is invited to join our Europe. Russian President Vladimir Putin had
team of international editors, as they provide a issued a decree at the end of last March requiring
snapshot of some of the key issues affecting their Gazprom’s customers in “unfriendly” countries
regional beats. We hope you will like NRG’s new to pay for their gas supply in rubles.
concise format, but by clicking on the headline
link for each section the full text will be available GLNG: Sempra signs offtake deal with
as before. Port Arthur LNG
Sempra has announced an offtake agreement
AfrOil: Afentra’s acquisition of Angolan with Engie for LNG from Sempra’s proposed
assets delayed until early 2023 Port Arthur LNG facility. For 15 years, Engie
AIM-listed Afentra said in mid-December 14 will receive some 875,000 tonnes per year (tpy) of
that it did not expect to finalise the acquisition LNG from the Port Arthur LNG Phase I project,
of minority stakes in two sites, Block 3/05 and on the Gulf of Mexico. The gas liquefaction plant
Block 23, offshore Angola before the end of is owned by Sempra Infrastructure, a subsidiary
2022.. It explained that talks on the extension of of Sempra.
the Block 3/05 PSA were ongoing and unlikely to
be completed by year-end. LatAmOil: Guyana starts accepting bids
for 14 deepwater blocks
AsianOil: Tokyo seeks continued war Guyana’s President Irfaan Ali formally marked
coverage for LNG in Russian waters the opening of the country’s first deepwater off-
Japan has asked the country’s insurers to take shore bidding round on December 9. George-
on extra risk to continue providing marine war town is now accepting bids from local firms,
insurance for LNG carriers in Russian waters. national oil companies (NOCs) and interna-
Tokio Marine & Nichido Fire Insurance, Sompo tional oil companies (IOCs) on 14 offshore
Japan Insurance and Mitsui Sumitomo Insur- blocks that may hold as much as 25bn barrels of
ance on December 23 told shipowners that they oil equivalent (boe), Ali declared.
would stop covering damage suffered by ships in
Russian wars from the start of this year. MEOG: TotalEnergies, Eni to drill at
Lebanon’s Block 9 in 2023
EurOil: European gas prices return to France’s TotalEnergies and Italian partner Eni
pre-war levels are laying the groundwork for the drilling of a
European gas prices have fallen to the lowest well in Block 9 offshore Lebanon. The teams in
level since before Russia’s invasion of Ukraine last charge of Block 9 operations have been mobi-
February, as the continent enjoys a milder-than- lised and bids had been sought for a drilling rig,
usual winter and ample LNG supply. The front- with a unit to be chosen during Q1 2023.
month TTF contract closed at €72.3 per MWh
($817 per 1,000 cubic metres) on January 3, rep- NorthAmOil: Marathon closes purchase
resenting its lowest level since mid-February. of Ensign’s Eagle Ford assets for $3bn
Marathon Oil has closed the acquisition from
FSU OGM: Kremlin lets gas buyers pay Ensign Natural Resources of Eagle Ford shale
in euros as energy crisis starts to ease acreage for $3bn in cash. The deal had been
Russia has amended the law to allow natural announced in early November. The assets
gas buyers in so-called “unfriendly” Western nearly double Marathon’s Eagle Ford position
countries to pay their debts for supply in for- to 290,000 net acres (117,350 hectares) and are
eign currencies, in a possible sign that Moscow adjacent to the firm’s existing Eagle Ford wells. ™

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P18 www. NEWSBASE .com Week 01 05•January•2023