Page 17 - FSUOGM Week 48 2021

FSUOGM NEWSBASE ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global Sources said that advisors to the company’s
(NRG), in which the reader is invited to join private equity backers, Carlyle Group and CVC
our team of international editors, who provide a Capital Partners, had requested takeover bids
snapshot of some of the key issues affecting their from interested parties next month. Delibera-
regional beats. We hope you will like NRG's new tions continue and Neptune’s owners could still
concise format, but by clicking on the headline decide against a divestment. They could instead
link for each section the full text will be available decide to list the company.
as before.
GLNG: McDermott Reports Completion Of
AfrOil: Kenya Dismisses Rumours On Net-Zero LNG Construction Study For Shell
LAPSSET Land Acquisition McDermott International said this week that
Kenya’s government is seeking to deny it had recently completed a study for Shell
reports that it has already begun the pro- Global Solutions International, aimed at
cess of land acquisition in Turkana County reducing greenhouse gas (GHG) emissions
for the Lokichar-Lamu Crude Oil Pipeline during the construction of LNG projects.
(LLCOP) project, a component of the Lamu The study identifies “tangible reduction
Port-South Sudan Ethiopia Transport Corri- pathways” with an ultimate aim of net-zero
dor (LAPSSET) initiative. emissions during the construction phase of
James Long’ole, the National Land Com- LNG projects, McDermott stated.
mission (NLC) co-ordinator for Turkana,
took note last week of rumours that gov- LatAmOil: Eco Hopes For Light Oil Find At
ernment officials had already identified Orinduik
516 landowners who would be affected by UK-based Eco (Atlantic) Oil & Gas has
LLCOP. These reports are incorrect, and the expressed optimism about the prospects for
number 516 refers to something else, he was a major discovery at the Orinduik block off-
quoted as saying by The Nation. shore Guyana, noting that the eastern sec-
tion of the licence area is very close to several
AsianOil: Australia Releases 20-Year Gas fields within the neighbouring Stabroek
Sector Strategy block.
The Australian government released its Eco, a minority shareholder in the Orin-
first full National Gas Infrastructure Plan duik consortium, said last week that it was
(NGIP), alongside the Future Gas Infra- working with its partners to update the
structure Investment Framework, late last inventory of drilling targets and to choose
week. exploration drilling sites. The consortium
The government said on November 26 hopes to make a final selection and begin
that the plan and the framework were part preparations for drilling in the near future,
of Prime Minister Scott Morison’s “gas-led it stated.
recovery” strategy and that they would
secure national gas supplies over the next
20 years. MEOG: Major Field Development Plans
In this week’s MEOG we look at plans for the
DMEA: Aramco Denies Deal Is Dead development of two of the region’s biggest
Saudi Aramco’s president and CEO this week oil and gas fields – Rumaila and South Pars.
rejected that talks for a major downstream Iraqi officials last week attended a cere-
tie-up between the company and India’s Reli- mony to inaugurate the new Basra Energy
ance Industries Ltd (RIL) had been scrapped. Company Ltd (BEC) joint venture (JV)
Speaking to Arab News, Amin Nasser said between BP and PetroChina, which has
that the talks had been paused while Reli- taken over as the main contractor for the
ance carries out a restructuring process, development of the super-giant Rumaila
adding that they would “continue to discuss oilfield.
further with them in the future after they
finish the restructuring”. NorthAmOil: Canadian Regulator Rejects
Enbridge’s Mainline Contracting Plan
EurOil: Neptune Owners Reportedly Mull The Canada Energy Regulator (CER) has
Sale rejected pipeline operator Enbridge’s proposal
The owners of leading North Sea player to change how it allocates capacity on its Main- See the archive and
Neptune Energy are considering a sale of line system. Under the plan, 90% of the capac- sign up to receive
the business, sources told Bloomberg on ity would have been sold under long-term *NRG Editor’s Picks*
November 14, with the hope of raising as contracts rather than allocated on a monthly for free by email each
much as $5bn. basis as before. week here

Week 48 01•December•2021 www. NEWSBASE .com P17