Page 17 - EurOil Week 05 2022

EurOil NEWSBASE ROUNDUP GLOBAL (NRG) EurOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global long-held goal of producing 2mn boepd of
(NRG), in which the reader is invited to join oil and gas by the end of last year. This was
our team of international editors, who provide a after the company commissioned a number
snapshot of some of the key issues affecting their of key projects during the year, including the
regional beats. We hope you will like NRG's new Tazovskoye oilfield in Western Siberia.
concise format, but by clicking on the headline
link for each section the full text will be available GLNG: Gastrade Reaches FID On Alexan-
as before. droupolis LNG
Greece’s Gastrade announced on January 28
AfrOil: TotalEnergies Hopes To Resume that it had made a final investment decision
Mozambique LNG Project In 2022 (FID) on the Alexandroupolis LNG import
Patrick Pouyanné, the CEO of TotalEnergies terminal.
(France), hopes to see work on the $20bn The floating LNG (FLNG) project, off the
Mozambique LNG project resume before the coast of Alexandroupolis, will have the capac-
end of this year. ity to import up to 5.5bn cubic metres per year
Speaking during a visit to Maputo on Jan- of gas. It will be Greece’s second LNG import
uary 31, Pouyanné stressed that the French terminal.
major was still waiting for security condi-
tions to improve in Cabo Delgado Province, LatAmOil: Peru Bars Repsol From Unload-
where the Mozambique LNG consortium has ing Oil At La Pampilla
already begun building its onshore complex. Peru’s Environment Minister Ruben
Ramirez said on January 31 that Repsol
AsianOil: Malaysia Launches 2022 Licens- (Spain) would not be permitted to take
ing Round delivery of feedstock for its La Pampilla
Malaysia’s state-owned Petronas launched refinery until it could provide adequate
the country’s 2022 licensing round on Jan- technical guarantees with respect to its
uary 27. Under the Malaysia Bid Round ability to handle oil spills.
(MBR) 2022, 14 exploration blocks, six Ramirez declared that the Spanish com-
clusters of discovered resource opportuni- pany was already performing inadequately,
ties (DRO) and one cluster of late-life assets as evidenced by the spill that occurred at one
(LLA) are on offer. of the four moorings it operates at La Pam-
Additionally, Petronas is offering techni- pilla on January 15.
cal study arrangements for two exploration
areas in the Malay and Sabah basins. MEOG: Kuwait Keeps Moving Upstream
This week’s MEOG looks at the various
DMEA: MEA Refining Concerns projects under development by Kuwait as it
In DMEA this week, we look at concerning seeks to achieve lofty oil production capacity
developments relating to refinery projects in targets.
Kuwait and Nigeria. State-owned Kuwait Oil Co. (KOC) is
Downstream-focused Kuwait National expected to issue tenders for high-pressure
Petroleum Co. (KNPC) this week dealt with water injection to increase oil production
the second major fire at its 346,000 barrel per from northern oilfields.
day (bpd) Mina Al-Ahmadi refinery since
October. NorthAmOil: ConocoPhillips To Sell Certain
Permian Assets To Maverick
FSUOGM: Gazprom Neft To Lead Russian US-based ConocoPhillips has agreed to sell
Output Growth certain assets in the Permian Basin to pri-
Gazprom Neft aims to be producing 3mn vately owned Maverick Natural Resources for See the archive and
barrels of oil equivalent per day (boepd) by $440mn. sign up to receive
2025, the company’s CEO Alexander Dyu- The producing assets are located in the Per- *NRG Editor’s Picks*
kov announced last week, which would put mian’s Central Basin Platform and Northwest for free by email each
it on a faster growth trajectory than any of Shelf areas, spanning roughly 144,500 net acres week here
its peers. (585 square km) across Texas’ Andrews and
The oil arm of state-owned Gazprom said Ector counties and New Mexico’s Eddy and
in mid-December that it would reach its Lea counties.

Week 05 03•February•2022 www. NEWSBASE .com P17