Page 16 - MEOG Week 35 2021

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global policy would be “detrimental, environmentally.”
(NRG), in which the reader is invited to join The UK government faces calls to adopt a
our team of international editors, who provide a tougher stance towards continued oil and gas
snapshot of some of the key issues affecting their extraction, with the head of Labour opposition
regional beats. party Sir Keir Starmer recently urging a “hard-
We hope you enjoy NRG’s new concise for- edged timetable” to be set for ceasing production.
mat, but by clicking on the headline link for each
section the full text will be available as before. FSUOGM: Nord Stream 2 delivery plans
Russia’s most influential oilman Igor Sechin,
AfrOil: AfDB optimistic about Moz LNG head of state oil group Rosneft, is once again
Akinwumi Adesina, the president of the African pushing the government to allow the company
Development Bank (AfDB), has said he believes to export gas by pipeline, in spite of Gazprom’s
that TotalEnergies (France) will be able to monopoly over these supplies, Kommersant
resume work on the Mozambique LNG in about reported on August 27.
12-18 months. Rosneft, though mainly focused on oil, has
Adesina indicated last week that he expected been working for years to build up its natural gas
security conditions in Cabo Delgado, Mozam- business, to provide a hedge against oil market
bique’s northernmost province, to improve fol- volatility.
lowing the deployment of troops from Rwanda
and from member states of the Southern African GLNG: Indonesia approves plans
Development Community (SADC). Indonesian regulator SKK Migas has approved
the development plan for an expansion and a
AsianOil: Pertamina set for Gajah Besar carbon capture, utilisation and storage (CCUS)
Indonesia’s state-owned Pertamina has secured project at BP’s Tangguh LNG export complex in
regulatory approval for its plan of development Papua Barat.
for the Gajah Besar natural gas and condensate The plan involves the development of the
field onshore South Sumatra. Ubadari natural gas field, as well as output being
SKK Migas planning deputy Benny Lubian- raised at the Vorwata gas field thanks to the use
tara said in an August 29 statement that Pertam- of CCUS.
ina EP intended to invest $15.5mn in drilling
three development wells, reworking another LatAmOil: Narrowing Brazil’s bid round
well and constructing pipeline from producing Brazil’s national oil company Petrobras has
wells to the Paku Gajah compression system. been asked by a group of shareholders to elim-
inate more auctions scheduled to take place on
DMEA: Kuwait extends CFP contract October 7.
This week’s DMEA looks at Kuwait’s move to The group in question is Anapetro, an associ-
extend a consultancy contract following pro- ation formed by Petrobras employees who own
ject overruns at a key refining development and stock in the NOC. In a public letter, the associ-
Iran’s appointment of a new oil minister. ation urged Petrobras to reduce the number of
Kuwait Petroleum Corp.’s downstream-fo- offshore blocks in the 17th Bidding Round from
cused subsidiary this week extended a project 92 to 78.
management consultancy contract for the emir-
ate’s recently completed refinery overhaul pro- NorthAmOil: Hurricane disruption
ject. Meanwhile, Javad Owji has replaced Bijan Production in the US Gulf of Mexico and coastal
Zanganeh as Iran’s new Oil Minister, following downstream operations alike were severely dis-
his proposal for the role last month by incoming rupted by Hurricane Ida this week, which made
President Ebrahim Raisi. landfall in Louisiana as a Category 4 hurricane
on August 29.
EurOil: Wood warns against end of oil According to the US Bureau of Safety and
UK oil tycoon Ian Wood has warned that it Environmental Enforcement (BSEE), 94.6% of
would be “absolutely crazy” for the UK to call Gulf oil production and 93.6% of gas output had
time on oil exploration, adding that such as a been shut in as of August 30.™

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P16 www. NEWSBASE .com Week 35 01•September•2021