Page 20 - DMEA Week 26 2021

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global Like other Russian oil and gas companies,
(NRG), in which the reader is invited to join Novatek is under heightened pressure to reduce
our team of international editors, who provide a the emissions from its products, in order to boost
snapshot of some of the key issues affecting their its environmental, social and governance (ESG)
regional beats. rating and make its gas more attractive to buyers.
We hope you will like NRG’s new concise for-
mat, but by clicking on the headline link for each GLNG: SA rejects LNG-to-power proposals
section the full text will be available as before. South Africa’s Department of Forestry, Fisher-
ies and the Environment (DFFE) has decided
AfrOil: Ghana’s offshore developments against giving Turkey’s Karpowership permis-
Ghana’s offshore zone is in the spotlight this sion to go ahead with three LNG-to-power
week, with Eni (Italy) losing a court case to a projects. DFFE announced its decision in a
local company and state-owned Ghana Oil statement dated June 24.
(GOIL) seeking a new partner to replace Exx-
onMobil (US) in the DW/CTP project. LatAmOil: More time for Ecopetrol’s ISA
Springfield Exploration and Production, a Ecopetrol, Colombia’s national oil company, has
privately owned Ghanaian company, has scored said that the government will extend the period
a victory in its legal battle with Eni over the uni- during which it has the exclusive right to nego-
tisation of two licence areas known as Sankofa tiate for a 51.4% equity stake in Interconexion
and Afina. Electrica, the country’s electricity TSO.
In a statement dated June 24, Ecopetrol
AsianOil: PIS unveils asset upgrade plan reported that the end date of its exclusivity agree-
The shipping arm of Indonesia’s state-owned ment with the Ministry of Finance and Public
Pertamina has unveiled plans to invest $4bn to Credit (MHCP) had been pushed back.
upgrade its vessels and terminals over the next
seven years. MEOG: UAE bid and Iraq talks connectivity
Pertamina International Shipping (PIS) This week MEOG looks at plans by a Pakistani
intends to replace 23 vessels and expand its fleet, consortium to set up a special purpose vehicle
director of business planning Wisnu Medan San- to bid on an exploration block in the UAE, while
toso told Reuters on June 25. Iraq’s Prime Minister has met with regional
counterparts to discuss gas and electricity inter-
connectivity. A group of four Pakistan-based oil
EurOil: Shell moves in on Shearwater and gas companies have formed a consortium to
Royal Dutch Shell looks set to pick up rival BP’s bid for an exploration block advertised by Abu
stake in the Shearwater gas field in the UK North Dhabi National Oil Co. (ADNOC) in its second
Sea, after exercising its right as the project’s competitive bid round in 2019.
operator to match a bid by Tailwind Energy.
Tailwind, backed by private equity group Mer- NorthAmOil: SWN commits to RSG
curia, struck a deal to buy BP’s 27.5% interest in Southwestern Energy announced last week that
the field in May. it had struck a deal with Project Canary to cer-
tify all of its Appalachian Basin shale gas output
FSUOGM: Novatek considers Yamal wind as being responsibly sourced.
Russia’s Novatek is reportedly considering the The company said it would obtain the
construction of a wind farm on the Yamal Pen- responsible sourced gas (RSG) certification
insula in order to limit Scope 2 emissions at its using Project Canary’s TrustWell standards and
Yamal LNG plant. continuous emissions monitoring.™

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P20 www. NEWSBASE .com Week 26 01•July•2021