Page 15 - AsianOil Week 21 2021

AsianOil NEWSBASE ROUNDUP GLOBAL (NRG) AsianOil

This week’s top stories...

NRG Welcome to NewsBase’s Roundup Global complex at the Baltic Sea port of Ust-Luga. The
(NRG), in which the reader is invited to join project, a joint venture between Gazprom and
our team of international editors, who provide a a private Russian partner RusGazDobycha, is
snapshot of some of the key issues affecting their poised to become Russia’s largest gas processing
regional beats. We hope you will like NRG's new facility and one of the world’s largest in terms of
concise format, but by clicking on the headline production volumes.
link for each section the full text will be available
as before. GLNG: Predator prepares Moroccan FSRU bid
UK-BASED Predator Oil & Gas has said in
AfrOil: Major tie-up in Angola an update that it is preparing to submit a bid
THIS week’s AfrOil looks at a strategic tie-up to build and operate a floating storage and
between BP and Eni in Angola, while an industry regasification unit (FSRU) to import LNG
veteran gives his take on the short-term future into Morocco. The company’s Predator Gas
of African E&P. Majors BP and Eni last week Ventures Morocco Branch (PGVMB) subsid-
announced plans to combine their oil and gas iary is preparing to submit the bid in response
interests in Angola through a joint venture that to a call for expressions of interest issued by
would become one of the continent’s largest pro- the Moroccan government, with a deadline of
ducers. Meanwhile, Eskil Jersing, business devel- May 31, 2021.
opment advisor at Eburon Resources, said that
“continued project delays are likely to limit pro- LatAmOil: Enbridge bids for Brazilian pipeline
duction increases and lead to the lowest reserve A consortium led by Canada’s Enbridge
additions since the early 1980s and around 50% has reportedly submitted a bid for Brazil’s
lower than in 2015”. largest natural gas import pipeline. Citing
three sources familiar with the matter, Reu-
DMEA: Tender for Nigerian maintenance ters reported last week that the non-binding
THIS week’s DMEA covers a long-awaited ten- offer had been put in by a group of compa-
der for refinery maintenance in Nigeria and a nies that also includes Belgium’s Fluxys and
contract award to an American firm for flare US-based private equity firm EIG Global
gas recovery in Egypt. The Nigerian National Energy Partners.
Petroleum Corp. (NNPC) launched a tender
for a contract for operations and maintenance MEOG: Iran readies new terminal
(O&M) services at the country’s four state- THIS week’s MEOG looks at the effective com-
owned refineries. pletion of Iran’s new Jask Oil Terminal and
Abu Dhabi’s development of a world-scale blue
Euroil: US concedes on Nord Stream 2 ammonia plant. Following last week’s comple-
THE US has confirmed it will not impose sanc- tion of phase one of the Goreh-Jask oil pipeline,
tions on the Russian company developing the Iran’s new oil terminal on the Sea of Oman is
Nord Stream 2 pipeline – a decision that has been now 98% complete and is ready to begin receiv-
welcomed by both Germany and Russia. The US ing, transferring and exporting crude.
government has instead said it will maintain its
sanctions on the Russian pipelaying vessels that NorthAmOil: Cimarex, Cabot in surprise merger
are building the pipeline, which is now more US shale players Cabot Oil & Gas and Cimarex
than 95% complete. Energy have announced a merger of equals
valued at roughly $7.4bn. The all-stock trans-
FSU OGM: Gazprom starts on Baltic gas complex action will create a company with an enter-
RUSSIA’S Gazprom has formally started con- prise value of around $17bn, to be named at
struction on a major gas processing and LNG a later date.™

Week 21 27•May•2021 www. NEWSBASE .com P15