Page 18 - AsianOil Week 26 2021

AsianOil NEWSBASE ROUNDUP GLOBAL (NRG) AsianOil

This week’s top stories...

NRG Welcome to NewsBase’s Roundup Global pressure to reduce the emissions from its prod-
(NRG), in which the reader is invited to join ucts, in order to boost its environmental, social
our team of international editors, who provide a and governance (ESG) rating and make its gas
snapshot of some of the key issues affecting their more attractive to buyers.
regional beats. We hope you will like NRG's new
concise format, but by clicking on the headline GLNG: SA rejects Karpowership LNG application
link for each section the full text will be available SOUTH Africa’s Department of Forestry, Fish-
as before. eries and the Environment (DFFE) has decided
against giving Turkey’s Karpowership permis-
AfrOil: Developments in Ghana’s offshore sion to go ahead with three LNG-to-power
GHANA’S offshore zone is in the spotlight this projects. DFFE announced its decision in a state-
week, with Eni (Italy) losing a court case to a ment dated June 24.
local company and state-owned Ghana Oil
(GOIL) seeking a new partner to replace Exxon- LatAmOil: Ecopetrol gets more ISA prep time
Mobil (US) in the DW/CTP project. Springfield ECOPETROL, Colombia’s national oil com-
Exploration and Production, a privately owned pany, has said that the government will extend
Ghanaian company, has scored a victory in its the period during which it has the exclusive right
legal battle with Eni over the unitisation of two to negotiate for a 51.4% equity stake in Intercon-
licence areas known as Sankofa and Afina. exion Electrica, the country’s electricity TSO. In
a statement dated June 24, Ecopetrol reported
DMEA: Eyes on fuel sources that the end date of its exclusivity agreement
THIS week’s DMEA looks at Saudi Aramco’s with the Ministry of Finance and Public Credit
plans to play a major role in the nascent blue (MHCP) had been pushed back to August 31.
hydrogen sector and Angola hiring two firms to
provide more traditional fuels over the next 12 MEOG: UAE bid, Iraq talks connectivity
months. State-owned Saudi Aramco this week THIS week MEOG looks at plans by a Pakistani
spoke of plans to be a major player in the emerg- consortium to set up a special purpose vehicle
ing blue hydrogen market, though it reiterated to bid on an exploration block in the UAE, while
that it does not anticipate significant growth in Iraq’s Prime Minister has met with regional
the sector until the end of the decade. Mean- counterparts to discuss gas and electricity inter-
while, Angola’s state-owned Sonangol this week connectivity. A group of four Pakistan-based oil
announced that it had contracted Vitol and Total and gas companies have formed a consortium to
Trading SA (TOTSA) – a subsidiary of France’s bid for an exploration block advertised by Abu
TotalEnergies – to import gasoline and diesel for Dhabi National Oil Co. (ADNOC) in its second
the next year. competitive bid round in 2019. Meanwhile, fol-
lowing a meeting with Jordan’s King Abdullah II
Euroil: Shell eyes BP Shearwater position and Egyptian President el-Sisi, the office of Iraqi
ROYAL Dutch Shell looks set to pick up rival PM al-Kadhimi said: “This visit is an important
BP’s stake in the Shearwater gas field in the UK message to our people that we are mutually sup-
North Sea, after exercising its right as the pro- portive and unified to serve our people and the
ject’s operator to match a bid by Tailwind Energy. people of the region.”
Tailwind, backed by private equity group Mer-
curia, struck a deal to buy BP’s 27.5% interest in NorthAmOil: Southwestern commits to RSG
the field in May. SOUTHWESTERN Energy announced last
week that it had struck a deal with Project
FSU OGM: Novatek mulls Yamal wind power Canary to certify all of its Appalachian Basin
RUSSIA’S Novatek is reportedly considering shale gas output as being responsibly sourced.
the construction of a wind farm on the Yamal The company said it would obtain the responsi-
Peninsula in order to limit Scope 2 emissions at ble sourced gas (RSG) certification using Project
its Yamal LNG plant. Like other Russian oil and Canary’s TrustWell standards and continuous
gas companies, Novatek is under heightened emissions monitoring.™

P18 www. NEWSBASE .com Week 26 01•July•2021