Page 17 - DMEA Week 47 2022

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global in October, Finland’s Centre for Research on
(NRG), in which the reader is invited to join our Energy and Clean Air (CREA) said in research
team of international editors, as they provide a published on November 16.
snapshot of some of the key issues affecting their
regional beats. We hope you will like NRG’s new GLNG: African NGOs call for suspension
concise format, but by clicking on the headline of Tema LNG project in Ghana
link for each section the full text will be available A group of African non-governmental organ-
as before. isations (NGOs) has called for the suspension
of the Tema LNG project in Ghana, arguing
AfrOil: Eni, CNOOC submit bids for six that the deal could end up costing the country
blocks offshore Mozambique $1.5bn. Tema LNG, whose operator is backed by
Mozambique’s sixth licensing round has Helios Investment Partners of the UK and Afri-
attracted a total of six bids, with Italy’s Eni can Infrastructure Investment Managers (AIIM)
making an offer for one offshore block in the of the Netherlands, is key to Ghana’s plans to
Angoche basin and China National Offshore become a gas hub.
Operating Corp. (CNOOC) making offers for
five blocks in the Angoche and Save basins, the LatAmOil: Suriname launches deepwater
National Petroleum Institute (INP) has said. bidding round
Staatsolie Hydrocarbon Institute (SHI), a subsid-
AsianOil: Petroleum Sarawak plans four iary of Suriname’s national oil company (NOC)
gas hubs over next decade Staatsolie, launched a new licensing round cov-
The Malaysian state of Sarawak on the island of ering 43,956 square km of deepwater acreage on
Borneo intends to build four gas hubs across its the Demerara Plateau on November 8. SHI has
territory over the next 10 years in accordance invited both NOCs and international oil com-
with its Gas Roadmap. State-owned oil and gas panies (IOCs) to submit offers for the six blocks
company Petroleum Sarawak Bhd (Petros) will included in the Demerara Bidding Round.
invest MYR65bn ($14.3bn) to build gas hubs in
Miri, Samalaju, Bintulu and Kuching. MEOG: POGC to drill more at South Pars
Iran’s state-owned Pars Oil and Gas Co. (POGC)
EurOil: Norwegian producers expanding will drill 35 new wells to maintain and expand
investment projections gas production from the South Pars gas field.
Norwegian oil and gas companies have increased Speaking to the Ministry of Petroleum’s Shana
their projections for investment in 2022, eager to news agency, Shobeir Nabavi, POGC’s deputy
exploit the remaining time available for projects head of Reservoir Operations Engineering, said
to receive tax incentives, the country’s statistics the company has obtained the necessary permits
office said on November 17. Producers are now from the ministry to spud 35 new wells at the
expected to invest NOK175.3bn ($17.4bn) in the field within the next two or three years.
country’s offshore oil and gas fields this year, ver-
sus an August forecast of NOK172.8bn. NorthAmOil: Biden announces tighter
methane rule for US oil and gas industry
FSU OGM: Russian fossil fuel exports The Biden administration has unveiled a pro-
slump in October posed tighter methane rule for the oil and gas
Russian fossil fuel exports slumped in October sector as the US races to cut greenhouse gas
to their lowest level since the start of Moscow’s (GHG) emissions. Methane, the major com-
invasion of Ukraine, a Finnish think-tank has ponent of natural gas and which can leak from
estimated. Revenues came to €21bn ($22bn) pipelines, is an especially potent GHG. ™

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Week 47 24•November•2022 www. NEWSBASE .com P17