Page 5 - NorthAmOil Week 46
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                         According to Timipre Sylva, the country’s Min-  migration and pressure build-up.”
                         ister of State for Petroleum Resources, Abuja has   The developer experienced a blowout at the
                         a good chance of securing the passage of the law  well on May 27 after it tried to bring a new reser-
                         before the end of the first quarter of 2021.  voir on stream. This led to “uncontrollable” flows
                           In related news, the Nigeria LNG (NLNG) con-  of gas and condensate that eventually caught
                         sortium has said it expects to raise the volume of  fire the following month, killing two OIL fire-
                         LPG reserved for the domestic market to 450,000  fighters and destroying roughly 30 homes. OIL
                         tonnes in 2021, up from current levels of 350,000  only managed to get the well fire under control
                         tonnes per year (tpy). The increase is in line with  in mid-September, with Hazarika noting at the
                         the federal government’s efforts to promote the use  time that well-killing operations were due to
                         of LPG as cooking gas, said Tony Attah, NLNG’s  begin within three-four weeks.
                         managing director.                     The company’s slow pace in terms of tackling
                           Meanwhile, the government of Ghana has  the well fire has attracted criticism from the gov-
                         reportedly ordered Eni of Italy to unitise the off-  ernment, while also triggering local protests.
                         shore Sankofa field with Afina, a licence area   A government-ordered investigation into the
                         assigned to a private Ghanaian company, Spring-  blowout and subsequent explosion of the well
                         field Exploration and Production. In a letter viewed  slammed the company’s response to the disaster
                         last week by Bloomberg, Energy Minister John-Pe-  in July. The commission said OIL had not only
                         ter Amewu said that his ministry was issuing this  failed to properly plan, execute and supervise a
                         demand because the two companies had failed to  number of critical operations but had also failed
                         work out a joint plan for development, in line with  to secure several government approvals prior to
                         previous instructions from Accra.    spudding the well almost a decade and a half ago.
                           Further west, a new investor is set to join the   Protesters, meanwhile, have frequently dis-
                         consortium that is developing the Sangomar oil-  rupted work at the company’s drill sites and
                         field offshore Senegal. Australia’s FAR Ltd said last  workover locations across the state. This has led
                         week that it had agreed to sell its 15% stake in RSSD  to lost oil and gas production, with the company
                         to India’s ONGC Videsh Ltd (OVL) for $45mn,  in its quarterly financial results released last week
                         with the possibility of further payments following  stating that the disaster had cost it more than
                         the start of production. The proceeds of the deal  $30.5mn as of late September.
                         will allow FAR to make up for its failure to pay its   Despite various operational pressures, the
                         own share of expenses over the last few months.  company announced a new gas discovery last
                                                              week. OIL said on November 13 that it had
                         If you’d like to read more about the key events shaping   struck a gas via the Dinjan-1 well in its Tinsukia
                         Africa’s oil and gas sector then please click here for   petroleum mining lease (PML), which is located
                         NewsBase’s AfrOil Monitor .          in the Upper Assam Basin. The discovery, made
                                                              at some point in the first half of financial year
                         Asia: OIL extinguishes well fire     2020-2021, flowed at a rate of 115,000 cubic
                         State-run Oil India Ltd (OIL) has finally extin-  metres per day during testing.
                         guished the well fire at Baghjan, a natural gas and
                         condensate field in Assam State, more than five   If you’d like to read more about the key events shaping
                         months after the initial explosion. OIL spokes-  Asia’s oil and gas sector then please click here for
                         man Tridiv Hazarika said on November 15   NewsBase’s AsianOil Monitor .
                         that the fire, which started on June 9, had been
                         “doused completely” and that the company was  DMEA: BP downsizes GTA plans
                         working to cap the Baghjan-5 well.   BP and other investors in the Greater Tortue
                           He said: “The well has been killed with brine  Ahmeyim (GTA) LNG project offshore Senegal
                         solution and is under control now. There is no  and Mauritania have scaled back their expansion
                         pressure in the well now, and it will be observed  plans in order to reduce costs, Houston-based
                         for 24 hours to check if there is any amount of gas  partner Kosmos Energy has said.



       Week 46   19•November•2020               www. NEWSBASE .com                                              P5
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