Page 14 - NorthAmOil Week 19 2021

NorthAmOil NEWSBASE’S ROUNDUP GLOBAL (NRG) NorthAmOil

NewsBase’s Roundup Global (NRG)

GLOBAL WELCOME to NewsBase’s Roundup Global region, paying an unusually high $240mn for
(NRG), in which the reader is invited to join the licence. Rosnedra invited bids starting at
our team of international editors, who provide a RUB697mn ($9.45mn) for rights to the Seve-
snapshot of some of the key issues affecting their ro-Kustarnikovy block, which is believed to be
regional beats. We hope you will like NRG’s new gas prone.
concise format, but by clicking on the headline link
for each section the full text will be available as GLNG: Sempra likely to push Port Arthur
before. LNG FID back to 2022
Sempra Energy said last week that it would likely
AfrOil: Total launches Zinia Phase 2 project delay the final investment decision (FID) on its
France’s Total has launched the second stage of proposed Port Arthur LNG export terminal in
development work at Zinia, a section of Block Texas to 2022. If this happens, it would be the
17 offshore Angola. In a joint statement with second delay after Sempra initially pushed back
Angola’s National Oil, Gas and Biofuels Agency the FID from 2020 to 2021 as a result of market
(ANPG), Total reported that it had brought the uncertainty caused by the coronavirus (COVID-
Zinia Phase 2 short-cycle project on stream. 19) pandemic.

AsianOil: Comet wins CBM block in LatAmOil: API blasts AMLO for favouring
Queensland Pemex
Australian independent Comet Ridge has been Mexican President Andres Manuel Lopez Obra-
awarded a new coal-bed methane (CBM) explo- dor has come under fire from an influential US
ration block by the Queensland State govern- industry association for his efforts to ensure that
ment. Comet said on May 10 that the 338-square state-owned companies continue to dominate
km authority to prospect (ATP) 2063, which will the domestic energy sector. In a letter sent to
now be called Mahalo Far East, was one of two several high-ranking US officials, the American
the state government had assigned to the com- Petroleum Institute (API) criticised the Mexi-
pany in September 2020 under preferred ten- can government’s policy of giving preference to
derer status. public-sector organisations such as Pemex, the
national oil company (NOC), and the Federal
DMEA: Angolan outlet and Syrian blaze Electricity Commission (CFE).
This week’s DMEA looks at a recent deal between
Angola and Zambia to carry out studies on a MEOG: Basra buying and Burgan on fire
long-awaited fuel pipeline and a spate of fires This week’s MEOG looks at Basra Oil Co.
at Syrian refineries. Luanda and Lusaka signed (BOC’s) efforts to buy a major stake in one of
a memorandum of understanding to carry out Iraq’s biggest oilfields and the outbreak of a fire
studies for the construction of the Angola-Zam- at the world’s second-largest onshore oilfield.
bia Oil Pipeline. In Syria, a fire broke out at a Following weeks of speculation, BOC submit-
100,000 barrel per day refinery in the western ted a formal request this week to acquire Exxon-
province of Homs at the weekend, taking one of Mobil’s 32.7% stake in the West Qurna-1 oilfield
its four crude distillation units out of service. development project. In Kuwait, state-owned
Kuwait Oil Co. (KOC) said that production from
EurOil: Poland prepares to lay Baltic Pipe the country’s key Great Burgan oilfield had not
Preparations are underway for pipelaying to been affected despite the outbreak of a “limited”
begin at the Baltic Pipe project that will flow fire which injured two workers.
Norwegian gas to Poland, Polish gas transmis-
sion system operator Gaz-System reported on NorthAmOil: Cyberattack knocks out Colo-
May 6. The EU-backed pipeline will deliver nial Pipeline
10bn cubic metres per year of gas to Poland at A ransomware cyberattack on Colonial Pipeline
full capacity, helping the country to wean itself has been described as one of the most disrup-
off Russian gas and replace more coal-fired tive digital ransom schemes ever reported. The
power generation with cleaner gas-burning 5,500-mile (8,850-km) pipeline, which carries
plants. nearly half the fuel consumed along the US East
Coast, was forced by the attack to go offline on
FSUOGM: Rosneft’s $240mn licence pur- May 7.
chase
Rosneft outbid its domestic rival Gazprom in a See the archive and sign up to receive NRG Editor’s
heated tender in late April for rights to a large Picks for free by email each week here.™
onshore oil and gas block in the Yamalo-Nenets

P14 www. NEWSBASE .com Week 19 13•May•2021