Page 13 - AfrOil Week 37 2022
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AfrOil                                      NEWS IN BRIEF                                             AfrOil








                                                                                the onshore gas processing plant of the West
                                                                                Delta Deep Marine (WDDM) gas fields in the
                                                                                Mediterranean Sea off the coast of Egypt and
                                                                                the Egyptian LNG export terminal (ELNG) in
                                                                                Idku, east of Alexandria.
                                                                                  The FEED for the Idku Energy Hub project
                                                                                will explore the benefits of a One Power Hub
                                                                                concept, integrating the electrical power
                                                                                systems at the WDDM and ELNG, as opposed
                                                                                to having two separate systems. It seeks to
                                                                                increase the power saving and greenhouse gas
                                                                                abatement benefits of unifying the electrical
         Total domestic consumption of natural   Leone (PDSL), is pleased to announce an   power systems of the onshore plants. The
       gas has reached 1.103bn cubic feet (31.2mn   extension of the timeframe for the Republic   synergies will include optimisation of the
       cubic metres), the NOC said, noting that the   of Sierra Leone’s 5th Offshore License Round   number of running gas turbine generators,
       largest consumer of natural gas is the General   to accommodate the increased interest from   modelling the most efficient operating
       Electricity Company of Libya (GECOL),   International and National Oil Companies   mode for both plants, reducing greenhouse
       followed by the NOC and the Libyan Iron and   and provide them with the time needed to   gas emissions and economising the fuel
       Steel Company.                      complete their G&G analysis.         consumption in the entire hub.
         The return to higher production levels   PDSL has announced an extension of   This project is part of a wider programme
       occurred after nearly three months of   the deadline for the submission of a formal   between the coalition and the Egyptian
       intermittent closures due to protests and   bid from Friday September 30th 2022, until   Ministry of Petroleum and Mineral Resources
       political struggles over control of governance,   Friday January 27, 2023 at 12:00GMT, to allow  aiming to decarbonise existing oil and gas
       oil production and exports, which are the   interested companies to become pre-qualified   facilities across the country and deliver on its
       country’s main income source.       and to complete their technical evaluation.  climate change strategy.
         Libya’s output increased after the lifting of   This extension is a result of the increased   “I am so proud that the oil and gas sector
       force majeure at production sites and export   interest in the upstream petroleum sector   is contributing significantly to achieving top
       terminals in mid-July, when the first tankers   in West Africa due to the sustained increase   strategic goals: accelerating decarbonisation
       arrived in Libya to load oil for export. The   in the price of crude oil which has created   and economising power consumption,” His
       declaration of force majeure had severely   exploration funding for most companies that   Excellency Minister of Petroleum and Mineral
       crippled Libya’s crude exports.     were unable to raise the needed capital for   Resources Eng.Tarek El-Molla said. “I am
         In July, Libya’s crude output hit a two-year   frontier exploration.   pleased that our partners are taking such
       low of 650,000 bpd as force majeure was   The new timeline will allow interested   initiatives to promote these priorities.”
       implemented on loadings out of the Es Sider,   parties the opportunity to carefully review the   “This project is a demonstration of our
       Ras Lanuf, Brega and Zueitina terminals, as   existing 29,000 line-km 2D and 11,000-km2   commitment to powering progress by
       well as production operations at the El-Feel   3D multi-client seismic data and to get the   providing more and cleaner energy,” Eng.
       and Sharara fields.                 necessary exploration budget approved to   Khaled Kacem, vice president and country
         NOC said in August the country’s crude   submit a bid for acreage offshore Sierra Leone.  chair of Shell Egypt, said. “As partners in
       output is expected to reach 2mn bpd within   Thereafter, PDSL will issue notice of   Egypt’s journey to become a regional energy
       the next three to five years as oil production   awards to companies whose applications have   hub we are also mobilising our efforts
       facilities restore their full working capacity   been accepted and negotiation completed   and expertise to support the country’s
       and investments are made in increasing crude   with the government to formalise a petroleum   energy efficiency ambitions. This is also a
       production.                         license agreement.                   significant step towards full implementation
         The projected increase in Libyan supplies   THE PETROLEUM DIRECTORATE OF SIERRA   of the decarbonisation Memorandum
       may ease some of the pressure on global oil   LEONE, September 13, 2022  of Understanding between Shell and the
       prices, along with expectations that a nuclear                           Ministry that was signed earlier this year.”
       deal with oil-rich Iran can be reached.                                  BECHTEL, September 08, 2022
       BNA/INTELLINEWS, September 11, 2022  PROJECTS & COMPANIES

                                           Shell, EGAS and Petronas             Short-term contract
       POLICY                                                                   extension for Petróleo

       PDSL pleased to announce            award Idku Energy Hub                Nautipa
                                           project FEED to Bechtel-led
       bid round extension until           coalition                            BW Offshore has entered into a short-term
                                                                                extension for Petróleo Nautipa, extending
       12:00 GMT Friday January            Shell Egypt, EGAS and Petronas have   production from September 20 to October 4,
                                                                                2022 ahead of demobilisation.
       27, 2023                            awarded a front-end engineering and design   BW OFFSHORE, September 11, 2022
                                           (FEED) contract to a Bechtel-led coalition
       The Government of Sierra Leone (GOSL),   that includes Enppi and Petrojet to study
       through the Petroleum Directorate of Sierra   a proposed unified power system between



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