Page 13 - AsianOil Week 36 2021

AsianOil NEWS IN BRIEF AsianOil

SOUTH ASIA a further concrete step in line with Eni’s workforce given the continued significant
commitment to achieving carbon neutrality impact of the COVID-19 pandemic.
Pankaj Kumar takes over by 2050, promoting cooperation between the hydrocarbons has been recovering, creating
“During the period, global demand for
various players in the sector and consolidating
charge as ONGC Director alliances for sustainable development aimed at strong market fundamentals including an
increase in benchmark oil prices. Jadestone’s
tackling the challenge together of the energy
(Offshore) transition. average oil price realisations in the first half
were 45% higher than the same period last
ENI, September 7, 2021
Pankaj Kumar has taken over charge of year. This translated into positive operating
Director (Offshore) of Oil and Natural Rokan production increases cash flows of US$54.4 million in H1 2021.
Gas Corporation Limited (ONGC) on 4 Adding the proceeds of a June Montara lifting
September 2021. As Director (Offshore), Mr. One month after the transfer of management which were received in early July, pro-forma
Kumar will be responsible for the entire gamut of the Rokan Working Area (WK), production cash balances at mid-year were just short of
of Offshore Oil & Gas fields contributing in the Rokan WK has increased. Production US$100 million.”
around 70 per cent of Crude Oil and 78 at the Rokan WK is currently in the range of JADESTONE ENERGY, September 9, 2021
per cent of Natural Gas production of the 158,000 BOPD (barrels of oil per day).
Maharatna ONGC. “In this 1 month period, there has been an
Mr Kumar is a thorough Oil & Gas increase in production of 1,000 - 2,000 BOPD EAST ASIA
industry professional with more than 34 with an increasing trend. SKK Migas and
years of experience across ONGC’s business PHR (PT Pertamina Hulu Rokan) continue Maoming Petrochemical’s
functions, varying from Operations to coordinate so that the lifting target of WK
Management of Offshore and Onshore fields, Rokan in 2021 can be achieved,” said Deputy fuel cell hydrogen supply
Well Engineering, Joint Venture Management, SKK Migas Operations, Julius Wiratno in
Corporate Strategic Management and Asset Jakarta. center under construction
Management. He has held key positions The lifting target of WK Rokan in the 2021
as Chief of Corporate Strategy & Planning State Budget is 165,000 BOPD. “By the end Recently, Maoming Petrochemical’s fuel cell
group of ONGC and Asset Manager of of the year, there will be 17 rigs carrying out hydrogen supply center started construction.
Cambay and Ahmedabad Asset. Sustainable drilling, we remain optimistic that the target After the project is completed, the hydrogen
production enhancement from mature fields of WK Rokan in 2021 will be achieved,” he supply range can cover an area with a radius
of Ahmedabad and Cambay is a testimony to explained. of 200 kilometers in western Guangdong to
his impeccable Asset and Project Management On Tuesday, PHR started operating the meet the local hydrogen demand.
skills. He has been instrumental in bringing 13th rig at Pungut P04 Well, Pungut Field, This project is currently the only hydrogen
numerous technological advances by working which is part of Bengkalis Regency. Rig supply project in western Guangdong. It
with various Assets across the Energy major. Airlangga-55 is operated by PT Asia Petrocom includes a new 3,000 standard cubic meter/
ONGC, September 6, 2021 Service. Since the transfer of management of hour hydrogen purification device and a
the Rokan WK on August 9, 2021, until now, 500 kg/day hydrogenation mother station.
PHR has drilled 23 wells. It adopts the hydrogen purification device
SOUTHEAST ASIA “PHR continues to strive to increase the and hydrogen mother station technology
number of rigs, with the addition of rigs it independently developed by Sinopec. EPC
Eni, Mubadala sign MoU on can accelerate the exponential addition of the general contracting of Guangzhou (Luoyang)
number of wells to support the achievement of Engineering Company. The project is
energy transition initiatives drilling targets this year,” said PHR President scheduled to be delivered at the end of January
2022 and put into use in the first quarter of
Director Jaffee A. Suardin.
The scope of cooperation covers potential PERTAMINA, September 9, 2021 2022. After being put into use, it will play a
joint opportunities in the Middle East, North positive role in promoting the development of
Africa, Southeast Asia, Europe and other Jadestone posts H1 results green energy in western Guangdong.
regions of mutual interest. The agreement SINOPEC, September 9, 2021
marks a further concrete step in line with Eni’s Jadestone Energy, an independent oil and
commitment to achieving carbon neutrality gas production company and its subsidiaries, Kawasaki receives LPG/LAG
by 2050. focused on the Asia Pacific region, reports
Abu Dhabi (United Arab Emirates), today its unaudited condensed consolidated carrier order
7 September 2021 - Eni and Mubadala interim financial statements, as at and for the
Petroleum have signed a Memorandum of six-month period ended 30 June 2021. Kawasaki Heavy Industries, Ltd. announced
Understanding (MoU) aimed at identifying Paul Blakeley, President and CEO today that it has concluded a shipbuilding
cooperation opportunities in the energy commented:“I am pleased to report a solid contract for a new 86,700 m3 liquefied
transition sector, including hydrogen and the 2021 first half across the business, with petroleum gas (LPG) and liquefied ammonia
capture, use and storage of CO2 , in line with production from our Australian assets slightly gas (LAG) carrier powered by LPG fuel for
their respective decarbonisation objectives. better than expected, ahead of implementing ENEOS Ocean Corporation.
The scope of cooperation covers potential the activity plan on Montara and Stag that was The vessel is equipped with separate cargo
joint opportunities in the Middle East, North deferred from last year due to low oil prices. tanks designed to carry LPG and LAG at the
Africa, Southeast Asia, Europe and other I am also pleased to report safe operational same time. This contract represents the 72nd
regions of mutual interest. performance through the year to date, while LPG carrier and 9th LPG-fueled LPG carrier
The MoU with Mubadala Petroleum marks we remain vigilant on the well-being of our to be constructed by Kawasaki, and their

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