Page 16 - FSUOGM Week 05 2022

FSUOGM NEWSBASE ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global reconstruction. Equinor had initially hoped
(NRG), in which the reader is invited to join to have the 4.2mn tonne per year plant back
our team of international editors, who provide a up and running by October last year, but
snapshot of some of the key issues affecting their later postponed the relaunch after mapping
regional beats. We hope you will like NRG's new out the extent of the damages.
concise format, but by clicking on the headline
link for each section the full text will be available GLNG: Gastrade Reaches FID On Alexan-
as before. droupolis LNG
Greece’s Gastrade announced on January 28
AfrOil: TotalEnergies Hopes To Resume that it had made a final investment decision
Mozambique LNG Project In 2022 (FID) on the Alexandroupolis LNG import
Patrick Pouyanné, the CEO of TotalEnergies terminal.
(France), hopes to see work on the $20bn The floating LNG (FLNG) project, off the
Mozambique LNG project resume before the coast of Alexandroupolis, will have the capac-
end of this year. ity to import up to 5.5bn cubic metres per year
Speaking during a visit to Maputo on Jan- of gas. It will be Greece’s second LNG import
uary 31, Pouyanné stressed that the French terminal.
major was still waiting for security condi-
tions to improve in Cabo Delgado Province, LatAmOil: Peru Bars Repsol From Unload-
where the Mozambique LNG consortium has ing Oil At La Pampilla
already begun building its onshore complex. Peru’s Environment Minister Ruben Ramirez
said on January 31 that Repsol (Spain) would
AsianOil: Malaysia Launches 2022 Licens- not be permitted to take delivery of feed-
ing Round stock for its La Pampilla refinery until it
Malaysia’s state-owned Petronas launched could provide adequate technical guarantees
the country’s 2022 licensing round on Jan- with respect to its ability to handle oil spills.
uary 27. Under the Malaysia Bid Round Ramirez declared that the Spanish com-
(MBR) 2022, 14 exploration blocks, six pany was already performing inadequately,
clusters of discovered resource opportuni- as evidenced by the spill that occurred at one
ties (DRO) and one cluster of late-life assets of the four moorings it operates at La Pam-
(LLA) are on offer. pilla on January 15.
Additionally, Petronas is offering techni-
cal study arrangements for two exploration MEOG: Kuwait Keeps Moving Upstream
areas in the Malay and Sabah basins. This week’s MEOG looks at the various
projects under development by Kuwait as it
DMEA: MEA Refining Concerns seeks to achieve lofty oil production capacity
In DMEA this week, we look at concerning targets.
developments relating to refinery projects in State-owned Kuwait Oil Co. (KOC) is
Kuwait and Nigeria. expected to issue tenders for high-pressure
Downstream-focused Kuwait National water injection to increase oil production
Petroleum Co. (KNPC) this week dealt with from northern oilfields.
the second major fire at its 346,000 barrel per
day (bpd) Mina Al-Ahmadi refinery since NorthAmOil: ConocoPhillips To Sell Certain
October. Permian Assets To Maverick
US-based ConocoPhillips has agreed to sell
EurOil: More Hammerfest LNG Delays certain assets in the Permian Basin to pri-
Equinor has warned of a further delay in vately owned Maverick Natural Resources for See the archive and
the restart of the Hammerfest LNG plant in $440mn. sign up to receive
Norway’s far north, dashing hopes that the The producing assets are located in the Per- *NRG Editor’s Picks*
terminal would help ease supply constraints mian’s Central Basin Platform and Northwest for free by email each
in Europe at the tail-end of winter. Shelf areas, spanning roughly 144,500 net acres week here
Hammerfest LNG had to be closed in Sep- (585 square km) across Texas’ Andrews and
tember 2020 after a serious fire tore through Ector counties and New Mexico’s Eddy and
the facility, requiring extensive repairs and Lea counties.

P16 www. NEWSBASE .com Week 05 02•February•2022