Page 15 - MEOG Week 21 2021

MEOG NEWS IN BRIEF MEOG

The second site (Zone Two) was awarded Turkey signals new natural The reserve is expected to lessen the
to Kuwaiti Company for Plant Construction country’s dependence on Russia, Iran and
and Contracting and Environmental gas discovery in Black Sea Azerbaijan for energy imports.
Technology Management Company for a total Turkey meets most of its natural gas needs
amount of $188 million. Turkey on Monday signaled some “good through imports. The discovery is expected
ARAB TIMES news” regarding the exploration activities in to significantly slash the import bill, which
the Black Sea, triggering prospects it could be totals around $12 billion (TL 100.68 billion)
announcing a new natural gas discovery. annually.
GAS The country’s first drilling ship, Fatih, last The country imported 48.1 bcm of
year found 405 billion cubic meters (bcm) of natural gas last year, marking a 6.5% increase
ADNOC signs long-term gas natural gas in the Tuna-1 well in the Sakarya compared to 2019 levels.
The gas will be delivered to a facility in
gas field, located about 100 nautical miles (185
sales agreements kilometers) north of Turkey’s Black Sea coast. Filyos in northern Zonguldak province
“Let us wait for June for the update. The
through an estimated 150-kilometer subsea
Abu Dhabi National Oil Co. has signed long- works will be completed in June,” Energy and pipeline that will be constructed. It will run
term gas sales agreements with two industrial Natural Resources Minister Fatih Dönmez from the field to the shore, where it will
firms as the UAE seeks gas self-sufficiency told the private broadcaster, A Haber. connect to the national gas grid.
with the help of international oil companies Sakarya gas field is quite large, Dönmez Kanuni, the country’s third drilling ship
working on various field developments in said. “It is a field we are hopeful about. New that joined the fleet last year, earlier this
OPEC’s third largest producer. seismic data also confirm our hope ... We do month started to conduct deep-sea well tests
ADNOC signed the 10-year agreements not make statements until we are sure. These at the Türkali-2 well, Dönmez said.
with Emirates Steel and construction are big and important works.” He noted that Fatih is preparing for new
company Arkan, it said in a statement May President Recep Tayyip Erdogan last week drillings to prepare the field for production
25. The national oil producer can pump 11 said the public should not be surprised if they and Kanuni will be responsible for opening
Bcf/d of natural gas and over 1 Bcf/d of sour announce a new natural gas find soon. the wells to production.
gas, with most of the commodity going to “We are getting good news, and with these, The Türkali-2 well will be followed by the
customers in the UAE. do not be surprised if you get news on an oil Türkali-1 and Tuna-1 wells. Fatih carried out
It currently supplies over two-thirds of the or natural gas (discovery) soon,” Erdogan said. drillings at all three wells and Kanuni will be
local industrial sector’s power needs, it added. Engineering studies are ongoing to bring performing completion works and testing the
“ADNOC remains committed to delivering the Black Sea gas ashore. Turkey is determined boreholes.
a more sustainable and economic gas supply to connect the gas to the nation’s transmission Barbaros Hayreddin Pasa seismic vessel
and enabling gas self-sufficiency for the UAE,” system by 2023. also arrived in the Black Sea last month
Khaled Salmeen, ADNOC executive director, The first gas flow from the field is expected and anchored at the Port of Filyos where it
downstream industry, marketing and trading in 2023, with an envisaged annual gas flow of underwent maintenance works.
directorate, said in a statement. 5-10 bcm. The vessel “continues its 3D seismic studies
The seven-member UAE federation is The field is expected to gradually increase in the Black Sea,” Dönmez noted.
developing several gas projects in various to reach a production plateau of around 15 Barbaros Hayreddin Pasa is one of the
emirates as part of the self-sufficiency target. bcm as of 2025, which is sufficient to meet two seismic vessels in the fleet along with
In energy-rich Abu Dhabi, ADNOC 30% of the nation’s annual gas demand. Oruç Reis. Both have long been on duty
is developing both conventional and The country earlier said it planned to conducting energy exploration activities in the
unconventional resources to help meet the gas complete the drilling of 40 production wells in Mediterranean.
goal. The target will coincide with the 2032 the Sakarya gas field by 2028. The drillship Yavuz has also been operating
expiry of a gas agreement with Qatar, which Yet, Dönmez said, “There is no need to in the Eastern Mediterranean.
currently pipes 2 Bcf/d of gas to the UAE and wait for so many wells to be drilled for initial DAILY SABAH
Oman through the Dolphin Energy Pipeline, production.”
a joint venture grouping Abu Dhabi sovereign “After the first five to six, we can get it
wealth fund Mubadala Investment Co. (51%), into production. By 2027-2028, we will have
Total (24.5%) and Occidental (24.5%). reached the maximum level of production,”
S&P GLOBAL he added.

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