Page 18 - AfrOil Week 39 2022

AfrOil NEWSBASE ROUNDUP GLOBAL (NRG) AfrOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global evening of September 26, reportedly due to a leak
(NRG), in which the reader is invited to join our in the NS2 pipeline. The leaks were reported by
team of international editors, as they provide a the Danish authorities, which ordered ships to
snapshot of some of the key issues affecting their maintain a 5-km radius away from the pipelines
regional beats. We hope you will like NRG’s new that run under the Baltic Sea through Danish
concise format, but by clicking on the headline waters, describing the area as “dangerous for
link for each section the full text will be available ship traffic.”
as before.
GLNG: Germany aims to sign LNG supply
AsianOil: Mubadala makes gas discovery deals with UAE
offshore Malaysia Germany’s Economic Affairs and Climate
UAE-based Mubadala Petroleum and its part- Action Minister Robert Habeck said on Septem-
ners Shell and Malaysia’s Petronas have made a ber 19 that Chancellor Olaf Scholz would sign
sizable natural gas find at Block SK320 off the deals for LNG supplies during an upcoming trip
coast of Bintulu, Sarawak, in Malaysia, Petronas to the UAE. Speaking in Lubmin at the site of a
said on September 20. The discovery was made new LNG terminal, Habeck said the UAE could
with a well drilled to a depth of 1,680 metres. help Germany diversify natural gas supplies.

DMEA: ARIA Commodities to build new LatAmOil: Ecopetrol requests 90-day
downstream facilities in HFZA suspension of fracking projects
UAE-based ARIA Commodities will invest Colombia’s national oil company Ecopetrol has
AED154mn ($41.93mn) in the construction asked ANH, the country’s oil and gas regulator,
of four new downstream and petrochemical to suspend its contracts for the Kale and Platero
facilities in the Hamriyah Free Zone (HFZA) in unconventional fields for 90 days in the face
Sharjah. Company executives unveiled the plan of mounting resistance from environmental
during a ceremony marking the signing of a lease groups. Ecopetrol had been planning to carry
agreement between HFZA and ARIA Group, the out pilot projects at the two sites.
parent company of ARIA Commodities.
MEOG: Arabian Drilling prepares for IPO
EurOil: UK government set to fast-track Saudi firm Arabian Drilling Co., owned by the
key oil and gas projects local Industrialization & Energy Services Co.
The new UK government, headed by Prime Min- (TAQA, 51%) and Schlumberger (49%), has
ister Liz Truss, will fast-track the development of appointed banks to manage its initial public
new oil and gas fields, including the giant Cambo offering. The company released a statement say-
oil deposit west of the Shetland Islands, under ing it would sell 26.7mn shares, 30% of the total,
a new mini-budget announced on September when it lists on the local Tadawul All Share Index
3. Like her predecessor Boris Johnson, Truss (TASI), the Riyadh stock exchange.
is keen to develop more home-grown energy
sources, as UK households and businesses cope NorthAmOil: Talos to expand Gulf holdings
with soaring energy costs. with EnVen acquisition
Talos Energy announced on September 22 that
FSU OGM: Pressure drops in Nord Stream it had agreed to acquire privately owned US Gulf
pipelines as gas leaks into sea of Mexico operator EnVen for $1.1bn. Hou-
Pressure fell in both branches of the Nord ston-based Talos says it was already one of the
Stream natural gas pipeline from the giant Rus- Gulf’s largest publicly listed independent pro-
sian Yamal Arctic gas fields to Germany on the ducers prior to the acquisition. ™

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P18 www. NEWSBASE .com Week 39 29•September•2022