Page 16 - FSU OGM Week 26 2021

FSUOGM NEWSBASE ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global GLNG: South Africa rejects Karpowership
(NRG), in which the reader is invited to join applications for LNG-to-power projects
our team of international editors, who provide a South Africa’s Department of Forestry, Fisher-
snapshot of some of the key issues affecting their ies and the Environment (DFFE) has decided
regional beats. We hope you will like NRG's new against giving Turkey’s Karpowership permis-
concise format, but by clicking on the headline sion to go ahead with three LNG-to-power
link for each section the full text will be available projects.
as before. DFFE announced its decision in a statement
dated June 24. “The competent authority in the
AfrOil: Developments in Ghana’s offshore department has decided, after due considera-
zone tion of all relevant information presented as part
Ghana’s offshore zone is in the spotlight this of the environmental impact assessment process
week, with Eni (Italy) losing a court case to a for all three applications in question, to refuse
local company and state-owned Ghana Oil the applications for the environmental author-
(GOIL) seeking a new partner to replace Exxon- isations,” it said.
Mobil (US) in the DW/CTP project.
Springfield Exploration and Production, a LatAmOil: Ecopetrol given more time to pre-
privately-owned Ghanaian company, has scored pare ISA offer
a victory in its legal battle with Eni over the uni- Ecopetrol, Colombia’s national oil company
tisation of two licence areas known as Sankofa (NOC), has said that the government will
and Afina. extend the period during which it has the
exclusive right to negotiate for a 51.4% equity
AsianOil: Pertamina’s shipping arm unveils stake in Interconexion Electrica SA (ISA),
$4bn asset upgrade plan the country’s electricity transmission system
The shipping arm of Indonesia’s state-owned operator (TSO).
Pertamina has unveiled plans to invest $4bn to In a statement dated June 24, Ecopetrol
upgrade its vessels and terminals over the next reported that the end date of its exclusivity
seven years. agreement with the Ministry of Finance and
Pertamina International Shipping (PIS) Public Credit (MHCP) had been pushed back
intends to replace 23 vessels and expand its fleet, to August 31. The agreement had originally
director of business planning Wisnu Medan been due to expire on June 30.
Santoso told Reuters on June 25.
MEOG: UAE bid expected as Iraq talks
DMEA: Eyes on fuel sources connectivity
This week’s DMEA looks at Saudi Aramco’s In this week’s MEOG, we look at plans by a
plans to play a major role in the nascent blue Pakistani consortium to set up a special pur-
hydrogen sector and Angola hiring two firms pose vehicle to bid on an exploration block
to provide more traditional fuels over the next in the UAE, while Iraq’s Prime Minister met
12 months. with regional counterparts to discuss gas and
State-owned Saudi Aramco this week spoke electricity interconnectivity.
of plans to be a major player in the emerging blue A group of four Pakistan-based oil and
hydrogen market, though reiterated that it does gas companies have formed a consortium to
not anticipate significant growth in the sector bid for an exploration block advertised by
until the end of the decade. Abu Dhabi National Oil Co. (ADNOC) in its
second competitive bid round in 2019.
EurOil: Shell moves in on BP Shearwater
position NorthAmOil: Southwestern commits to RSG
Royal Dutch Shell looks set to pick up rival in Appalachia
BP’s stake in the Shearwater gas field in the Southwestern Energy announced last week
UK North Sea, after exercising its right as the that it had struck a deal with Project Canary
project’s operator to match a bid by Tailwind to certify all of its Appalachian Basin shale
Energy. gas output as being responsibly sourced. See the archive and
Tailwind, backed by private equity group The company said it would obtain the sign up to receive
Mercuria, struck a deal to buy BP’s 27.5% responsible sourced gas (RSG) certification *NRG Editor’s Picks*
interest in the field in May. But Shell has using Project Canary’s TrustWell standards for free by email each
now reached its own agreement to acquire and continuous emissions monitoring. Pro- week here
the equity holding. If the deal is closed, the ject Canary will install its Canary X contin-
Anglo-Dutch major will bolster its ownership uous emissions monitoring devices at all of
position at Shearwater to 55.5%. It will also Southwestern’s Appalachian well pad loca-
gain shares in the SEAL and SILK oil and gas tions, with the standards being applied to
pipelines. existing and new wells alike.™

P16 www. NEWSBASE .com Week 26 30•June•2021