Page 16 - FSUOGM Week 37 2021

FSUOGM NEWSBASE ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global energy carrier and shipping fuel. The Barents
(NRG), in which the reader is invited to join Blue project conceived by Horisont would
our team of international editors, who provide a take natural gas produced in the Barents Sea
snapshot of some of the key issues affecting their and use it to produce blue ammonia in Ham-
regional beats. We hope you will like NRG's new merfest that could then be shipped to interna-
concise format, but by clicking on the headline tional markets. The resulting CO2 emissions
link for each section the full text will be available from the process could be capture and piped
as before. back offshore for storage.
AfrOil: Sonangol Looks Ahead To IPO GLNG: ExxonMobil, PNG Restart P’nyang
Sonangol, the national oil company (NOC) of Talks
Angola, has revealed details of its plan to issue ExxonMobil has restarted talks with the gov-
an initial public offering (IPO) of stock. ernment of Papua New Guinea (PNG) on
According to Sebastião Gaspar Martins, the the development of the P’nyang natural gas
chairman of the government-owned company, project.
Sonangol will sell 30% of its equity in multiple Talks on the project, which was set to be
locations, starting with the Angola Debt and Stock tied to a $13bn expansion of PNG’s liquefac-
Exchange in Luanda and expanding later to Lon- tion capacity, stalled in late 2019 after the gov-
don and New York. ernment pushed for better terms than it had
obtained for ExxonMobil’s original PNG LNG
AsianOil: Santos Awards Dorado Subsea development.
FEED Contract
Australian independent Santos has awarded the LatAmOil: Hess CEO Enthusiastic About
subsea front-end engineering and development Pinktail Field
(FEED) contract for the Dorado oilfield devel- ExxonMobil Guyana, a subsidiary of
opment to services provider Atteris. US-based ExxonMobil, may include its lat-
Atteris said on September 13 that the design est find in Guyana’s offshore zone in its sixth
work would include flow assurance definition development project at Stabroek, according
and design of the subsea system connecting the to the head of Hess, the US independent that
wellhead platform to the floating production, holds a minority stake in the block.
storage and offloading (FPSO) vessel.
MEOG: Kuwait To Expand Drilling
DMEA: Saudis In South Sudan Supply Talks This week’s MEOG covers Kuwait’s plans
This week’s DMEA looks at talks between to ramp up drilling operations as it seeks to
Saudi Aramco and South Sudan over oil expand crude production, while Saudi Ara-
product supplies and the ongoing resump- mco is considering a new approach to gas.
tion of protests at Libyan oil terminals. State-owned Kuwait Oil Co. (KOC) is
South Sudan is expected to agree terms planning to drastically increase drilling as
with Saudi Aramco on the long-term sup- part of its plan to fulfil its output capacity
ply of oil derivatives following the recent target of 4mn barrels per day by 2040, up
signing of a memorandum of understand- from the current 3.1-3.2mn bpd.
ing (MoU).
NorthAmOil: Post-Ida refinery repairs may
EurOil: Barents Goes Blue be too costly for Phillips 66
Norwegian oil producers Equinor and Var Downstream player Phillips 66 may be forced
Energi have joined forces with clean energy to idle a refinery in Louisiana as a result of
developer Horisont Energi to look at the severe damage from Hurricane Ida, which See the archive and
potential production of blue ammonia in hit the state at the end of August. Citing sign up to receive
Norway’s far north. sources familiar with the matter, Bloomberg *NRG Editor’s Picks*
Ammonia has long been used in the fertil- reported on September 10 that the plant suf- for free by email each
iser and chemical industries. But if produced fered so much damage that repairs may be week here
cleanly, it could also serve as a low-carbon too costly.

P16 www. NEWSBASE .com Week 37 15•September•2021