Page 16 - FSUOGM Week 46 2021

FSUOGM NEWSBASE ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global countries said that including nuclear power
(NRG), in which the reader is invited to join in the proposed EU taxonomy would per-
our team of international editors, who provide a manently damage the regulation’s “integrity,
snapshot of some of the key issues affecting their credibility and therefore its usefulness.”
regional beats. We hope you will like NRG's new
concise format, but by clicking on the headline GLNG: Details Disclosed Of Cheniere’s LNG
link for each section the full text will be available Supply Deal With France’s Engie
as before. Leading US LNG producer Cheniere Energy
struck a deal to supply the super-chilled fuel to
AfrOil: Shell, Equinor Resume Talks On France’s Engie earlier this year, according to a
Tanzania LNG Project letter to the US Department of Energy (DoE)
Tanzania’s Energy Minister January whose details have now been made public.
Makamba confirmed last week that his coun- The deal is notable because last year Engie
try’s government had resumed talks with pulled out of talks over a potential supply deal
several international oil companies (IOCs) with another US firm, NextDecade, having
on the Tanzania LNG project. reportedly come under pressure from the
Makamba made his announcement in a French government not to buy LNG produced
pair of Twitter posts dated November 8 and from shale gas.
said he expected this large-scale initiative
to benefit the country. “Today, I kicked off LatAmOil: ExxonMobil, SBM Discussing
negotiations for the $30bn Tanzania LNG Fourth FPSO For Stabroek
project,” he wrote. “The project will trans- US-based ExxonMobil is reportedly in dis-
form our economy.” cussions with the Dutch contractor SBM
Offshore on the construction of a fourth
Petronas Signs Raft Of CCUS Agreements floating production, storage and off-loading
Malaysia’s state-owned Petronas has signed (FPSO) vessel for installation at the Stabroek
a number of agreements this month with block offshore Guyana.
international partners that focus on devel- Two sources close to the matter told Reu-
oping carbon capture, utilisation and stor- ters last week that the parties had already
age (CCUS) technology. begun negotiations. One of the key subjects
Petronas has signed a memorandum of under discussion is a proposal for building
understanding (MoU) with Baker Hughes some of the components of the FPSO in Guy-
to collaborate on “technological develop- ana itself, they noted.
ments supporting energy transition”, among
other things, the state major announced on MEOG: Eridu Plans And Kuwait’s Transition
November 16. This week’s MEOG looks at Lukoil’s plans
for a southern Iraqi oilfield and comments
DMEA: Borouge Expansion Announced by Kuwait’s Oil Minister about the country’s
This week’s DMEA covers the expansion of energy transition.
Abu Dhabi’s key polyolefins plant and calls Iraq’s Ministry of Oil (MoO) said this
to cancel a pipeline connecting the Red Sea week that it has received a development plan
to the Mediterranean. for the Eridu oilfield from Russia’s Lukoil,
Abu Dhabi National Oil Co. (ADNOC) envisaging peak production of 250,000 bar-
this week signed a $6.2bn investment agree- rels per day (bpd).
ment with Austria-based Borealis for the
Borouge joint venture’s fourth facility in the NorthAmOil: Freeport LNG Announces CCS
UAE’s Ruwais downstream hub. Plan Amid News Of Stake Sale
Freeport LNG Development announced this
EurOil: Germany Hits Back Against Nuclear week that it had executed a letter of intent (LoI)
Disagreements over which fuels the EU with Talos Energy to jointly develop a carbon See the archive and
should recognise as sustainable are heating capture and storage (CCS) facility to serve the sign up to receive
up, with Germany and four other member Freeport liquefaction terminal on the Texas *NRG Editor’s Picks*
states on November 11 warning against the Gulf Coast. The announcement about the for free by email each
inclusion of nuclear energy. FLNG CCS project came a day after Global week here
In a joint statement issued by the envi- Infrastructure Partners (GIP) said that it was
ronment ministers of Germany, Denmark, selling its 25.7% stake in Freeport to Japan’s
Luxembourg, Austria and Portugal, the JERA for $2.5bn.

P16 www. NEWSBASE .com Week 46 17•November•2021