Page 20 - EurOil Week 03 2023

EurOil NEWSBASE ROUNDUP GLOBAL (NRG) EurOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Oil & Gas Roundup to halt Russian oil imports on January 1, even
Global (NRG), in which the reader is invited though the EU embargo on crude supplies
to join our team of international editors, who from the country, imposed in December, only
provide a snapshot of some of the key issues extends to seaborne deliveries and not those via
affecting their regional beats. We hope you will pipeline.
like NRG's new concise format, but by clicking
on the headline link for each section the full text GLNG: Germany receives its first shipment
will be available as before. of US LNG at newly opened terminal
The first shipment of US liquefied natural gas
AfrOil: Eni plans second FLNG unit for Ma- has arrived in Germany at the Wilhelmshaven
rine XII terminal, according to German energy firm
Italy’s Eni revealed on December 22 that Uniper. The supplier was US company Venture
it has arranged to deploy and install a sec- Global Calcasieu Pass, which sent 97.1mn cubic
ond floating LNG unit at the Marine XII metres of natural gas, enough to power around
block located offshore Republic of Congo. 50,000 German households for a year.
The Italian major acquired the first unit –
the Tango FLNG, which has a production LatAmOil: Chevron prepares to resume Ven-
capacity of 600,000 tonnes per year – for ezuelan oil exports
Marine XII last August. The US oil company Chevron is reportedly
preparing to resume shipments of Venezuelan
AsianOil: China, Philippines strike deal on crude oil after a hiatus of nearly four years. An
South China Sea anonymous source familiar with the matter
China and the Philippines have agreed to informed Reuters in the last week of December
resume talks on joint exploration for oil and gas that the US major was sending two tankers to
in the disputed portion of the South China Sea, the South American country.
a month after Manila broke off negotiations.
The two countries agreed on January 5 to set MEOG: Zenith to acquire OMV’s Yemeni
up a direct communications channel between assets
their foreign ministries to handle the dispute A Dutch affiliate of Canada-based Zenith
peacefully. Energy has entered a share purchase agreement
to acquire Austrian firm OMV’s assets in Yemen
DMEA: Largest CDU in Middle East in a deal worth just over $21.6mn. The assets
launched at Abadan refinery comprise Block S-2, which contains the 6,000
The Middle East’s largest crude distillation unit barrel per day al-Uqlah oilfield, Block 3 ‘Jar-
(CDU) has gone online at Iran’s Abadan oil dan’ and Block 70, which are in the exploratory
refinery with a capacity of 210,000 barrels per phase and have estimated resources of 60mn
day, the head of the National Iranian Oil and and 70mn barrels respectively.
Engineering Company (NIOEC) has informed
the market. According to NIOEC’s managing NorthAmOil: Marathon closes purchase of
director Farhad Ahmadi, the cost of the plant’s Ensign’s Eagle Ford assets for $3bn
new CDU came to around €2.6bn. Marathon Oil has closed the acquisition from
Ensign Natural Resources of Eagle Ford shale See the archive and
FSUOGM: Kazakhstan Seeks To Supply acreage for $3bn in cash. The deal had been sign up to receive
Germany With Oil Via Druzhba announced in early November. The assets – *NRG Editor’s Picks*
Kazakhstan is seeking to pump oil to Germany in the core of the play – nearly double Mara- for free by email each
via the Druzhba pipeline system, helping the thon’s Eagle Ford position to 290,000 net acres week here
latter replace lost Russian volumes. (117,350 hectares) and are adjacent to Mara-
Germany has followed through on a pledge thon’s existing Eagle Ford wells.

P20 www. NEWSBASE .com Week 03 20•January•2023