Page 15 - FSUOGM Week 13 2022

FSUOGM NEWSBASE ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global independent” from Moscow by the end of
(NRG), in which the reader is invited to join 2022, the country’s economy minister, Rob-
our team of international editors, who provide a ert Habeck, announced on March 28.
snapshot of some of the key issues affecting their Berlin has radically changed its energy
regional beats. We hope you will like NRG's new policy in the wake of Russia’s invasion of
concise format, but by clicking on the headline Ukraine that started on February 24. Once
link for each section the full text will be available fairly comfortable with its significant
as before. dependence on Russian energy, it now has
plans to phase out energy trade with Moscow
AfrOil: NUPRC Highlights Oil Thefts From as soon as it can.
Bonny, Forcados, Brass Pipeline Networks
The Nigerian Upstream Petroleum Regula- GLNG: Tellurian Starts Construction On
tory Commission (NUPRC) has identified Driftwood LNG
the pipeline networks serving the Bonny, US-based Tellurian announced on March 28
Forcados and Brass terminals as the biggest that it had kicked off construction on its Drift-
sources of crude oil theft in the country. wood LNG terminal on Louisiana’s Gulf Coast.
In a meeting with representatives of the The company has issued engineering, pro-
Independent Petroleum Producers Group curement and construction (EPC) contractor
(IPPG) and the Oil Producers Trade Section Bechtel with a limited notice to proceed.
(OPTS) on March 24, NUPRC officials said
that these three networks appeared to be LatAmOil: SENER Formally Names Pemex
particularly vulnerable because of the eco- As Operator Of Zama Oilfield
nomic challenges facing host communities US-based Talos Energy has confirmed its
and some investors’ failure to engage ade- receipt of documents from Mexico’s Sec-
quately with residents. retariat of Energy (SENER) finalising the
decision to award Pemex, the national oil
AsianOil: Sinopec Plans Biggest Capex company (NOC), control of the offshore
Budget In History acreage that includes the Zama oilfield.
China’s Sinopec is targeting the largest In a statement, Talos said it had received
capital expenditure budget in its history from SENER the unitisation resolution
for 2022. This comes after the state-owned (UR) that merges Block 7, where Talos orig-
company recorded its highest profit in a inally discovered Zama, with Uchukil 0152,
decade, and is in line with Beijing’s call for adjacent block assigned to Pemex.
energy companies to ramp up production.
According to a company statement MEOG: Iranian Drilling And Supplies For
filed with the Shanghai Stock Exchange Jordan
on March 27, Sinopec is planning to invest This week’s MEOG looks at an Iranian drill-
CNY198bn ($31.1bn) this year, up 18% on ing campaign and the renewal of an oil sup-
2021 and exceeding the previous record of ply deal to Jordan.
CNY181.7bn ($28.5bn) spent in 2013. The National Iranian Drilling Co. (NIDC)
announced this week that it has started a
DMEA: Shootout At Dangote 10-well campaign at the supergiant South
In DMEA this week we cover a shootout at Azadegan oilfield in the south of the country.
Africa’s most eagerly anticipated industrial
plant. NorthAmOil: Shell Starts Production At
Nigeria’s Dangote Refinery came PowerNap Project In Gulf
under attack this week as an armed group Shell announced on March 29 that it had
exchanged fire with security personnel dur- started production at the PowerNap project
ing an attempt to steal equipment. in the US Gulf of Mexico. PowerNap is a sub- See the archive and
sea tieback to the Olympus platform, which is sign up to receive
EurOil: Germany Unveils Plan To Phase also operated by Shell and located in the Mars *NRG Editor’s Picks*
Out Russian Energy Corridor. for free by email each
Germany is looking to halve its imports The PowerNap project has an estimated week here
of Russian oil by the middle of this year peak production rate of 20,000 barrels of oil
and make its refining sector “almost equivalent per day (boepd) from three wells.

Week 13 30•March•2022 www. NEWSBASE .com P15