Page 18 - GLNG Week 01 2023

GLNG NEWSBASE’S ROUNDUP GLOBAL (NRG) GLNG

NewsBase’s Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global FSUOGM: Novatek says Arctic LNG-2 remains
(NRG), in which the reader is invited to join on track for 2023 launch
our team of international editors, who provide a The first train at Novatek’s 20mn tonne per year
snapshot of some of the key issues affecting their Arctic LNG-2 project is still on track to start up
regional beats. We hope you will like NRG’s new in December next year, while the second and
concise format, but by clicking on the headline link third trains should come online in 2024 and
for each section the full text will be available as 2026 as initially planned, a project director told
before. reporters on December 12. There have been
heightened concerns about whether the time-
frame for Arctic LNG-2’s development will be
revised in light of Western sanctions and other
AfrOil: BW Energy preparing for 3D study of fallout from Moscow’s invasion of Ukraine,
Kudu field although Novatek and Russian authorities have
BW Energy (Norway) says it will conduct a 3D insisted that there are no changes to the existing
seismic survey of the Kudu natural gas field off- lan.
shore Namibia in order to identify additional
exploration targets and attract a new investment GLNG: Sempra signs offtake agreement with
partner. The Oslo-listed firm revealed in a state- Port Arthur LNG
ment on December 2 that it had signed a con- Sempra has announced an offtake agreement
tract on the collection of 4,600 square km of 3D with Engie for liquefied natural gas from Sempra’s
seismic data from Production Licence 3, an off- proposed Port Arthur LNG facility. For 15 years,
shore block that includes the Greater Kudu area. Engie will receive some 0.875mn tonnes per year
of LNG from the Port Arthur LNG Phase I pro-
AsianOil: Petronas makes “significant” oil find ject, on the Gulf of Mexico.
off Malaysia
Malaysia’s Petronas has reported what it LatAmOil: Stabroek partner to buy $750mn in
describes as a “significant” oil discovery at a well carbon credits from Guyana
off the coast of Sarawak. The find was made at US-based Hess, a minority shareholder in the
the Nahara-1 well at Block SK306, some 150 offshore Stabroek block, has signed an agree-
km from Bintulu, where Malaysia’s main LNG ment with the government of Guyana on the
export is located. purchase of 37.5mn carbon credits between
2022 and 2032. The document, which was final-
DMEA: TNP, Forcados restarts bring Nigerian ised at a ceremony witnessed by the company’s
oil output up to 1.6mn bpd CEO John Hess and Guyanese President Irfaan
Nigeria has pushed crude oil production up to Ali, provides for Hess to acquire 2.5mn carbon
1.6mn barrels per day thanks to the re-open- credits per year for the period between 2016 and
ing of the Forcados terminal and the partial 2030.
resumption of shipments through the Trans-Ni-
ger Pipeline (TNP), according to a subsidiary of MEOG: ADNOC and Petronas sign unconven-
Nigerian National Petroleum Co. Ltd (NNPCL). tional deal
Bala Wunti, the head of National Upstream Abu Dhabi National Oil Co. (ADNOC) this
Investment Management Services (NUIMS), week signed a deal with Petronas that awards the
told Arise TV in an interview on December 7 Malaysian firm the first concession for unconven-
that output levels had risen by 350,000 bpd due tional oil development in the Middle East. Under
to these developments. the terms of the agreement, Petronas was granted
100% operatorship of the six-year exploration
EurOil: Neptune has made third oil, gas find in six phase of the Unconventional Onshore Block 1
months asset which covers more than 2,000 square km
Neptune Energy has made its third oil and gas in the western Al Dhafra region of Abu Dhabi.
discovery in the last six months, in the Norwegian
Sea, the Norwegian Petroleum Directorate (NPD) NorthAmOil: Los Angeles bans new oil wells, to
reported on December 9, estimating the size of the close existing wells
find at 6.3mn-22mn barrels of oil equivalent. The Los Angeles city councillors have voted unan-
Calypso discovery well, 14 km north-west of the imously to ban existing oil wells within city
Neptune-operated Draugen field, encountered an boundaries immediately, and to phase out exist-
8-metre gas column and a 30-metre oil column in ing ones within 20 years. There are 26 oil and
the Garm formation, with reservoir quality of “good gas fields – and some 5,000 wells – within the
to very good,” the NPD said. metropolis, the country’s second-largest.

P18 www. NEWSBASE .com Week 01 05•January•2023