Page 18 - DMEA Week 37 2022

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global entire holding in the Kharyaga oil project in
(NRG), in which the reader is invited to join our the country’s far north. Equinor announced in
team of international editors, as they provide a May it had transferred shares in four joint ven-
snapshot of some of the key issues affecting their tures in Eastern and Western Siberia to its state-
regional beats. We hope you will like NRG’s new owned partner Rosneft, while disclosing terms.
concise format, but by clicking on the headline
link for each section the full text will be available GLNG: Peru LNG sends three cargoes to
as before. UK in August
Peru LNG, the operator of a natural gas lique-
AfrOil: Eni acquires BP’s Algerian assets faction plant and export terminal in Pampa
Italy’s Eni has reached agreement with BP Melchorita, resumed exports in August follow-
(UK) on the acquisition of the latter company’s ing a planned shutdown for maintenance in
upstream assets in Algeria. In a statement, Eni July. According to Peru’s national oil company
said it expected the deal to help it gain access to (NOC) Perupetro, the Peru LNG consortium
additional natural gas reserves that could be used loaded a total of 174,497 tonnes of LNG in the
to supply European markets, while also expand- month of August.
ing its own business operations in Algeria.
LatAmOil: Petrobras considers offering
AsianOil: Australia awards permits for CCS services to third parties
evaluation of CCS opportunities Brazil’s national oil company (NOC) may begin
The Australian government has awarded per- offering services to third parties, a Petrobras rep-
mits for companies to undertake evaluation resentative has said. Currently, Petrobras’ CCS
and appraisal work for the potential storage of programmes are designed primarily to reduce
carbon dioxide (CO2) in the country’s waters. the carbon intensity of the company’s own oper-
On September 5, Santos announced that it had ations, especially at deepwater and ultra-deep-
been awarded permits G-9-AP and G-11-AP to water pre-salt fields in Brazil’s offshore zone.
pursue carbon capture and storage (CCS) oppor-
tunities in the Carnarvon and Bonaparte basins MEOG: OPEC+ makes a cut
offshore Western Australia. The OPEC+ group of oil producers last week met
to decide their next production quotas, elect-
EurOil: EU energy ministers clash over ing to row back on last month’s increase in the
Russian gas price cap proposal wake of falling prices and demand concerns. As
EU member states have clashed over the Euro- expected, the 100,000 barrel per day (bpd) uptick
pean Commission’s proposal to place a price added in August was removed again on Septem-
cap on Russian gas supplies, casting doubt on ber 6, with the group saying it would meet again
whether the measure will be implemented. The on October 5.
bloc’s 27 energy ministers met on September 9
to discuss a package of EC proposals aimed at NorthAmOil: EQT announces $5.2bn
depriving Moscow of revenues to fund its war Appalachian acquisition
in Ukraine, and ease soaring energy costs for EU Shale gas producer EQT said this week that it had
households and businesses. entered into an agreement with THQ Appalachia
I and THQ-XcL Holdings I to acquire Tug Hill’s
FSU OGM: Equinor finishes exit from upstream operations and XcL’s midstream gath-
Russia ering and processing assets. In total, EQT will
Norway’s Equinor has completed its withdrawal pay $5.2bn for the assets, comprised of $2.6bn in
from Russia’s oil industry with the sale of its cash and $2.6bn in stock. ™

NRG Oil & Gas Editor’s Picks

See the archive and sign up to receive
NRG EDITOR’S PICKS

for free by email each week here.

P18 www. NEWSBASE .com Week 37 15•September•2022