Page 15 - AsianOil Week 05 2023

AsianOil NEWSBASE ROUNDUP GLOBAL (NRG) AsianOil

NewsBase Roundup Global (NRG)

Welcome to NewsBase’s Oil & Gas Roundup GLNG: Third Floating LNG Terminal Arrives
Global (NRG), in which the reader is invited In Germany As It Continues Diversifying En-
to join our team of international editors, who ergy Supply
provide a snapshot of some of the key issues Germany received the Hoegh Gannet floating
affecting their regional beats. We hope you will storage and regasification unit (FSRU) on
like NRG's new concise format, but by clicking January 20 at its Brunsbuettel Elbehafen port
on the headline link for each section the full text near Hamburg. It marks the third floating
will be available as before. LNG (FLNG) terminal to start up in recent
weeks as the country continues its shift away
from Russian gas.
AfrOil: Reports Surface Of New Shell Dis- The first LNG cargo is slated to arrive at
covery Offshore Namibia the end of January and will be shipped by
Shell (UK) has made a new discovery in the ADNOC from Abu Dhabi’s Island Das, with
Orange basin offshore Namibia, according to a Uniper and EnBW along with RWE being
report from Upstream Online. responsible for filling the FSRU with LNG.
Three informed sources told the
publication that the multi-national had LatAmOil: T&T Wins Two-Year Waiver For
found hydrocarbons in Jonker-1, a well Joint Gas Project With Venezuela
drilled at Block 2913A. Keith Rowley, the prime minister of Trinidad and
Tobago, revealed that US authorities have agreed
DMEA: Uganda To Take Hoima FID In June to let his country proceed with the development
Uganda’s planned 60,000 barrel per day (bpd) of Dragon, a natural gas field offshore Venezuela.
refinery at Kabale in Hoima district is expected Some sources have reported that Venezuela’s
to begin production by 2025, pending a final national oil company (NOC) PdVSA will
investment decision (FID) to be made in June. serve as operator of the project, which targets a
The project is expected to cost around section of the maritime boundary line between
$4bn, but a more precise figure will be Trinidad and Tobago and Venezuela.
provided during the decision-making
process. MEOG: OQ Outlines Plans For Abraj IPO
Omani state oil firm OQ this week disclosed its
EurOil: Europe Ramps Up Gas Withdrawals plans to sell up to 49% of its Abraj Energy Services
European gas consumers sharply increased gas drilling arm in an initial public offering (IPO) on
withdrawals from storage facilities at the end of the Muscat Securities Market (MSX).
January, more than tripling them versus the level Documents posted on the Abraj website
in the first half of the month, according to data said that the subscription period would
published by Gas Infrastructure Europe (GIE). begin in February ahead of a March listing,
In the January 19-25 period, average gas with Bloomberg reporting in September
withdrawals in the EU reached 693mn cubic that such a move could raise up to $500mn.
metres per year, according to GIE.
NorthAmOil: Hess To Focus In 2023 On
FSUOGM: Russia’s Current Account Sur- Bakken Shale Play
plus Falls By $16bn To $31bn In 4Q22 Hess Corp. will focus more than 80% of a
The value of imports into Russia in the fourth $3.7bn capital and exploratory budget in 2023
quarter of 2022 decreased at a slower pace on a four-rig drilling programme in the Bakken
year on year, the Central Bank of Russia shale, and also on development in Guyana. See the archive and
(CBR) reported on January 26. Net production in the Bakken, in sign up to receive
The positive change was driven by the North Dakota, is forecast to average *NRG Editor’s Picks*
reorientation of imports to countries that had 165,000-170,000 barrels of oil equivalent for free by email each
not introduced sanctions against Russia and per day (boepd), said the New York- week here
by the expansion of parallel imports, the CBR based exploration and production
said in a report. company.

Week 05 04•February•2023 www. NEWSBASE .com P15