Page 17 - FSUOGM Week 12 2022

FSUOGM NEWSBASE ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global by Russia’s war in Ukraine.
(NRG), in which the reader is invited to join The UK major announced in early
our team of international editors, who provide a December it was leaving the Siccar Point-op-
snapshot of some of the key issues affecting their erated project because its economic case
regional beats. We hope you will like NRG's new “was not strong enough” and there was a risk
concise format, but by clicking on the headline of delays.
link for each section the full text will be available
as before. GLNG: Germany Targets LNG Supplies
From Qatar
AfrOil: Uganda’s Energy Minister Hopes Germany is turning to Qatar for LNG as it
For Refinery FID In 2023 pivots away from Russian natural gas in the
Uganda’s Energy Minister Ruth Nankabirwa wake of the war in Ukraine. Following a visit
says that the Albertine Graben Refinery to Qatar over the weekend of March 19-20,
Consortium (AGRC) is on track to make a German Minister of Economy Robert Habeck
final investment decision (FID) next year on described a deal between the two countries as
the construction of a plant that will process a “door opener”.
crude oil from fields near Lake Albert.
At the weekend, Nankabirwa stated that LatAmOil: Emissions Reduction May Be A
discussions among members of the consor- Factor In Ecuador’s Intracampos 2 Tenders
tium were moving forward. Ecuador’s Energy Minister Juan Carlos
Bermeo has said that Quito may take car-
AsianOil: BP, Petronas Win Offshore Blocks bon emissions reduction goals into account
In Indonesian Auction when selecting the winners of upcoming
Super-major BP and Malaysia’s Petronas tenders for six onshore oil blocks.
both announced on March 18 that they had More specifically, Bermeo said, Ecua-
been awarded deepwater exploration blocks dor may give extra consideration to offers
as part of the second round of Indonesia’s from investors that offer access to technol-
2021 Oil and Gas Working Area (WK) Bid ogies that help shrink the country’s carbon
Round. footprint.
BP has been awarded the Agung I and
Agung II blocks, while Petronas won rights MEOG: PNZ Partners Agree Dorra Deal
to the North Ketapang block. MEOG this week covers an agreement to
develop a shared gas field in the shared Par-
DMEA: Angola Refinery Work Set To Start titioned Neutral Zone (PNZ).
In DMEA this week, we look at the upcom- The governments of Kuwait and Saudi
ing start of work on a new refinery in Angola Arabia this week agreed a deal for the belated
and more attacks on Saudi facilities. development of the offshore Dorra gas field.
Work on a greenfield refinery in
north-western Angola is expected to begin NorthAmOil: Biden Administration To Re-
late next month, with equipment set to begin sume Federal Oil And Gas Leasing
arriving at the location of a similar facility The administration of US President Joe Biden
two months later, according to a represent- will resume oil and gas leasing on federal land
ative of the national oil company (NOC) following a court decision temporarily rein- See the archive and
Sonangol. stating a measure that puts a higher price on sign up to receive
the greenhouse gas (GHG) emissions associ- *NRG Editor’s Picks*
EurOil: Shell Reconsiders Cambo With- ated with projects. for free by email each
drawal Following Oil Price Spike The development marks the latest twist in week here
Shell is reportedly reconsidering its with- a saga that has been ongoing since Biden took
drawal from the giant Cambo oilfield west of office and attempted to review and overhaul
the UK Shetland Islands, in light of soaring the federal oil and gas leasing system, with cli-
oil and gas prices in recent months triggered mate change concerns in mind.

Week 12 23•March•2022 www. NEWSBASE .com P17