Page 16 - GLNG Week 05 2023

GLNG NEWSBASE ROUNDUP GLOBAL (NRG) GLNG

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Oil & Gas Roundup FSUOGM: Russia’s Current Account Sur-
Global (NRG), in which the reader is invited plus Falls By $16bn To $31bn In 4Q22
to join our team of international editors, who The value of imports into Russia in the fourth
provide a snapshot of some of the key issues quarter of 2022 decreased at a slower pace
affecting their regional beats. We hope you will year on year, the Central Bank of Russia
like NRG's new concise format, but by clicking (CBR) reported on January 26.
on the headline link for each section the full text The positive change was driven by the
will be available as before. reorientation of imports to countries that had
not introduced sanctions against Russia and
by the expansion of parallel imports, the CBR
AfrOil: Reports Surface Of New Shell Dis- said in a report.
covery Offshore Namibia
Shell (UK) has made a new discovery in the LatAmOil: T&T Wins Two-Year Waiver For
Orange basin offshore Namibia, according to a Joint Gas Project With Venezuela
report from Upstream Online. Keith Rowley, the prime minister of Trinidad
Three informed sources told the and Tobago, revealed that US authorities have
publication that the multi-national had agreed to let his country proceed with the devel-
found hydrocarbons in Jonker-1, a well opment of Dragon, a natural gas field offshore
drilled at Block 2913A. Venezuela.
Some sources have reported that Venezuela’s
AsianOil: Santos Suffers Further Delays At national oil company (NOC) PdVSA will
Barossa Project serve as operator of the project, which
Australia’s Santos has suffered more delays at targets a section of the maritime boundary
its $3.6bn Barossa gas project in the country’s line between Trinidad and Tobago and
north, after a regulator instructed the company Venezuela.
to assess environmental risks to underwater
indigenous cultural heritage before commenc- MEOG: OQ Outlines Plans For Abraj IPO
ing pipeline construction. Omani state oil firm OQ this week disclosed
Australia’s offshore regulator announced its plans to sell up to 49% of its Abraj Energy
the requirement on January 13. Services drilling arm in an initial public offer-
ing (IPO) on the Muscat Securities Market
DMEA: Uganda To Take Hoima FID In June (MSX).
Uganda’s planned 60,000 barrel per day (bpd) Documents posted on the Abraj website
refinery at Kabale in Hoima district is expected said that the subscription period would
to begin production by 2025, pending a final begin in February ahead of a March listing,
investment decision (FID) to be made in June. with Bloomberg reporting in September
The project is expected to cost around that such a move could raise up to $500mn.
$4bn, but a more precise figure will be
provided during the decision-making NorthAmOil: Hess To Focus In 2023 On
process. Bakken Shale Play
Hess Corp. will focus more than 80% of a
EurOil: Europe Ramps Up Gas Withdrawals $3.7bn capital and exploratory budget in 2023
European gas consumers sharply increased gas on a four-rig drilling programme in the Bakken See the archive and
withdrawals from storage facilities at the end of shale, and also on development in Guyana. sign up to receive
January, more than tripling them versus the level Net production in the Bakken, in *NRG Editor’s Picks*
in the first half of the month, according to data North Dakota, is forecast to average for free by email each
published by Gas Infrastructure Europe (GIE). 165,000-170,000 barrels of oil equivalent week here
In the January 19-25 period, average gas per day (boepd), said the New York-
withdrawals in the EU reached 693mn cubic based exploration and production
metres per year, according to GIE. company.

P16 www. NEWSBASE .com Week 04 27•January•2023