Page 15 - FSUOGM Week 30 2021

FSUOGM NEWSBASE ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global Petroleum Directorate (NPD) reported on
(NRG), in which the reader is invited to join July 7.
our team of international editors, who provide a Eight discoveries were made during the
snapshot of some of the key issues affecting their six-month period, with a combined mid-
regional beats. We hope you will like NRG's new range resource estimate of more than 400mn
concise format, but by clicking on the headline barrels of oil equivalent (boe). The largest
link for each section the full text will be available was made at Dvalin Nord in the Norwegian
as before. Sea by Germany’s Wintershall Dea. Some
finds were also in the North and Barents
AfrOil: Cameroon To Send More Gas To seas.
FLNG
Perenco (UK/France) and Société Nationale des GLNG: Port Arthur LNG Plans Suffer Another
Hydrocarbures (SNH), the national oil company Blow
(NOC) of Cameroon, have arranged to increase US-based Sempra Energy announced this
the total volume of natural gas delivered to the week that it had signed a memorandum of
Hilli Episeyo, a floating LNG (FLNG) vessel understanding (MoU) with Poland’s PGNiG
owned by Bermuda-registered Golar LNG. for the potential purchase of around 2mn
According to Golar LNG, the parties have tonnes per year (tpy) of LNG. The preliminary
struck a deal that provides for Perenco and SNH deal potentially spells bad news for Sempra’s
to deliver enough additional gas to boost the proposed Port Arthur LNG export project in
FLNG’s production capacity to 1.4mn tonnes Texas.
per year in 2022.
LatAmOil: US Legislators Urge Biden To Ex-
AsianOil: India Approves Two New SPR amine Mexican Energy Policy
Sitest Twenty US senators and representatives,
The Indian government has approved plans including members of both the Democratic
to build two underground crude oil storage and Republican parties, have urged President
facilities that will expand the country’s strate- Joe Biden to take a closer look at the Mexi-
gic petroleum reserve (SPR) capacity by 6.5mn can government’s energy policy in light of
tonnes. the challenges faced by US oil, gas and power
The central government allocated INR2.1bn companies working in Mexico.
($28.18mn) in fiscal year 2020-2021 to acquire
the land needed for a 4mn tonne (43.98mn bar- MEOG: Deals And Details
rel) facility in Odisha State and a 2.5mn tonne In this week’s MEOG we look at the approval
(18.3mn barrel) facility in Karnataka State, Min- by the Iraqi Cabinet of a broad energy sector
ister for Petroleum and Natural Gas Rameswar deal that finally signals some good news in
Teli told the Lower House on July 26. relation to IOCs for Baghdad, while details
have emerged about the remaining capacity
DMEA: Pipe Freeze And Sanctions Scrutiny increases at Iran’s new oil pipeline.
This week’s DMEA covers the freezing of a con- The deal between Iraq’s Ministry of Oil
troversial pipeline deal while revelations have (MoO) and TotalEnergies’ deal will see the
been made about the company at the heart of French company carry out work on projects
Iran’s ongoing oil trade. in oil, gas and renewables.
Israel’s Ministry of Environmental Protec-
tion this week announced that it was delaying NorthAmOil: Shell Announces Whale FID
the development of an oil transmission pro- A Royal Dutch Shell subsidiary announced
ject that will pipe Emirati oil from the Red Sea this week that it had made a final investment
directly to the Mediterranean. decision (FID) on the Whale project in the US
Gulf of Mexico. See the archive and
EurOil: Norway Enjoys Good Year Shell Offshore said Whale would entail sign up to receive
Activity on the Norwegian Continental Shelf 99% replication of the hull and 80% replica- *NRG Editor’s Picks*
(NCS) has been high this month, supported tion of the topsides from the company’s Vito for free by email each
by a rally in oil and gas prices, the Norwegian project. week here

Week 30 28•July•2021 www. NEWSBASE .com P15