Page 17 - GLNG Week 48 2022

GLNG NEWSBASE’S ROUNDUP GLOBAL (NRG) GLNG

NewsBase’s Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global “South Stream” gas pipeline. “As a result of a set
(NRG), in which the reader is invited to join of investigative measures, [the FSB] prevented an
our team of international editors, who provide a attempt by Ukrainian special services to commit
snapshot of some of the key issues affecting their an act of sabotage and terrorism on the South
regional beats. We hope you will like NRG’s new Stream gas pipeline supplying energy resources
concise format, but by clicking on the headline link to Turkey and Europe,” the FSB said.
for each section the full text will be available as
before. GLNG: Biden announces tighter methane rule
for US oil and gas industry
The Biden administration has unveiled a pro-
posed tighter methane rule for the oil and gas
AfrOil: Eco Atlantic strikes out at Gazania-1 sector as the US races to cut GHG emissions.
UK-based Eco (Atlantic) Oil & Gas said it had Methane, the major component of natural gas
not found any crude oil or natural gas in the and which can leak from pipelines, is an espe-
Gazania-1 exploration well at Block 2B offshore cially potent greenhouse gas.
South Africa in the Orange basin. In a state-
ment dated November 18, Eco Atlantic said it LatAmOil: EPA imposes new permitting
had sunk Gazania-1 to the target depth of 2,360 requirement on USVI refinery
metres after spudding it on October 10. The US Environmental Protection Agency has
informed Port Hamilton Refining and Transpor-
tation (PHRT), the owner of the Limetree Bay
AsianOil: Indonesia set to decommission first Refinery near St. Croix in the US Virgin Islands,
offshore platform that it may not resume oil-processing operations
Indonesia’s Pertamina has decommissioned unless it first obtains a new comprehensive Clean
the country’s first offshore oil and gas platform, Air Permit. In a statement dated November 17,
in co-operation with South Korean partners. the agency said it had instructed US-based
Upstream regulator SKK Migas reported that PHRT to secure a Prevention of Significant Dete-
the platform, formerly operated by Chevron at rioration permit.
the East Kalimantan-Attaka block off the coast of
Balikpapan, would be decommissioned under a MEOG: PIF hires banks for ADES IPO
government-to-government partnership agree- Saudi Arabia’s Public Investment Fund (PIF) is
ment between Indonesia and South Korea. reported to have hired banks to lead the initial
public offering (IPO) of drilling firm ADES Inter-
DMEA: Israel eyes new gas export route to national on the Tadawul All Share Index (TASI),
Europe the local stock exchange. Sources were quoted
NewMed Energy (Israel) has indicated that by Reuters as saying that JPMorgan, Goldman
it does not want Egypt’s LNG plants to be the Sachs, SNB Capital – the Saudi National Bank’s
sole export outlet for natural gas from the Levi- investment arm – and Egypt’s EFG Hermes have
athan field. Yossi Abu, NewMed’s CEO, said been selected as joint lead managers on the list-
during a conference call discussing his compa- ing, which is expected to attract more than $1bn
ny’s third-quarter results on November 24 that when it launches next year.
he was “really keen” to develop a floating LNG
solution for Leviathan.
NorthAmOil: COP27 – Canada faces criticism
EurOil: Equinor, partners sign off on $1.4bn gas for oil and gas stance
field development Though global delegates have left COP27 in
Norway’s Equinor and its partners announced this Sharm El-Sheikh, the criticism of Canada’s stance
week that they had signed off on a NOK14.8bn on fossil fuels is still sharp. Canada was lambasted
($1.44bn) plan to develop an Arctic gas discovery by activists for refusing to sign a final agreement
off the country’s coast. The discovery, Irpa, will to phase out oil and gas, but it also challenged
yield around 20bn cubic metres of gas for export to other countries to adopt carbon pricing as a key
Europe via the Aasta Hansteen platform some 80 element of climate strategy...
km east of the find.

FSUOGM: FSB claims sabotage foiled at “South
Stream” gas pipeline
Russia’s federal security service (FSB) reported
on November 24 that it had prevented a sabo-
tage attempt by Ukrainian special forces at the

Week 48 01•December•2022 www. NEWSBASE .com P17