Page 15 - NorthAmOil Week 26 2021

NorthAmOil NEWSBASE’S ROUNDUP GLOBAL (NRG) NorthAmOil

NewsBase’s Roundup Global (NRG)

GLOBAL WELCOME to NewsBase’s Roundup Global Peninsula in order to limit Scope 2 emissions at
(NRG), in which the reader is invited to join its Yamal LNG plant. Like other Russian oil and
our team of international editors, who provide a gas companies, Novatek is under heightened
snapshot of some of the key issues affecting their pressure to reduce the emissions from its prod-
regional beats. We hope you will like NRG’s new ucts, in order to boost its environmental, social
concise format, but by clicking on the headline link and governance (ESG) rating and make its gas
for each section the full text will be available as more attractive to buyers.
before.
GLNG: South Africa rejects Karpowership
AfrOil: Developments in Ghana’s offshore applications for LNG-to-power projects
zone South Africa’s Department of Forestry, Fisher-
Ghana’s offshore zone is in the spotlight this ies and the Environment (DFFE) has decided
week, with Eni (Italy) losing a court case to a against giving Turkey’s Karpowership permis-
local company and state-owned Ghana Oil sion to go ahead with three LNG-to-power
(GOIL) seeking a new partner to replace Exxon- projects. DFFE announced its decision in a state-
Mobil (US) in the DW/CTP project. Springfield ment dated June 24.
Exploration and Production, a privately owned
Ghanaian company, has scored a victory in its LatAmOil: Ecopetrol given more time to
legal battle with Eni over the unitisation of two prepare ISA offer
licence areas known as Sankofa and Afina. Ecopetrol, Colombia’s national oil company, has
said that the government will extend the period
AsianOil: Pertamina’s shipping arm unveils during which it has the exclusive right to nego-
$4bn asset upgrade plan tiate for a 51.4% equity stake in Interconexion
The shipping arm of Indonesia’s state-owned Electrica, the country’s electricity TSO. In a
Pertamina has unveiled plans to invest $4bn to statement dated June 24, Ecopetrol reported that
upgrade its vessels and terminals over the next the end date of its exclusivity agreement with the
seven years. Pertamina International Shipping Ministry of Finance and Public Credit (MHCP)
(PIS) intends to replace 23 vessels and expand had been pushed back to August 31.
its fleet, director of business planning Wisnu
Medan Santoso told Reuters on June 25. MEOG: UAE bid expected as Iraq talks
connectivity
DMEA: Eyes on fuel sources This week MEOG looks at plans by a Pakistani
This week’s DMEA looks at Saudi Aramco’s consortium to set up a special purpose vehicle
plans to play a major role in the nascent blue to bid on an exploration block in the UAE, while
hydrogen sector and Angola hiring two firms to Iraq’s Prime Minister has met with regional
provide more traditional fuels over the next 12 counterparts to discuss gas and electricity inter-
months. State-owned Saudi Aramco this week connectivity. A group of four Pakistan-based oil
spoke of plans to be a major player in the emerg- and gas companies have formed a consortium to
ing blue hydrogen market, though it reiterated bid for an exploration block advertised by Abu
that it does not anticipate significant growth in Dhabi National Oil Co. (ADNOC) in its second
the sector until the end of the decade. Mean- competitive bid round in 2019. Meanwhile, fol-
while, Angola’s state-owned Sonangol this week lowing a meeting with Jordan’s King Abdullah II
announced that it had contracted Vitol and Total and Egyptian President el-Sisi, the office of Iraqi
Trading SA (TOTSA) – a subsidiary of France’s PM al-Kadhimi said: “This visit is an important
TotalEnergies – to import gasoline and diesel for message to our people that we are mutually sup-
the next year. portive and unified to serve our people and the
people of the region.”
EurOil: Shell moves in on BP Shearwater
position NorthAmOil: Southwestern commits to
Royal Dutch Shell looks set to pick up rival BP’s RSG in Appalachia
stake in the Shearwater gas field in the UK North Southwestern Energy announced last week that
Sea, after exercising its right as the project’s oper- it had struck a deal with Project Canary to cer-
ator to match a bid by Tailwind Energy. Tailwind, tify all of its Appalachian Basin shale gas output
backed by private equity group Mercuria, struck as being responsibly sourced. The company
a deal to buy BP’s 27.5% interest in the field in said it would obtain the responsible sourced
May. gas (RSG) certification using Project Canary’s
TrustWell standards and continuous emissions
FSUOGM: Novatek considers Yamal wind monitoring.
power
Russia’s Novatek is reportedly considering See the archive and sign up to receive NRG Editor’s
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Week 26 01•July•2021 www. NEWSBASE .com P15