Page 18 - MEOG Week 23 2021

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global Protection Agency’s permit for the onshore part
(NRG), in which the reader is invited to join of the Baltic Pipe, a gas link between Norway
our team of international editors, who provide a and Poland, the Danish electricity and gas grids
snapshot of some of the key issues affecting their operator Energinet, which is building the pipe-
regional beats. line in co-operation with Poland, said on June 3.
We hope you will like NRG’s new concise for- The board’s decision is a setback for Poland,
mat, but by clicking on the headline link for each which is building capacity to import gas from
section the full text will be available as before. sources other than Russia.
AfrOil: Savannah seeks ExxonMobil assets FSUOGM: Transition takes centre stage
UK-based Savannah Energy is looking to The energy transition took centre stage at the
acquire a package of upstream and midstream St Petersburg International Economic Forum
assets in Chad and Cameroon from ExxonMo- on June 3-5, with the event resulting in a raft of
bil (US). In a statement, Savannah said it was in deals between Russian and international com-
“advanced exclusive discussions” with the US panies aimed at tackling emissions.
super-major on the deal, which covers Exxon- Russia has promoted SPIEF as the “largest
Mobil’s entire portfolio in the two countries. post-pandemic meeting,” estimating ahead of
the event that 5,000 delegates would attend.
AsianOil: Japanese firms to leverage CCS
Japanese developers are studying the use of car- GLNG: FSRU online offshore Argentina
bon capture and storage technology in domestic Excelerate Energy announced last week that its
upstream projects as they strive to boost output Exemplar floating storage and regasification
while also reducing emissions. unit had started operations offshore the Argen-
Inpex has teamed up with state-affiliated tine port of Bahia Blanca. This brings Argenti-
Japan Oil, Gas and Metals National Corp. (JOG- na’s LNG import facilities to two, with another
MEC) to implement a carbon dioxide (CO2) Excelerate FSRU already stationed at Escobar
enhanced oil recovery pilot test at the Minami- since 2011.
aga oilfield in Niigata Prefecture, they revealed in
a joint statement on June 4. LatAmOil: USTDA funds LNG-to-power
US-based Black & Veatch will conduct a feasibil-
DMEA: Egypt’s petchem and Nigerian urea ity study of the Andes Energy Terminal (AET)
Egyptian Prime Minister Mostafa Madbouly this project, an LNG-to-power scheme that will
week attended a ground-breaking ceremony for serve central and south-western Colombia. The
the start of construction on a new $7.5bn pet- costs of the study will be covered by a grant from
rochemical facility in the Suez Canal Economic the US Trade and Development Agency (TDA).
Zone in Ain Sokhna.
Meanwhile, speaking during a tour of the NorthAmOil: Consolidations not slowing
company’s facilities near Lagos over the week- The wave of consolidation sweeping the US oil
end, Dangote’s president said that the urea plant, and gas industry shows no sign of slowing, with
which will have a capacity of 3mn tpy in its first yet more new deals announced in recent days by
phase, is the largest project in the global fertiliser shale producers.
sector. Civitas Resources, which itself is currently in
the process of being formed through the merger
EurOil: Baltic Pipe setbacks of Bonanza Creek Energy and Extraction Oil &
Denmark’s Environmental and Food Appeals Gas, has agreed this week to acquire Crestone
Board has repealed the country’s Environmental Peak Resources.™

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P18 www. NEWSBASE .com Week 23 09•June•2021