Page 17 - DMEA Week 37 2021

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global of former CEO Andriy Kobolyev, although they
(NRG), in which the reader is invited to join later agreed to stay on.
our team of international editors, who provide a
snapshot of some of the key issues affecting their GLNG: Gazprom progresses Baltic LNG
regional beats. Russian gas supplier Gazprom has awarded an
We hope you enjoy NRG’s new concise for- engineering procurement and construction
mat, but by clicking on the headline link for each contract for the $13bn LNG complex it is devel-
section the full text will be available as before. oping on the Baltic Sea, bringing the ambitious
project one step closer to realisation.
AfrOil: Sonangol looks ahead to IPO Despite its status as Russia’s top gas producer
Sonangol, the national oil company of Angola, and top gas exporter, Gazprom has struggled to
has revealed details of its plan to issue an initial expand in the LNG arena.
public offering (IPO) of stock.
According to Sebastião Gaspar Martins, the LatAmOil: Hess enthusiastic about Pinktail
chairman of the government-owned company, ExxonMobil Guyana may include its latest find
Sonangol will sell 30% of its equity in multiple in Guyana’s offshore zone in its sixth develop-
locations, starting with the Angola Debt and ment project at Stabroek, according to the head
Stock Exchange in Luanda and expanding later of Hess, the US independent that holds a minor-
to London and New York. ity stake in the block.
John Hess, the CEO of Hess, said during a
AsianOil: Santos awards Dorado FEED recent webcast that the newly discovered Pink-
Australian independent Santos has awarded the tail field “has the potential to be coupled with
subsea front-end engineering and development Whiptail, a discovery announced earlier this
(FEED) contract for the Dorado oilfield develop- year ... to be the sixth development.”
ment to services provider Atteris.
Atteris said on September 13 that the design MEOG: Kuwait to expand drilling
work would include flow assurance definition This week’s MEOG covers Kuwait’s plans to
and design of the subsea system connecting the ramp up drilling operations as it seeks to expand
wellhead platform to the floating production, crude production, while Saudi Aramco is con-
storage and offloading (FPSO) vessel. sidering a new approach to gas.
State-owned Kuwait Oil Co. is planning to
EurOil: Barents goes blue drastically increase drilling as part of its plan to
Norwegian oil producers Equinor and Var fulfil its output capacity target of 4mn barrels per
Energi have joined forces with clean energy day by 2040, up from the current 3.1-3.2mn bpd.
developer Horisont Energi to look at the poten- Meanwhile, Aramco is reported to be consid-
tial production of blue ammonia in Norway’s far ering two major changes to its approach to gas
north. development as the company moves to target a
Ammonia has long been used in the fertiliser leading role in the gas, chemicals and hydrogen
and chemical industries. But if produced cleanly, markets.
it could also serve as a low-carbon energy carrier
and shipping fuel. NorthAmOil: Ida repairs may be too costly
Downstream player Phillips 66 may be forced to
FSUOGM: Naftogaz board members resign idle a refinery in Louisiana as a result of severe
Three members of the independent board of damage from Hurricane Ida, which hit the state
Ukrainian state gas supplier Naftogaz resigned at the end of August.
on September 8 amid tensions within the com- Citing sources familiar with the matter,
pany’s current leadership. Bloomberg reported on September 10 that the
The board of Western energy executives plant suffered so much damage that repairs may
resigned in May in protest over the abrupt firing be too costly.™

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