Page 15 - EurOil Week 13 2022

EurOil NEWSBASE ROUNDUP GLOBAL (NRG) EurOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global marks Moscow’s toughest response to West-
(NRG), in which the reader is invited to join ern sanctions imposed for the invasion of
our team of international editors, who provide a Ukraine.
snapshot of some of the key issues affecting their Russian President Vladimir Putin has
regional beats. We hope you will like NRG's new described Western sanctions as akin to eco-
concise format, but by clicking on the headline nomic warfare, and announced on March
link for each section the full text will be available 23 that all payments for Russian gas by
as before. so-called “unfriendly states” should be paid
in rubles, and has instructed Russia’s Central
AfrOil: NUPRC Highlights Oil Thefts From Bank and Gazprom to put the requirement in
Bonny, Forcados, Brass Pipeline Networks place within a week
The Nigerian Upstream Petroleum Regula-
tory Commission (NUPRC) has identified GLNG: Tellurian Starts Construction On
the pipeline networks serving the Bonny, Driftwood LNG
Forcados and Brass terminals as the biggest US-based Tellurian announced on March 28
sources of crude oil theft in the country. that it had kicked off construction on its Drift-
In a meeting with representatives of the wood LNG terminal on Louisiana’s Gulf Coast.
Independent Petroleum Producers Group The company has issued engineering, pro-
(IPPG) and the Oil Producers Trade Section curement and construction (EPC) contractor
(OPTS) on March 24, NUPRC officials said Bechtel with a limited notice to proceed.
that these three networks appeared to be
particularly vulnerable because of the eco- LatAmOil: SENER Formally Names Pemex
nomic challenges facing host communities As Operator Of Zama Oilfield
and some investors’ failure to engage ade- US-based Talos Energy has confirmed its
quately with residents. receipt of documents from Mexico’s Sec-
retariat of Energy (SENER) finalising the
AsianOil: Sinopec Plans Biggest Capex decision to award Pemex, the national oil
Budget In History company (NOC), control of the offshore
China’s Sinopec is targeting the largest acreage that includes the Zama oilfield.
capital expenditure budget in its history In a statement, Talos said it had received
for 2022. This comes after the state-owned from SENER the unitisation resolution
company recorded its highest profit in a (UR) that merges Block 7, where Talos orig-
decade, and is in line with Beijing’s call for inally discovered Zama, with Uchukil 0152,
energy companies to ramp up production. adjacent block assigned to Pemex.
According to a company statement
filed with the Shanghai Stock Exchange MEOG: Iranian Drilling And Supplies For
on March 27, Sinopec is planning to invest Jordan
CNY198bn ($31.1bn) this year, up 18% on This week’s MEOG looks at an Iranian drill-
2021 and exceeding the previous record of ing campaign and the renewal of an oil sup-
CNY181.7bn ($28.5bn) spent in 2013. ply deal to Jordan.
The National Iranian Drilling Co. (NIDC)
DMEA: Shootout At Dangote announced this week that it has started a
In DMEA this week we cover a shootout at 10-well campaign at the supergiant South
Africa’s most eagerly anticipated industrial Azadegan oilfield in the south of the country.
plant.
Nigeria’s Dangote Refinery came NorthAmOil: Shell Starts Production At
under attack this week as an armed group PowerNap Project In Gulf
exchanged fire with security personnel dur- Shell announced on March 29 that it had
ing an attempt to steal equipment. started production at the PowerNap project
in the US Gulf of Mexico. PowerNap is a sub- See the archive and
FSUOGM: Russian Requires Ruble Pay- sea tieback to the Olympus platform, which is sign up to receive
ments Within Days also operated by Shell and located in the Mars *NRG Editor’s Picks*
The Kremlin has warned its Western adver- Corridor. for free by email each
saries that Russia’s state-owned gas sup- The PowerNap project has an estimated week here
plier Gazprom will demand payment for peak production rate of 20,000 barrels of oil
its supplies in rubles within days, in what equivalent per day (boepd) from three wells.

Week 13 31•March•2022 www. NEWSBASE .com P15