Page 16 - LatAmOil Week 37 2021

LatAmOil NEWSBASE ROUNDUP GLOBAL (NRG) LatAmOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global potential production of blue ammonia in Nor-
(NRG), in which the reader is invited to join way’s far north. Ammonia has long been used in
our team of international editors, who provide a the fertiliser and chemical industries. But if pro-
snapshot of some of the key issues affecting their duced cleanly, it could also serve as a low-carbon
regional beats. We hope you will like NRG’s new energy carrier and shipping fuel.
concise format, but by clicking on the headline
link for each section the full text will be available FSU OGM: Three Naftogaz board
as before. members resign
Three members of the independent board of
AfrOil: Sonangol looks ahead to IPO Ukrainian state gas supplier Naftogaz resigned
Sonangol, the national oil company (NOC) of on September 8 amid tensions within the com-
Angola, has revealed details of its plan to issue pany’s current leadership. The board of Western
an initial public offering (IPO) of stock. Accord- energy executives resigned in May in protest
ing to Sebastião Gaspar Martins, the chairman of over the abrupt firing of former CEO Andriy
the government-owned company, Sonangol will Kobolyev, although they later agreed to stay on.
sell 30% of its equity in multiple locations, start-
ing with the Angola Debt and Stock Exchange GLNG: Gazprom pushes forward with
in Luanda and expanding later to London and $13bn Baltic LNG project
New York. Russian gas supplier Gazprom has awarded an
engineering procurement and construction
AsianOil: Santos awards Dorado subsea contract for the $13bn LNG complex it is devel-
FEED contract oping on the Baltic Sea, bringing the ambitious
Australian independent Santos has awarded the project one step closer to realisation. Despite its
subsea front-end engineering and development status as Russia’s top gas producer and top gas
(FEED) contract for the Dorado oilfield devel- exporter, Gazprom has struggled to expand in
opment to services provider Atteris. Atteris said the LNG arena.
on September 13 that the design work would
include flow assurance definition and design MEOG: Kuwait to expand drilling
of the subsea system connecting the wellhead State-owned Kuwait Oil Co. is planning to dras-
platform to the floating production, storage and tically increase drilling as part of its plan to ful-
offloading (FPSO) vessel. fil its output capacity target of 4mn barrels per
day by 2040, up from the current 3.1-3.2mn
DMEA: Aramco in South Sudan talks bpd. Meanwhile, Aramco is reported to be con-
South Sudan is expected to agree terms with sidering two major changes to its approach to gas
Saudi Aramco on the long-term supply of oil development as the company targets a leading
derivatives following the recent signing of a role in the gas, chemicals and hydrogen markets.
memorandum of understanding. Meanwhile,
protesters are reported to have prevented the NorthAmOil: Post-Ida refinery repairs may
loading of oil tankers at two Libyan terminals be too costly for Phillips 66
this week, just days after loading had resumed Downstream player Phillips 66 may be forced to
following disruption. idle a refinery in Louisiana as a result of severe
damage from Hurricane Ida, which hit the state
EurOil: Barents goes blue at the end of August. Citing sources familiar with
Norwegian oil producers Equinor and Var the matter, Bloomberg reported on September
Energi have joined forces with clean energy 10 that the plant suffered so much damage that
developer Horisont Energi to look at the repairs may be too costly. ™

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P16 www. NEWSBASE .com Week 37 16•September•2021