Page 17 - DMEA Week 49 2021

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global Rosneft and other Russian oil and gas majors
(NRG), in which the reader is invited to join have followed their international counterparts
our team of international editors, who provide a in taking steps to reduce emissions from their
snapshot of some of the key issues affecting their activities, as ESG concerns move higher up in
regional beats. the priority lists of investors.
We hope you enjoy NRG’s new concise for-
mat, but by clicking on the headline link for each GLNG: Prelude FLNG suspended after fire
section the full text will be available as before. Royal Dutch Shell suspended operations at its
Prelude floating LNG facility offshore Western
AfrOil: AGS to launch Ruvuma study Australia after a fire broke out on the vessel last
Africa Geophysical Services (AGS) of Oman is week.
reportedly on track to launch the first phase of Media cited company spokespersons as say-
a 3D seismic survey programme at the Ruvuma ing that smoke in an electrical utility area had
block in southern Tanzania in mid-December. triggered the automatic fire detection and man-
In a statement, UK-based Aminex, a agement system at the facility on December 2,
non-operating partner in the joint venture set up allowing the fire to be contained.
to develop the block, said that AGS had begun
preparatory work at the licence area on Novem- LatAmOil: GTP attracting strong interest
ber 15. The Guyanese government’s request for expres-
sions of interest in a $900mn gas-to-power pro-
AsianOil: Santos-Oil Search merger cleared ject is attracting strong interest, according to
The proposed merger between Santos and Oil Natural Resources Minister Vickram Bharrat.
Search is closer to reality after receiving approval In an interview with OilNOW.gy, Bharrat
from Papua New Guinea’s (PNG) Securities said the EoI had drawn responses from more
Commission. than 30 potential investors since July.
In the same week, over 95% of Oil Search
shareholders voted in favour of the merger, MEOG: Field work in Iraq and Saudi
despite opposition from some long-standing The state-owned Iraqi Drilling Co. (IDC) signed
investors in the company. a contract with US services specialist Weather-
ford to collaborate on drilling and reclamation
EurOil: Cambo up in the air serves and to install new systems as Baghdad
Royal Dutch Shell has withdrawn from the large pushes ahead with plans to increase oil produc-
Cambo oil development in UK waters west of tion capacity.
the Shetland Islands, in what environmentalists Meanwhile, Saudi Aramco awarded a con-
are welcoming as a death blow for the project, tract to UK-based Wood plc and extended
which has faced unprecedented scrutiny over its another with Australia’s Worley for support ser-
climate impact. vices as the Saudi firm seeks to expand produc-
Cambo is one of the largest untapped fields tion capacity.
remaining on the UK Continental Shelf, and
Siccar Point hopes to recover as much as 175mn NorthAmOil: Net-zero Permian plans
barrels of oil and some 1.5bn cubic metres of gas Super-major ExxonMobil has announced that
from its first stage of development. it will target net-zero greenhouse gas emissions
from its operated assets in the US’ Permian
FSUOGM: Rosneft looks at wind for Vostok Basin by 2030.
Russian state oil giant Rosneft has teamed up The announcement comes days after the
with Chinese companies to look at the potential company unveiled tougher emissions targets as
for powering its giant Vostok Oil project in the part of an update on its medium-term corporate
Russian Arctic with wind energy. plans.™

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