Page 19 - DMEA Week 19 2021

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global block, which is believed to be gas prone.
(NRG), in which the reader is invited to join
our team of international editors, who provide a GLNG: Delay for Port Arthur LNG FID?
snapshot of some of the key issues affecting their Sempra Energy said last week that it would likely
regional beats. delay the final investment decision (FID) on its
We hope you will like NRG’s new concise for- proposed Port Arthur LNG export terminal in
mat, but by clicking on the headline link for each Texas to 2022.
section the full text will be available as before. If this happens, it would be the second delay
after Sempra initially pushed back the FID
AfrOil: Total launches Zinia Phase 2 project from 2020 to 2021 as a result of market uncer-
France’s Total has launched the second stage of tainty caused by the coronavirus (COVID-19)
development work at Zinia, a section of Block pandemic.
17 offshore Angola. In a joint statement with
Angola’s National Oil, Gas and Biofuels Agency LatAmOil: Mexican nepotism under fire
(ANPG), Total reported that it had brought the Mexican President Andres Manuel Lopez Obra-
Zinia Phase 2 short-cycle project on stream. dor has come under fire from an influential US
industry association for his efforts to ensure that
AsianOil: Comet’s Queensland CBM block state-owned companies continue to dominate
Australian independent Comet Ridge has the domestic energy sector.
been awarded a new coal-bed methane (CBM) In a letter sent to several high-ranking US
exploration block by the Queensland State officials, the American Petroleum Institute (API)
government. criticised the Mexican government’s policy of
Comet said on May 10 that the 338-square giving preference to public-sector organisations
km authority to prospect (ATP) 2063, which such as Pemex, the national oil company (NOC),
will now be called Mahalo Far East, was one of and the Federal Electricity Commission (CFE).
two the state government had assigned to the
company in September 2020 under preferred MEOG: Basra buying and Burgan on fire
tenderer status. This week’s MEOG looks at Basra Oil Co.
(BOC’s) efforts to buy a major stake in one of
EurOil: Poland prepares to lay Baltic Pipe Iraq’s biggest oilfields and the outbreak of a fire at
Preparations are underway for pipelaying to the world’s second-largest onshore oilfield.
begin at the Baltic Pipe project that will flow Following weeks of speculation, BOC sub-
Norwegian gas to Poland, Polish gas transmis- mitted a formal request this week to acquire
sion system operator Gaz-System reported on ExxonMobil’s 32.7% stake in the West Qurna-1
May 6. oilfield development project.
The EU-backed pipeline will deliver 10bn In Kuwait, state-owned Kuwait Oil Co.
cubic metres per year of gas to Poland at full (KOC) said that production from the country’s
capacity, helping the country to wean itself off key Great Burgan oilfield had not been affected
Russian gas and replace more coal-fired power despite the outbreak of a “limited” fire which
generation with cleaner gas-burning plants. injured two workers.
FSUOGM: Rosneft’s licence purchase NorthAmOil: Colonial Pipeline under attack
Rosneft outbid its domestic rival Gazprom in a A ransomware cyberattack on Colonial Pipeline
heated tender in late April for rights to a large has been described as one of the most disruptive
onshore oil and gas block in the Yamalo-Nenets digital ransom schemes ever reported.
region, paying an unusually high $240mn for The 5,500-mile (8,850-km) pipeline, which
the licence. carries nearly half the fuel consumed along the
Rosnedra invited bids starting at RUB697mn US East Coast, was forced by the attack to go
($9.45mn) for rights to the Severo-Kustarnikovy offline on May 7.™

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