Page 13 - EurOil Week 01 2021

EurOil NEWSBASE’S ROUNDUP GLOBAL (NRG) EurOil

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GLOBAL WELCOME to NewsBase’s Roundup Global second half of this year. .
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(NRG), in which the reader is invited to join Gazprom’s management has stressed that such
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(NR
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o ur t e a m o f in t e rna t i o na l e di t o rs, w ho p r o v i d e hig h p r ices a r e n o t g o o d ei t h er f o r s u p p lier s
a snapshot of some of the key issues affecting or consumers, as they risk causing long-term
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the headline link for each section the full text
line lin
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will be available as before.
w i l l b e a va i l a b l e as b e f o r e . GLNG: V enture Global Strikes Supply Deal
GLNG: Venture Global Strikes Supply Deal
With CNOOC
With CNOOC
d in l
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AfrOil: No Deadline F or Sonangol IPO Y et The US’ Venture Global LNG announced in late
AfrOil: No Deadline For Sonangol IPO Yet
A n g o l a ’ s g o v er nm en t i s g e a r in g u p f o r t h e p a r t i a l D e cem b er t h a t i t h ad s t r uc k a de a l t o s u p p l y LN G
Angola’s government is gearing up for the partial December that it had struck a deal to supply LNG
privatisation of the national oil company (NOC) to a subsidiary of China National Offshore Oil
p r i va t i s a t io n o f t h e n a t io n a l o i l co m p a n y (N O C) t o a s u bsidi a r y o f C hin a N a t io n a l Offs h o r e Oi l
Corp. (CNOOC).
Sonangol but has not yet set a target date, accord-
S o n a n g o l b u t h a s n o t y et s et a t a r g et d a t e , acco r d - C o r p . (CN O O C).
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g t
in
ing to Edson Pongolola, the director of the firm’s This marks the first LNG supply agreement signed
between CNOOC and a US exporter of the fuel.
planning and control department.
p l a nnin g a n d co n t r o l dep a r t m en t. b et w e en CN O O C a n d a US exp o r t er o f t h e f ue l .
Speaking in late December, Pongolola con- -
, P
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er
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fir m e d t h a t L u a n d a wa s s t i l l p r ep a r in g t o un lo ad LatAmOil: Argentina Greenlights Offshore
firmed that Luanda was still preparing to unload LatAmOil: Argentina Greenlights Offshore
ui
C
O
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a
h
30%
i
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n ini
h
hr
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30% of the NOC’s equity through an initial pub- - Seismic W ork
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p
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y t
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Seismic Work
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lic offering (IPO) of stock and might begin the Argentina’s government has given YPF, the
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process before the end of 2022, in line with pre- - n a t io n a l o i l co m p a n y (N O C), a n d i ts p a r t n er s a
national oil company (NOC), and its partners a
s s
u
en
green light to proceed with seismic work at three
v vious statements. g r e en lig h t t o p r o ce e d w i t h s ei smic w o r k a t t hr e e
t
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offshore blocks in the South Atlantic.
o ffs h o r e b lo c ks in t h e S o u t h A t l a n t ic.
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Shutdown
AsianOil: Prelude FLNG Shutdown Extend- - Energy Secretary Dario Martinez revealed on
P
Extend
relude
AsianOil:
FLNG
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ed By Regulator’s Order January 3 that Buenos Aires had approved the
ed By R
egulator
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e P
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Australia’s National Offshore Petroleum companies’ environmental impact statements
s N
a
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Safety and Environmental Management for the CAN 100, CAN 108 and CAN 114 licence
Sa f et y a n d En v ir o nm en t a l M a n a g em en t f o r t h e CAN 100, CAN 108 a n d CAN 114 licen ce
Authority (NOPSEMA) has ordered Royal areas.
A u t h o r i t y (N O PS EMA) h a s o r der e d R o ya l a re a s .
c
t
ur
l n
ude f
u
t t
D
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Dutch Shell not to return its Prelude float- -
r
h
n i
t
h S
o
lo
o r
l
ts P
e
in g LN G (FLN G) faci li t y t o s er v ice un t i l t h e MEOG: Iraqi Drilling And Saudi Contracts
ing LNG (FLNG) facility to service until the MEOG: Iraqi Drilling And Saudi Contracts
company can prove that it can keep the vessel In this week’s MEOG, we look at Iraq’s contin-
co m p a n y c a n p r o v e t h a t i t c a n k e ep t h e v es s e l I n t h i s w e e k ’ s M EO G , w e l o o k a t I r aq ’ s c o n t in -
a
em
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properly powered and that safety systems are ued drilling efforts and major awards for Saudi i
a
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er
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r
r
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S
ld w
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era
p
k.
o
lfie
operational. . oilfield work.
io
l
n
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t
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-
Th
C
I
o S
es
e
D
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e t
w
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es
t
The order comes in response to Shell’s move to The state-owned Iraqi Drilling Co. (IDC) has
i
i
C
e
l
s
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I
e
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e e
t
a
a
o
m 2021 in
er t
cem
t take Prelude offline earlier in December after the maintained momentum from 2021 into the
t
a
a
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er a
o
b
k
o t
en
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fflin
e
ft

r
r
lier in D
d m
m
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r
e P
in
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ude o
um f
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h
p
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er
r
g w
a
l in t
e W
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in
, co
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r
facility, located offshore Western Australia, lost New Year, completing work on a well in the
e
e
o
n A
let
m
es
, lo
faci
y
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t

li
w Y
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e
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ra
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t
t
s
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li
t
a
n a w
p o w er f o l lo w in g a fir e . n o r t h o f t h e co un t r y a n d k ic k in g o ff a n e w w e l l
north of the country and kicking off a new well
power following a fire.
in t h e s o u t h-e a s t. Th e dr i l lin g p u s h co m es a s
in the south-east. The drilling push comes as
Baghdad seeks to achieve a 3mn barrel per day
y F
: NNPC Deals With R
DMEA
efiner
ire
DMEA: NNPC Deals With Refinery Fire B a g h d ad s e e ks t o ac hie v e a 3mn b a r r e l p er d a y
e t
s w
o
er
I In DMEA this week, we cover a refinery fire in oil production increase to 8mn bpd by 2027.
e
n in
a
v
y 2027.
e in
e co
cr
t
s
p
er a r
hi
io
y fir
d b
d
r
o 8mn b
n D
e
l
MEA t
p
e
i
o
uc
efin
k, w
N ig er i a a n d t h e a wa r d o f a m a j o r en g in e er in g
Nigeria and the award of a major engineering
co n t rac t t o exp a n d liq uefac t io n c a p a b i li t ies in Nor thAmOil: Biden Administration Ap -
contract to expand liquefaction capabilities in NorthAmOil: Biden Administration Ap-
Qatar. . proves Additional SPR Release To Exxon- -
r
ta
Qa
Exx
o
proves
SPR
Additional
R
T
on
elease
Th e N ig er i a N a t io n a l P et r o leum C o r p . Mobil
The Nigeria National Petroleum Corp. Mobil
h
en
g
a
(NNPC) s
h
r
t o
t
d
(NNPC) said this week that it had extinguished The US Department of Energy (DoE) announced
m
ce
e
e
a
s
nn
d
t i
hi
f En
k t
o
e
gui
s w
ep
t h
in
er
ad ext
un
y (D

Th
a
e US D
oE) a
id t
r
d a t
e
p
p
u
t h
k
ad a
a
v
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h
o
d
a
t i
t h
r
o
ad b
en o
n D
t H
o

a
ts P
e
er 30 t
o
r
cem
co
b
e t
a fire that had broken out at its Port Harcourt on December 30 that it had approved a third
ur
hir
t i
t a
r
t
a fir
n
ra
o
m t
e o
r
g
ex
e co
un
t
t
r
s S
a
h
c
h
R efinin g C o m p lex (P RH C) o n J a n u a r y 1 w i t h - exchange of crude from the country’s Stra- -
Refining Complex (PRHC) on January 1 with-
y’
ude f
f cr
P
out any extensive damage to the facility. . t tegic Petroleum Reserve (SPR) for release to
v
h
e d
li
R) f
eg
o
o
a
m
a
faci
e
e (S
ic P
u
es
n
et
o
er
t a
o
le
en
y ext
e t
o t
g
r r
s
a
si
leum R
r
v
e
e t
y
t
E
x
on
x
ExxonMobil. .
l
M
o
bi
The release is part of US President Joe Biden’s
ear F
FSUOGM: A Bumper Y
or Gazprom
FSUOGM: A Bumper Year For Gazprom Th e r e le a s e i s p a r t o f US P r esiden t J o e B iden ’ s
s o
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Gazp
s
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m i
Gazprom is on track to produce record profits strategy to help ease oil supply challenges and
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uce r
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p
ts
y t
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h
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t en
ices.
y
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t this year on the back of Europe’s worst energy lower gasoline prices.
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crunch in decades. But it is not all good news for
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Russia’s state gas giant. Its flagship Nord Stream See the archive and sign up to receive NRG
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2 p r o j e c t r em a in s in lim b o , w i t h t h e cer t ific a - Editor’s Picks for free by email each week
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Week 01 06•January•2022 www. NEWSBASE .com P13