Page 17 - LatAmOil Week 27 2021

LatAmOil NEWSBASE ROUNDUP GLOBAL (NRG) LatAmOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global recovered in total during its lifetime.
(NRG), in which the reader is invited to join
our team of international editors, who provide a FSU OGM: Gazprom sends record
snapshot of some of the key issues affecting their volumes to Europe
regional beats. We hope you will like NRG’s new Russia’s Gazprom exported record volumes of
concise format, but by clicking on the headline gas to Europe during the first half of the year,
link for each section the full text will be available despite recent claims in the press that the com-
as before. pany has been withholding supply to jack up
prices. Gazprom’s supplies to non-CIS states
AfrOil: Nigeria passes PIB at long last were up 25.7% year on year at 99.9bn cubic
Both houses of Nigeria’s National Assembly metres, the company said.
voted on July 1 to pass the Petroleum Industry
Bill (PIB), which will serve as the country’s new GLNG: Crown LNG picks Aker for Indian
oil and gas law. The legislation will now be sent to project
President Muhammadu Buhari, who is expected Norway’s Crown LNG has picked compatriot
to sign it into law in the near future. Aker Solutions to serve as main contractor in the
development of an LNG terminal offshore the
AsianOil: Sacgasco expands into Indian state of Andhra Pradesh. Aker Solutions
Philippine upstream will first provide FEED services for the 7.2mn
Australian junior Sacgasco has expanded its tonne per year (tpy) LNG terminal, which will
upstream portfolio after acquiring interests in be located around 11 km offshore Kakinda City,
four licences offshore the Philippines from Thai before taking on the role as the project’s EPCIC
energy conglomerate Bangchak. Sacgasco said contractor once a final investment decision has
on July 5 that it had paid $1 for BCP Energy been made.
International (BCPEI), which owns Nido
Petroleum. MEOG: Omani sale and Iraqi exits
Oman’s NOC is considering the sale of its Abraj
DMEA: Pipeline promise in Africa Energy Services drilling unit to aid economic
UK-registered Coven Energy has proposed the recovery from the coronavirus (COVID-19)
construction of a $850mn fuel pipeline to pro- pandemic. Meanwhile, Baghdad’s efforts to
vide greater energy security to Zimbabwe, which bring about a significant increase in oil produc-
is heavily reliant on the Beira-Feruka link. Mean- tion suffered another major setback this week
while, the governor of Nigeria’s Edo State said as the country’s oil minister said more IOCs are
this week that the Edo Modular Refinery at keen to reduce their exposure or withdraw from
Ologbo would receive crude oil feedstock from Iraq.
the Escravos pipeline via a conduit that runs to
Lagos. NorthAmOil: EQT unveils net zero plan
Pittsburgh-based EQT, an independent natural
EurOil: Martin Linge finally online gas producer and pipeline operator, intends to
Norway’s Equinor has at long last commissioned bring its net carbon emissions down to zero in
the Martin Linge gas field, a troubled project just four years. The company unveiled its net-
that is arriving five years behind schedule and zero agenda last week, saying in a statement cov-
at double its original cost. Equinor announced ering its 2020 ESG report that it had “announced
the launch on June 30, estimating that the North targets to achieve net-zero Scope 1 and 2 green-
Sea field would flow 115,000 barrels of oil equiv- house gas (GHG) emissions in its production
alent per day (boepd). Some 260mn boe will be segment operations by or before 2025.” ™

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Week 27 08•July•2021 www. NEWSBASE .com P17