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NorthAmOil                    NEWSBASE’S ROUNDUP GLOBAL (NRG)                                     NorthAmOil


       NewsBase’s Roundup Global (NRG)








        GLOBAL           WELCOME to NewsBase’s Roundup Global  Ukrainian state gas supplier Naftogaz resigned
                         (NRG), in which the reader is invited to join  on September 8 amid tensions within the com-
                         our team of international editors, who provide a  pany’s current leadership. The board of Western
                         snapshot of some of the key issues affecting their  energy executives resigned in May in protest
                         regional beats. We hope you will like NRG’s new  over the abrupt firing of former CEO Andriy
                         concise format, but by clicking on the headline link  Kobolyev, although they later agreed to stay on.
                         for each section the full text will be available as
                         before.                              GLNG: Gazprom pushes  forward  with
                                                              $13bn Baltic LNG project
                         AfrOil: Sonangol looks ahead to IPO  Russian gas supplier Gazprom has awarded an
                         Sonangol, the national oil company of Angola,  engineering procurement and construction con-
                         has revealed details of its plan to issue an initial  tract for the $13bn LNG complex it is developing
                         public offering (IPO) of stock. According to  on the Baltic Sea, bringing the ambitious project
                         Sebastião Gaspar Martins, the chairman of the  one step closer to realisation. Despite its status as
                         government-owned company, Sonangol will  Russia’s top gas producer and top gas exporter,
                         sell 30% of its equity in multiple locations, start-  Gazprom has struggled to expand in the LNG
                         ing with the Angola Debt and Stock Exchange  arena.
                         in Luanda and expanding later to London and
                         New York.                            LatAmOil: Hess CEO enthusiastic about
                                                              Pinktail field
                         AsianOil:  Santos awards Dorado  subsea  ExxonMobil Guyana, a subsidiary of US-based
                         FEED contract                        ExxonMobil, may include its latest find in Guy-
                         Australian independent Santos has awarded the  ana’s offshore zone in its sixth development pro-
                         subsea front-end engineering and development  ject at Stabroek, according to the head of Hess,
                         (FEED) contract for the Dorado oilfield devel-  the US independent that holds a minority stake
                         opment to services provider Atteris. Atteris said  in the block. John Hess, the CEO of Hess, said
                         on September 13 that the design work would  during a recent webcast that the newly discov-
                         include flow assurance definition and design  ered Pinktail field “has the potential to be cou-
                         of the subsea system connecting the wellhead  pled with Whiptail, a discovery announced
                         platform to the floating production, storage and  earlier this year ... to be the sixth development.”
                         offloading (FPSO) vessel.
                                                              MEOG: Kuwait to expand drilling
                         DMEA: Saudis in South Sudan supply talks  This week’s MEOG covers Kuwait’s plans to ramp
                         This week’s DMEA looks at talks between Saudi  up drilling operations as it seeks to expand crude
                         Aramco and South Sudan over oil product sup-  production, while Saudi Aramco is considering
                         plies and the ongoing resumption of protests at  a new approach to gas. State-owned Kuwait Oil
                         Libyan oil terminals. South Sudan is expected to  Co. is planning to drastically increase drilling
                         agree terms with Saudi Aramco on the long-term  as part of its plan to fulfil its output capacity tar-
                         supply of oil derivatives following the recent  get of 4mn barrels per day by 2040, up from the
                         signing of a memorandum of understanding.  current 3.1-3.2mn bpd. Meanwhile, Aramco is
                         Meanwhile, protesters are reported to have pre-  reported to be considering two major changes to
                         vented the loading of oil tankers at two Libyan  its approach to gas development as the company
                         terminals this week, just days after loading had  moves to target a leading role in the gas, chemi-
                         resumed following disruption.        cals and hydrogen markets.

                         EurOil: Barents goes blue            NorthAmOil: Post-Ida refinery repairs may
                         Norwegian oil producers Equinor and Var  be too costly for Phillips 66
                         Energi have joined forces with clean energy  Downstream player Phillips 66 may be forced to
                         developer Horisont Energi to look at the poten-  idle a refinery in Louisiana as a result of severe
                         tial production of blue ammonia in Norway’s  damage from Hurricane Ida, which hit the state
                         far north. Ammonia has long been used in the  at the end of August. Citing sources familiar with
                         fertiliser and chemical industries. But if pro-  the matter, Bloomberg reported on September
                         duced cleanly, it could also serve as a low-carbon  10 that the plant suffered so much damage that
                         energy carrier and shipping fuel.    repairs may be too costly.

                         FSUOGM: Naftogaz board members resign  See the archive and sign up to receive NRG Editor’s
                         Three members of the independent board of  Picks for free by email each week here.™







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