Page 17 - LatAmOil Week 35 2021

LatAmOil NEWSBASE ROUNDUP GLOBAL (NRG) LatAmOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global UK government faces calls to adopt a tougher
(NRG), in which the reader is invited to join stance towards continued oil and gas extrac-
our team of international editors, who provide a tion, with the head of Labour opposition party
snapshot of some of the key issues affecting their Sir Keir Starmer recently urging a “hard-edged
regional beats. We hope you will like NRG’s new timetable” to be set for ceasing production.
concise format, but by clicking on the headline
link for each section the full text will be available FSU OGM: Sechin pushes for access to
as before. European gas market
Russia’s most influential oilman Igor Sechin,
AfrOil: AfDB head optimistic about the head of state-owned Rosneft, is once again
Mozambique LNG seeking permission to export gas by pipeline,
Akinwumi Adesina, the president of the Afri- despite Gazprom’s monopoly status. Rosneft,
can Development Bank (AfDB), thinks that though mainly focused on oil, has been working
TotalEnergies (France) can resume work on the for years to build up its natural gas business to
Mozambique LNG in 12-18 months. He expects provide a hedge against oil market volatility.
security conditions in Cabo Delgado province
to improve following the deployment of troops GLNG: Indonesia approves Tangguh LNG
from Rwanda and from members of the South- expansion, CCUS plan
ern African Development Community (SADC). Indonesian regulator SKK Migas has approved
the development plan for an expansion and a
AsianOil: Pertamina wins regulatory carbon capture, utilisation and storage (CCUS)
approval for Gajah Besar development project at BP’s Tangguh LNG export complex in
Indonesia’s state-owned Pertamina has secured Papua Barat.The plan calls for developing the
regulatory approval for its plan to develop the Ubadari natural gas field and raising output at
Gajah Besar natural gas and condensate field the Vorwata gas field with the use of CCUS.
onshore South Sumatra. SKK Migas planning
deputy Benny Lubiantara said in an August 29 MEOG: Iraq back on track
statement that Pertamina EP intended to invest Russia’s Lukoil last week announced that it
$15.5mn in drilling three development wells. intends to increase oil production at the West
Qurna-2 project in southern Iraq, providing sta-
DMEA: Kuwait extends CFP contract bility for Baghdad as it seeks to increase output
Kuwait Petroleum Corp.’s downstream-focused by 3mn barrels per day by 2027. Meanwhile, the
subsidiary this week extended a project man- OPEC+ group is unlikely to make any changes
agement consultancy contract for the emirate’s to its oil output policy when members meet this
recently completed refinery overhaul project. week, according to numerous delegates.
Meanwhile, Javad Owji has replaced Bijan Zan-
ganeh as Iran’s new Oil Minister, following his NorthAmOil: Hurricane Ida disrupts Gulf
proposal for the role last month by incoming operations
President Ebrahim Raisi. Production in the US Gulf of Mexico and coastal
downstream operations alike were severely dis-
EurOil: Wood urges against end to oil rupted by Hurricane Ida this week, which made
exploration landfall in Louisiana as a Category 4 hurricane
UK oil tycoon Ian Wood has warned that it on August 29. According to the US Bureau of
would be “absolutely crazy” for the UK to call Safety and Environmental Enforcement (BSEE),
time on oil exploration, adding that such as a pol- 94.6% of Gulf oil production and 93.6% of gas
icy would be “detrimental, environmentally.” The output had been shut in as of August 30. ™

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Week 35 02•September•2021 www. NEWSBASE .com P17