Page 19 - AfrOil Week 50 2022

AfrOil NEWSBASE ROUNDUP GLOBAL (NRG) AfrOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global third trains should come online in 2024 and
(NRG), in which the reader is invited to join our 2026 as initially planned, a project director told
team of international editors, as they provide a reporters on December 12.
snapshot of some of the key issues affecting their
regional beats. We hope you will like NRG’s new GLNG: Sempra signs offtake agreement
concise format, but by clicking on the headline with Port Arthur LNG
link for each section the full text will be available Sempra has announced an offtake agreement
as before. with Engie for liquefied natural gas from Sem-
pra’s proposed Port Arthur LNG facility. For 15
AsianOil: Petronas makes “significant” oil years, Engie will receive some 0.875mn tonnes
find off Malaysia per year of LNG from the Port Arthur LNG
Malaysia’s Petronas has reported what it Phase I project, on the Gulf of Mexico.
describes as a “significant” oil discovery at a well
off the coast of Sarawak. The find was made at LatAmOil: Stabroek partner to buy
the Nahara-1 well at Block SK306, some 150 $750mn in carbon credits from Guyana
km from Bintulu, where Malaysia’s main LNG US-based Hess, a minority shareholder in the
export is located. Stabroek block, has signed an agreement with
the government of Guyana on the purchase of
DMEA: TNP and Forcados restarts bring 37.5mn carbon credits between 2022 and 2032.
Nigerian oil output up to 1.6mn bpd The document, which was finalised at a cere-
Nigeria has pushed crude oil production up to mony witnessed by the company’s CEO John
1.6mn barrels per day thanks to the re-opening Hess and Guyanese President Irfaan Ali, pro-
of the Forcados terminal and the partial resump- vides for Hess to acquire 2.5mn carbon credits
tion of shipments through the Trans-Niger Pipe- per year for the period between 2016 and 2030.
line (TNP), according to a subsidiary of Nigerian
National Petroleum Co. Ltd (NNPCL). MEOG: ADNOC and Malaysia’s Petronas
sign unconventional deal
EurOil: Neptune makes third oil, gas find Abu Dhabi National Oil Co. (ADNOC) this
in six months week signed a deal with Petronas that awards
Neptune Energy has made its third oil and gas the Malaysian firm the first concession for
discovery in the last six months, in the Norwe- unconventional oil development in the Middle
gian Sea, the Norwegian Petroleum Directorate East. Under the terms of the agreement, Petro-
(NPD) reported on December 9, estimating nas was granted 100% operatorship of the six-
the size of the find at 6.3mn-22mn barrels of oil year exploration phase of the Unconventional
equivalent. The Calypso discovery well, 14 km Onshore Block 1 asset which covers more than
north-west of the Neptune-operated Draugen 2,000 square km in the western Al Dhafra region
field, encountered an 8-metre gas column and of Abu Dhabi.
a 30-metre oil column in the Garm formation,
with reservoir quality of “good to very good,” the NorthAmOil: Los Angeles bans new oil
NPD said. wells, to close existing wells
Los Angeles city councillors have voted unan-
FSU OGM: Novatek says Arctic LNG-2 imously to ban existing oil wells within city
remains on track for 2023 launch boundaries immediately, and to phase out exist-
The first train at Novatek’s 20mn tonne per year ing ones within 20 years. There are 26 oil and
Arctic LNG-2 project is still on track to start up gas fields – and some 5,000 wells – within the
in December next year, while the second and metropolis, the country’s second-largest. ™

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