Page 18 - FSUOGM Week 36 2022

FSUOGM NEWSBASE ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global GLNG: ZIM, Shell Sign 10-Year LNG Bun-
(NRG), in which the reader is invited to join kering Deal For New Container Ships
our team of international editors, who provide a ZIM Integrated Shipping Services (Israel)
snapshot of some of the key issues affecting their has secured fuel supplies for 10 new
regional beats. We hope you will like NRG's new LNG-powered ships that are due to enter its
concise format, but by clicking on the headline fleet in 2023-2024 under a long-term bun-
link for each section the full text will be available kering contract with a subsidiary of Shell
as before. (UK).
The Israeli company announced the
AfrOil: FAR Ltd Acquires Remaining 50% Of signing of the contract with Shell NA
Gambian Blocks From Petronas LNG in a statement dated August 31. It
Australia’s FAR Ltd has bought 50% stakes in said the parties had finalised a sales and
Block A2 and Block A5, located in The Gam- purchase agreement (SPA) with a term of
bia’s offshore zone, from its partner Petronas 10 years. It put the value of the deal at
(Malaysia), bringing its stake in both sites up more than $1bn.
to 100%. The value of the deal has not been
made public. LatAmOil: Barbados Prepares To Offer All
22 Open Offshore Blocks
AsianOil: Santos Takes FID On Darwin Pipe- Barbados will offer all 22 available blocks in
line Duplication Project its offshore zone to international oil compa-
Australia’s Santos has taken a final invest- nies (IOCs) in a bidding round in the fourth
ment decision (FID) to proceed with the quarter of this year, the Ministry of Energy
Darwin Pipeline Duplication Project. The and Business Development has announced.
scheme will extend the Barossa gas export The ministry went public with news
pipeline to the Darwin LNG facility and of the auctions just a few days before the
allow for the repurposing of the Bayu-Un- scheduled start of its 2022 Licensing Round
dan to Darwin pipeline that currently carries Roadshow, held at the AAPG Image 22 con-
natural gas from offshore Timor-Leste to the ference in Houston on August 30-Septem-
Santos-operated LNG plant. ber 1.

DMEA: ZIM, Shell Sign 10-Year LNG Bun- MEOG: Novatek Leaves Lebanon
kering Deal Russia’s Novatek has withdrawn from a
ZIM Integrated Shipping Services (Israel) consortium that controls two Lebanese
has secured fuel supplies for 10 new licences, the latest in a string of disap-
LNG-powered ships that are due to enter its pointments and delays for Beirut as it
fleet in 2023-2024 under a long-term bun- looks to explore for resources offshore.
kering contract with a subsidiary of Shell Energy Minister Walid Fayad said that
(UK). Novatek had cited “economic and financial
The Israeli company announced the [issues and] political risks” as its reasons for
signing of the contract with Shell NA LNG dropping its 20% stake in the consortium
in a statement dated August 31. It said the with TotalEnergies of France and Eni of Italy,
parties had finalised a sales and purchase both of which own stakes of 40%.
agreement (SPA) with a term of 10 years and
put the value of the deal at more than $1bn. NorthAmOil: Cheniere Outlines Further Ex-
pansion Plans For Corpus Christi LNG
EurOil: How Much Azeri Gas Can Head To Cheniere Energy intends to add further
Europe? capacity to its Corpus Christi LNG export
Europe has reached out to Azerbaijan as terminal in Texas, beyond the 10mn tonne See the archive and
a source of additional gas supply to elimi- per year (tpy) expansion that is currently sign up to receive
nate more of its imports from Russia. But under construction at the plant. *NRG Editor’s Picks*
how much extra gas the country would be The company has requested that the US for free by email each
able to provide, beyond the 10 bcm per Federal Energy Regulatory Commission week here
year it is already sending, will depend on (FERC) begin its National Environmen-
results from upcoming exploration work at tal Policy Act (NEPA) prefiling review for
key fields, and whether Turkey waives its two additional midscale trains at Corpus
first right to supplies. Christi.

P18 www. NEWSBASE .com Week 36 09•September•2022