Page 16 - MEOG Week 02 2023

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global The two countries referred to offshore wind
(NRG), in which the reader is invited to join power, hydrogen, battery technology and car-
our team of international editors, who provide a bon capture and storage as areas they would
snapshot of some of the key issues affecting their focus on.
regional beats.
By clicking on the headline link for each sec- FSUOGM: Kazakhstan to supply Germany
tion the full text will be available. Kazakhstan is seeking to pump oil to Germany
via the Druzhba pipeline system, helping the lat-
AfrOil: Eni plans 2nd Congo FLNG unit ter replace lost Russian volumes.
Italy’s Eni revealed on December 22 that it has Germany has followed through on a pledge
arranged to deploy and install a second floating to halt Russian oil imports on January 1, even
LNG unit at the Marine XII block located off- though the EU embargo on crude supplies from
shore Republic of Congo. the country, imposed in December, only extends
The Italian major acquired the first unit – the to seaborne deliveries and not those via pipeline.
Tango FLNG, which has a production capacity
of 600,000 tonnes per year – for Marine XII last GLNG: First US cargo reaches Wilhelmshaven
August. The first shipment of US liquefied natural gas has
arrived in Germany at the Wilhelmshaven ter-
AsianOil: China, Philippines strike deal minal, according to German energy firm Uniper.
China and the Philippines have agreed to resume The supplier was US company Venture
talks on joint exploration for oil and gas in the Global Calcasieu Pass, which sent 97.1mn cubic
disputed portion of the South China Sea, a metres of natural gas, enough to power around
month after Manila broke off negotiations. 50,000 German households for a year.
The two countries agreed on January 5 to set
up a direct communications channel between LatAmOil: CVX to kick off Venezuela exports
their foreign ministries to handle the dispute The US oil company Chevron is reportedly
peacefully. preparing to resume shipments of Venezuelan
crude oil after a hiatus of nearly four years.
DMEA: Abadan CDU launched An anonymous source familiar with the mat-
The Middle East’s largest crude distillation unit ter informed Reuters in the last week of Decem-
(CDU) has gone online at Iran’s Abadan oil refin- ber that the US major was sending two tankers
ery with a capacity of 210,000 barrels per day, the to the South American country.
head of the National Iranian Oil and Engineering
Company (NIOEC) has informed the market. NorthAmOil: Marathon buys Ensign assets
According to NIOEC’s managing director Marathon Oil has closed the acquisition from
Farhad Ahmadi, the cost of the plant’s new CDU Ensign Natural Resources of Eagle Ford shale
came to around €2.6bn. acreage for $3bn in cash.
The deal had been announced in early
EurOil: Germany, Norway join forces November. The assets – in the core of the play
Norway and Germany have announced plans to – nearly double Marathon’s Eagle Ford posi-
expand their co-operation in the development tion to 290,000 net acres (117,350 hectares) and
of renewable energy and other low-carbon are adjacent to Marathon’s existing Eagle Ford
technologies, their governments announced on wells.™
January 5.

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