Page 19 - DMEA Week 25 2021

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global pipeline.
(NRG), in which the reader is invited to join In an investor presentation on June 17, Gaz-
our team of international editors, who provide a prom’s deputy chairman Famil Sadigov said the
snapshot of some of the key issues affecting their company had delivered 4.1bn cubic metres of
regional beats. gas to China in 2020 and earned RUB44.3bn
We hope you will like NRG’s new concise for- ($608mn) from those sales.
mat, but by clicking on the headline link for each
section the full text will be available as before. GLNG: Skikda LNG forced to shut
Algeria’s state-owned Sonatrach reported at the
AfrOil: Coral South launch still on for 2022 weekend that it had taken the Skikda LNG plant
Italy’s Eni is on track to launch the Coral South offline on June 11. In a statement, Sonatrach
LNG project offshore Mozambique next year, attributed the shutdown to technical problems.
despite the violence and civil unrest that has “A technical issue occurred on June 11 at the
slowed down TotalEnergies’ plans for develop- Skikda LNG complex and led to the shutdown of
ment of a nearby field. this complex,” it said.
A spokesperson for the Italian major said ear-
lier this week that Eni aimed to begin extracting LatAmOil: Staatsolie awards shallow blocks
and processing gas from the Coral section of the Suriname’s national oil company (NOC) Staat-
offshore block known as Area 4 in 2022, as pre- solie has concluded the Shallow Offshore Bid
viously anticipated. Round by awarding three shallow-water off-
shore blocks to Chevron (US) and a consortium
AsianOil: Sarawak awards onshore project set up by TotalEnergies (France) and Qatar
Sarawak state-owned Petroleum Sarawak (Pet- Petroleum.
ros) has awarded the development contract for Staatsolie named Chevron and the consor-
onshore Block SK433 to Malaysian independ- tium as the winning bidders in the licensing
ents Petra Energy Development and Uzma round on June 18.
Engineering.
Petros issued a letter of conditional award for MEOG: Qurna expansion and Asian finance
the block on June 15, Uzma said on June 18, add- This week’s MEOG looks at Iraq’s plans to
ing that its partner would operate the licence for expand production from its supergiant West
the joint venture. Qurna-1 (WQ-1) oilfield, while South Korea has
stumped up credit for oil projects in Abu Dhabi
EurOil: the hydrogen storage challenge involving Korean firms.
The EU has embraced hydrogen as a key tool Iraq’s Ministry of Oil (MoO) announced that
for decarbonising heavy industry and other sec- state-owned Basra Oil Co. (BOC) had signed a
tors, but a new report suggests that developing contract with incumbent US operator Exxon-
enough storage capacity for the fuel could be a Mobil and services firm Schlumberger to drill
significant hurdle. 96 wells to allow for an increase in output capa-
Even if all existing natural gas storage capac- bilities from the current 500,000 barrels per day
ity across the 21 countries included in the report to 700,000 bpd.
was repurposed for hydrogen, Europe would still
fall “far short” of the capacity it needs for antici- NorthAmOil: Hurricane disruption begins
pated hydrogen demand in the future, the report Some disruption to oil and gas operations in
by Gas Infrastructure Europe (GIE) concludes. the US Gulf of Mexico was seen last week, as a
weather disturbance that later became Tropical
FSUOGM: Gazprom’s China deal details Storm Claudette threatened the region.
Russia’s Gazprom has for the first time publicly Chevron and Occidental Petroleum both
disclosed how much it is earning from natural said on June 17 that they were implementing
gas supplies to China via the Power of Siberia storm precautions at their offshore facilities.™

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