Page 21 - AfrOil Week 48 2020

AfrOil NEWS IN BRIEF AfrOil

Among the important topics discussed in this and intensive care necessary for combating the the Government in order to help those that are
meeting was NOC’s long-term, medium-term COVID-19 pandemic, within NOC’s sustainable most likely to experience shortages due to supply
and short-term plans to increase production developments projects. constraints.”
rates. The attendees also discussed NOC and The Parties also discussed the progress made In April this year, Sasol in Mozambique deliv-
Total’s current preparations to rehabilitate the in the project of developing two structures (A ered about 60,000 litres of hand sanitiser to the
Mabruk oilfield, which was damaged during a and E) that will increase the normal rates of South African market and its own laboratories.
2015 attack. NOC is currently preparing fast- gas production in Bahr Es-salam in the coming From this, about 23,000 litres of sanitiser were
track plans to rehabilitate the field, and both years, as well as guaranteeing gas supplies to the delivered to Inhambane Province and the dis-
owners are supporting the operator to reinstate local market. tricts of Govuro, Inhassoro and Vilanculos.
field and resume production. National Oil Corp., December 01 2020 Sasol, November 27 2020
Development of North Gialo, NC98, Gialo
three and Dahra Jofra projects were discussed Sasol and Shell combine
in detail and the way forward to put them on PERFORMANCE
production as planned. Both NOC and Total efforts to fight the spread
agreed to form teams to follow up these projects, NNPC set 3mn bpd as
as these fields are forecasted to produce about of COVID-19 pandemic
300,000 bpd. oil production target
National Oil Corp., December 01 2020 Sasol and Shell have joined forces to deliver
27,500 litres of hand sanitiser to the Ministry of Nigerian National Petroleum Corp. (NNPC) has
NOC chairman Health in Mozambique. The handover of hand set a target of 3mn barrels per day (bpd) oil pro-
sanitisers, which took place during a ceremony duction, according to Mele Kyari, Group Man-
meets with Eni CEO chaired by Minister of Health Armindo Tiago aging Director of NNPC. Kyari said the drilling
and representatives of the Ministry of Health of of Kolmani River III well is ongoing, with a very
Chairman of the Board of Directors Mustafa the Republic of Mozambique is an effort by the high prospect of finding oil.
Sanalla received on Monday, November 30, two oil and gas corporates to support the Gov- Seismic data collection is ongoing in the Bida
2020, at NOC Headquarters (Intissar Hall) in ernment of Mozambique in the fight to contain Basin, as well as re-launching exploration work
Tripoli the Chief Executive Officer (CEO) of Eni the spread of the virus at a time when the num- in the Chad Basin. Kyari said several alternative
Claudio Descalzi. ber of infections and deaths in the country con- funding facilities have been secured for Nige-
The meeting discussed a number of urgent tinue to escalate. rian Petroleum Development Co. (NPDC),
topics on the top of which were resuming the Speaking during the occasion, Managing along with the establishment of joint ventures to
important projects which are suspended because Director for Sasol in Mozambique, Ovidio facilitate the development of some assets. These
of the lack of financial budgets that NOC needs Rodolfo said: “As the number of COVID-19 include the NGN875.75mn ($2.2mn) NPDC
to implement its projects, fulfil its obligations cases continue to rise in the country, general OML 65 Alternative Funding and Technical
with its partners, maintain the rates of produc- hand hygiene remains an effective line of defence services package with CMES-OMS Petroleum
tion in onshore and offshore fields and work on against this health pandemic. As the country Development Company, and the $3.15bn Alter-
increasing it gradually as well as supporting the braces itself for an increase in infections, as well native Financing Package with Sterling Explora-
energy sector in Libya at all levels. as the resultant influx of patients into hospitals, tion and Energy Production and other partners
Descalzi asserted his Company’s full com- it is crucial that these facilities are well prepared for the development of NPDC’s OML 13.
mitment to its operating activities and projects with adequate volumes of hand sanitisers to mit- Kyari also stated that the Corporation is
in Libya in addition to supporting NOC initia- igate the spread of COVID-19 and other con- investing aggressively in gas to take advantage of
tives to build capabilities and provide with the taminants that could exacerbate the situation. the energy transition and equip Nigeria for the
equipment of medical protection, diagnosis This is why, as Sasol, we felt a duty to support future, in the face of the dwindling petroleum
liquids volumes.
At the 2021 budget defense and performance
appraisal meeting at the National Assembly
Complex, Kyari announced that gas supply
has drastically improved to power generation
companies, adding that the major challenge
now is that of transmission. Kyari stated that the
NNPC’s success in the gas sector was due to the
support and co-operation of the committee and
the entire legislature, and that the improvement
of gas supply to power is evident by the improved
power supply witnessed in the country.
Meanwhile, Minister of State for Petroleum
Resources Timipre Sylva has stated that ongoing
exploration for hydrocarbons in the northeast
region of Nigeria by the NNPC has been suc-
cessful. Two oil wells have been drilled in Gombe
State, while exploration continues on the Nige-
rian side of the Chad Basin.
Gladius Commodities, November 27 2020

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