Page 18 - FSUOGM Week 04 2023

FSUOGM NEWSBASE ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Oil & Gas Roundup oil and gas discovery of the year, noting it can be
Global (NRG), in which the reader is invited tied to another nearby field set for development.
to join our team of international editors, who Equinor and its partners Wintershall Dea and
provide a snapshot of some of the key issues Petoro made the commercial gas discovery at
affecting their regional beats. We hope you will production licence 1128 in the Norwegian Sea,
like NRG's new concise format, but by clicking assessing its size at somewhere between 12.6
on the headline link for each section the full text and 69.2mn barrels of oil equivalent.
will be available as before.
GLNG: Pakistan looks to sell LNG sites to
Qatar
AfrOil: London court gives UKEF green light Sources in Islamabad have indicated that the
to fund Mozambique LNG government of Prime Minister Mian Muham-
Friends of the Earth, an international environ- mad Shehbaz Sharif is preparing to sell two of
mental group, has failed to overturn a lower the nation’s LNG-fired power plants to the gov-
court ruling green-lighting the UK’s plan to pro- ernment of Qatar. The sale is thought to be part
vide funding for the Mozambique LNG project. of a bid by Islamabad to dodge responsibility
The non-governmental organisation (NGO) for the non-payment of government debts, at
has been seeking to prevent UK Export Finance the same time as pulling in much sought-after
(UKEF), the British government’s export credit foreign capital, although to date no such formal
agency, from upholding a pledge to provide up confirmation to this end has been announced.
to $1.15bn in funding for Mozambique LNG.
LatAmOil: Whiptail identified as sixth devel-
AsianOil: Indonesia misses oil and gas tar- opment project at Stabroek
get in 2022 ExxonMobil Guyana, a subsidiary of the US
Indonesia missed its target for oil and gas pro- super-giant ExxonMobil, has named the Whip-
duction last year as a result of unscheduled tail oilfield as the main target of its sixth devel-
facility closures and declining flow from mature opment project at the Stabroek block. According
fields, upstream regulator SKK Migas said on to a notice from Guyana’s Environmental Pro-
January 18. But upstream investment is said to tection Agency, the company has asked to begin
be on the rise, it said. the authorisation process for work at Whiptail.

DMEA: Angola and Zambia boost ties MEOG: Masirah completes Oman drilling
Angola and Zambia last week concluded bilat- Masirah Oil Ltd (MOL) has completed a two-
eral negotiations on infrastructure deals that well drilling campaign that started in its Block
appear set to bring long-awaited progress on 50 concession offshore Oman late last year.
a major cross-border pipeline. Zambian Pres- The drilling work comprised workover drill-
ident Hakainde Hichilema told a joint news ing at the Yumna-3 well and the drilling of the
conference in Luanda that he was “aware that a Yumna-4 well.
number of agreements have been signed by the
two countries in this regard and despite some NorthAmOil: ExxonMobil prepares to launch
of these being signed under the previous gov- $2bn refinery expansion in Texas
ernment, ours is to pick up where they left off ExxonMobil will soon launch a $2bn refinery
and ensure that these projects are implemented.” expansion in Beaumont, on the Gulf Coast of
Texas, reports Reuters. The move will sharply
EurOil: Equinor hails Norway's first hydro- boost gasoline and diesel output at the plant See the archive and
carbon discovery of the year and make the refinery the second largest in sign up to receive
Norway’s Equinor has hailed the country’s first the US. *NRG Editor’s Picks*
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week here

P18 www. NEWSBASE .com Week 04 25•January•2023