Page 17 - DMEA Week 39 2022

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global gas fields to Germany on the evening of Sep-
(NRG), in which the reader is invited to join our tember 26, reportedly due to a leak in the NS2
team of international editors, as they provide a pipeline. The leaks were reported by the Danish
snapshot of some of the key issues affecting their authorities, which ordered ships to maintain a
regional beats. We hope you will like NRG’s new 5-km radius away from the pipelines that run
concise format, but by clicking on the headline under the Baltic Sea through Danish waters,
link for each section the full text will be available describing the area as “dangerous for ship traffic.”
as before.
GLNG: Germany aims to sign LNG supply
AfrOil: AfrOil: Sonatrach CEO says Algeria deals with UAE
can meet Italian gas supply pledges Germany’s Economic Affairs and Climate
Algeria will be able to supply Italy with at least Action Minister Robert Habeck said on Septem-
25bn cubic metres of natural gas this year, said ber 19 that Chancellor Olaf Scholz would sign
Tewfik Hakkar, the CEO of the national oil com- deals for LNG supplies during an upcoming trip
pany (NOC) Sonatrach, following reports that to the UAE. Speaking in Lubmin at the site of a
the North African country might not be able new LNG terminal, Habeck said the UAE could
to uphold its commitment to increase deliver- help Germany diversify natural gas supplies.
ies. Hakkar told Bloomberg that Sonatrach was
set to export 25.2 bcm of gas to Italy in 2022. LatAmOil: Ecopetrol requests 90-day
suspension of fracking projects
AsianOil: Mubadala makes gas discovery Colombia’s national oil company Ecopetrol has
offshore Malaysia asked ANH, the country’s oil and gas regulator,
UAE-based Mubadala Petroleum and its to suspend its contracts for the Kale and Platero
partners Shell and Malaysia’s Petronas have unconventional fields for 90 days in the face
made a sizable natural gas find at Block SK320 of mounting resistance from environmental
off the coast of Bintulu, Sarawak, in Malaysia, groups. Ecopetrol had been planning to carry
Petronas said on September 20. The discovery out pilot projects at the two sites.
was made with a well drilled to a depth of
1,680 metres. MEOG: Arabian Drilling prepares for IPO
Saudi firm Arabian Drilling Co., owned by the
EurOil: UK government set to fast-track local Industrialization & Energy Services Co.
key oil and gas projects (TAQA, 51%) and Schlumberger (49%), has
The new UK government, headed by Prime Min- appointed banks to manage its initial public
ister Liz Truss, will fast-track the development of offering. The company released a statement say-
new oil and gas fields, including the giant Cambo ing it would sell 26.7mn shares, 30% of the total,
oil deposit west of the Shetland Islands, under when it lists on the local Tadawul All Share Index
a new mini-budget announced on September (TASI), the Riyadh stock exchange.
3. Like her predecessor Boris Johnson, Truss
is keen to develop more home-grown energy NorthAmOil: Talos to expand Gulf holdings
sources, as UK households and businesses cope with EnVen acquisition
with soaring energy costs. Talos Energy announced on September 22 that
it had agreed to acquire privately owned US Gulf
FSU OGM: Pressure drops in Nord Stream of Mexico operator EnVen for $1.1bn. Hou-
pipelines as gas leaks into sea ston-based Talos says it was already one of the
Pressure fell in both branches of the Nord Stream Gulf’s largest publicly listed independent pro-
gas pipeline from the giant Russian Yamal Arctic ducers prior to the acquisition. ™

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Week 39 29•September•2022 www. NEWSBASE .com P17