Page 20 - GLNG Week 11 2023

GLNG NEWSBASE ROUNDUP GLOBAL (NRG) GLNG

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Oil & Gas Roundup Gazprom plans to develop a $3bn mid-sized
Global (NRG), in which the reader is invited LNG export terminal in Eastern Siberia, as
to join our team of international editors, who Russia scrambles to expand its liquefaction
provide a snapshot of some of the key issues capacity following the loss of most of its
affecting their regional beats. We hope you European gas market share.
will like NRG's new concise format, but by The state-owned gas exporter’s subsidiary
clicking on the headline link for each section Gazprom Nedra last week signed a co-
the full text will be available as before. operation agreement with the administration
of the Krasnoyarsk region on developing
AfrOil: Shell strikes oil at Jonker-1X well off- several gas blocks to underpin the LNG
shore Namibia project.
Shell (UK) has reportedly struck oil for the
third time at the PEL 39 deepwater licence EurOil: Conversion Work Begins In Singa-
area in the Orange basin offshore Namibia, as pore For Alexandroupolis FSRU
its partners in the project revealed on March 6 Greece’s GasLog has delivered a vessel
that a discovery had been made in the Jonker- to the Keppel shipyard in Singapore for
1X exploration well. The company announced its conversion into a floating storage and
its first find at the Graff field in early 2022, and regasification unit (FSRU). When ready later
now its partners QatarEnergy and National this year, the vessel will be installed off the
Petroleum Corp. of Namibia (NAMCOR) northern coast of Greece near the port city of
are reporting positive results from the Jonker Alexandroupolis, where construction work on
field. an LNG terminal is underway.

AsianOil: Malaysian MP moots Petronas LatAmOil: APA confident in potential of
IPO Block 58 offshore Suriname
An MP from Subang has recently proposed John Christmann, the president and CEO
the idea of a Petronas initial public of US-based APA Corp., has expressed
offering (IPO), which could potentially confidence in the hydrocarbon potential
raise a significant amount of capital to of Block 58 offshore Suriname, despite
pay down government debt and invest in uncertainty over when the block’s operator
business expansion. Specifically, the MP, TotalEnergies (France) might make a final
Wong Chen, suggested that the IPO could investment decision (FID). According
raise up to MYR300bn ($67.64bn), with a to Christmann, Block 58’s reserves are
20% stake in the company sold to raise the substantial, and Sapakara – the site of the
funds. latest appraisal well, Sapakara South-2 – is
likely to underpin a future development
DMEA: Modular refinery expansion com- project.
plete
Nigeria’s ND Refineries Ltd reported this MEOG: TotalEnergies expands UAE portfolio
week that it has completed mechanical TotalEnergies has agreed to purchase the
construction of a fourth train at its Ogbele upstream assets of Spanish firm CEPSA in
modular refinery, raising production capacity the UAE, while adding a stake in a Japanese-
to 14,000 barrels per day (bpd). It said the new led joint venture (JV) that operates other
unit would be dedicated to the production of offshore assets. The assets to be acquired
petrol for the domestic market. Local media include a 20% participating interest in the
reported that the facility would be inaugurated Satah Al Razboot (SARB), Umm al-Lulu,
and brought into operation before the end of Bin Nasher and Al Bateel (SARB and
this year. Umm al-Lulu) offshore concession, and a See the archive and
12.88% indirect interest in the Mubarraz sign up to receive
FSUOGM: Gazprom Unveils $3bn East Si- concession. *NRG Editor’s Picks*
berian LNG Project for free by email each
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P20 www. NEWSBASE .com Week 11 17•March•2023