Page 15 - NorthAmOil Week 02 2023

NorthAmOil NEWSBASE’S ROUNDUP GLOBAL (NRG) NorthAmOil

NewsBase’s Roundup Global (NRG)

GLOBAL WELCOME to NewsBase’s Roundup Global Kazakhstan is seeking to pump oil to Germany
(NRG), in which the reader is invited to join via the Druzhba pipeline system, helping the lat-
our team of international editors, who provide a ter replace lost Russian volumes. Germany has
snapshot of some of the key issues affecting their followed through on a pledge to halt Russian
regional beats. We hope you will like NRG’s new oil imports on January 1, even though the EU
concise format, but by clicking on the headline link embargo on crude supplies from the country,
for each section the full text will be available as imposed in December, only extends to seaborne
before. deliveries and not those via pipeline.

AfrOil: Eni plans second FLNG unit for Ma- GLNG: Germany receives its first shipment
rine XII of US LNG at newly opened terminal
Italy’s Eni revealed on December 22 that it has The first shipment of US liquefied natural gas has
arranged to deploy and install a second float- arrived in Germany at the Wilhelmshaven ter-
ing LNG unit at the Marine XII block located minal, according to German energy firm Uniper.
offshore Republic of Congo. The Italian major The supplier was US company Venture Global
acquired the first unit – the Tango FLNG, which Calcasieu Pass, which sent 97.1mn cubic metres
has a production capacity of 600,000 tonnes per of natural gas, enough to power around 50,000
year – for Marine XII last August. German households for a year.

AsianOil: China, Philippines strike deal on LatAmOil: Chevron prepares to resume
South China Sea Venezuelan oil exports
China and the Philippines have agreed to resume The US oil company Chevron is reportedly pre-
talks on joint exploration for oil and gas in the paring to resume shipments of Venezuelan crude
disputed portion of the South China Sea, a oil after a hiatus of nearly four years. An anony-
month after Manila broke off negotiations. mous source familiar with the matter informed
The two countries agreed on January 5 to set Reuters in the last week of December that the
up a direct communications channel between US major was sending two tankers to the South
their foreign ministries to handle the dispute American country.
peacefully.
MEOG: Zenith to acquire OMV’s Yemeni
DMEA: Largest CDU in Middle East assets
launched at Abadan refinery A Dutch affiliate of Canada-based Zenith
The Middle East’s largest crude distillation unit Energy has entered a share purchase agreement
(CDU) has gone online at Iran’s Abadan oil refin- to acquire Austrian firm OMV’s assets in Yemen
ery with a capacity of 210,000 barrels per day, the in a deal worth just over $21.6mn. The assets
head of the National Iranian Oil and Engineer- comprise Block S-2, which contains the 6,000
ing Company (NIOEC) has informed the mar- barrel per day al-Uqlah oilfield, Block 3 ‘Jardan’
ket. According to NIOEC’s managing director and Block 70, which are in the exploratory phase
Farhad Ahmadi, the cost of the plant’s new CDU and have estimated resources of 60mn and 70mn
came to around €2.6bn. barrels respectively.

EurOil: Germany, Norway team up on re- NorthAmOil: Marathon closes purchase of
newables, other low-carbon tech Ensign’s Eagle Ford assets for $3bn
Norway and Germany have announced plans Marathon Oil has closed the acquisition from
to expand their co-operation in the develop- Ensign Natural Resources of Eagle Ford shale
ment of renewable energy and other low-carbon acreage for $3bn in cash. The deal had been
technologies, their governments announced on announced in early November. The assets – in
January 5. The two countries referred to offshore the core of the play – nearly double Marathon’s
wind power, hydrogen, battery technology and Eagle Ford position to 290,000 net acres (117,350
carbon capture and storage as areas they would hectares) and are adjacent to Marathon’s existing
focus on. Eagle Ford wells.

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Week 02 12•January•2023 www. NEWSBASE .com P15