Page 17 - EurOil Week 48 2021

EurOil NEWSBASE ROUNDUP GLOBAL (NRG) EurOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global Russian Arctic.
(NRG), in which the reader is invited to join Gazprom has earned handsome profits
our team of international editors, who provide a during the European gas crisis this year and
snapshot of some of the key issues affecting their intends to plough some of that windfall cash
regional beats. We hope you will like NRG's new back into new infrastructure.
concise format, but by clicking on the headline
link for each section the full text will be available GLNG: McDermott Reports Completion Of
as before. Net-Zero LNG Construction Study For Shell
McDermott International said this week that
AfrOil: Kenya Dismisses Rumours On it had recently completed a study for Shell
LAPSSET Land Acquisition Global Solutions International, aimed at
Kenya’s government is seeking to deny reducing greenhouse gas (GHG) emissions
reports that it has already begun the pro- during the construction of LNG projects.
cess of land acquisition in Turkana County The study identifies “tangible reduction
for the Lokichar-Lamu Crude Oil Pipeline pathways” with an ultimate aim of net-zero
(LLCOP) project, a component of the Lamu emissions during the construction phase of
Port-South Sudan Ethiopia Transport Corri- LNG projects, McDermott stated.
dor (LAPSSET) initiative.
James Long’ole, the National Land Com- LatAmOil: Eco Hopes For Light Oil Find At
mission (NLC) co-ordinator for Turkana, Orinduik
took note last week of rumours that gov- UK-based Eco (Atlantic) Oil & Gas has
ernment officials had already identified expressed optimism about the prospects for
516 landowners who would be affected by a major discovery at the Orinduik block off-
LLCOP. These reports are incorrect, and the shore Guyana, noting that the eastern sec-
number 516 refers to something else, he was tion of the licence area is very close to several
quoted as saying by The Nation. fields within the neighbouring Stabroek
block.
AsianOil: Australia Releases 20-Year Gas Eco, a minority shareholder in the Orin-
Sector Strategy duik consortium, said last week that it was
The Australian government released its working with its partners to update the
first full National Gas Infrastructure Plan inventory of drilling targets and to choose
(NGIP), alongside the Future Gas Infra- exploration drilling sites. The consortium
structure Investment Framework, late last hopes to make a final selection and begin
week. preparations for drilling in the near future,
The government said on November 26 it stated.
that the plan and the framework were part
of Prime Minister Scott Morison’s “gas-led
recovery” strategy and that they would MEOG: Major Field Development Plans
secure national gas supplies over the next In this week’s MEOG we look at plans for
20 years. the development of two of the region’s big-
gest oil and gas fields – Rumaila and South
DMEA: Aramco Denies Deal Is Dead Pars.
Saudi Aramco’s president and CEO this week Iraqi officials last week attended a cere-
rejected that talks for a major downstream mony to inaugurate the new Basra Energy
tie-up between the company and India’s Reli- Company Ltd (BEC) joint venture (JV)
ance Industries Ltd (RIL) had been scrapped. between BP and PetroChina, which has
Speaking to Arab News, Amin Nasser said taken over as the main contractor for the
that the talks had been paused while Reli- development of the super-giant Rumaila
ance carries out a restructuring process, oilfield.
adding that they would “continue to discuss
further with them in the future after they NorthAmOil: Canadian Regulator Rejects
finish the restructuring”. Enbridge’s Mainline Contracting Plan
The Canada Energy Regulator (CER) has
FSUOGM: Gazprom To Use Gas Crisis rejected pipeline operator Enbridge’s proposal
Windfall To Boost Capex to change how it allocates capacity on its Main- See the archive and
Capital spending levels at Russia’s Gazprom line system. Under the plan, 90% of the capac- sign up to receive
are once again creeping upwards, as the ity would have been sold under long-term *NRG Editor’s Picks*
company prepares to ramp up gas supplies contracts rather than allocated on a monthly for free by email each
to China and expand development in the basis as before. week here

Week 48 01•December•2021 www. NEWSBASE .com P17