Page 18 - MEOG Week 26 2021

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global Sea, after exercising its right as the project’s
(NRG), in which the reader is invited to join operator to match a bid by Tailwind Energy.
our team of international editors, who provide a Tailwind, backed by private equity group Mer-
snapshot of some of the key issues affecting their curia, struck a deal to buy BP’s 27.5% interest in
regional beats. the field in May.
We hope you will like NRG’s new concise for-
mat, but by clicking on the headline link for each FSUOGM: Novatek considers Yamal wind
section the full text will be available as before. Russia’s Novatek is reportedly considering the
construction of a wind farm on the Yamal Pen-
AfrOil: Ghana’s offshore developments insula in order to limit Scope 2 emissions at its
Ghana’s offshore zone is in the spotlight this Yamal LNG plant.
week, with Eni (Italy) losing a court case to a Like other Russian oil and gas companies,
local company and state-owned Ghana Oil Novatek is under heightened pressure to reduce
(GOIL) seeking a new partner to replace Exx- the emissions from its products, in order to boost
onMobil (US) in the DW/CTP project. its environmental, social and governance (ESG)
Springfield Exploration and Production, a rating and make its gas more attractive to buyers.
privately owned Ghanaian company, has scored
a victory in its legal battle with Eni over the uni- GLNG: SA rejects LNG-to-power proposals
tisation of two licence areas known as Sankofa South Africa’s Department of Forestry, Fisher-
and Afina. ies and the Environment (DFFE) has decided
against giving Turkey’s Karpowership permis-
AsianOil: PIS unveils asset upgrade plan sion to go ahead with three LNG-to-power
The shipping arm of Indonesia’s state-owned projects. DFFE announced its decision in a
Pertamina has unveiled plans to invest $4bn to statement dated June 24.
upgrade its vessels and terminals over the next
seven years. LatAmOil: More time for Ecopetrol’s ISA
Pertamina International Shipping (PIS) Ecopetrol, Colombia’s national oil company, has
intends to replace 23 vessels and expand its fleet, said that the government will extend the period
director of business planning Wisnu Medan San- during which it has the exclusive right to nego-
toso told Reuters on June 25. tiate for a 51.4% equity stake in Interconexion
Electrica, the country’s electricity TSO.
DMEA: Eyes on fuel sources In a statement dated June 24, Ecopetrol
This week’s DMEA looks at Saudi Aramco’s plans reported that the end date of its exclusivity agree-
to play a major role in the nascent blue hydrogen ment with the Ministry of Finance and Public
sector and Angola hiring two firms to provide Credit (MHCP) had been pushed back.
more traditional fuels over the next 12 months.
State-owned Saudi Aramco this week spoke NorthAmOil: SWN commits to RSG
of plans to be a major player in the emerging Southwestern Energy announced last week that
blue hydrogen market, though it reiterated that it had struck a deal with Project Canary to cer-
it does not anticipate significant growth in the tify all of its Appalachian Basin shale gas output
sector until the end of the decade. as being responsibly sourced.
The company said it would obtain the
EurOil: Shell moves in on Shearwater responsible sourced gas (RSG) certification
Royal Dutch Shell looks set to pick up rival BP’s using Project Canary’s TrustWell standards and
stake in the Shearwater gas field in the UK North continuous emissions monitoring.™

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P18 www. NEWSBASE .com Week 26 30•June•2021