Page 14 - NorthAmOil Week 36 2021

NorthAmOil NEWSBASE’S ROUNDUP GLOBAL (NRG) NorthAmOil

NewsBase’s Roundup Global (NRG)

GLOBAL WELCOME to NewsBase’s Roundup Global FSUOGM: Gazprom rides the price surge
(NRG), in which the reader is invited to join Russia’s national gas champion Gazprom is on
our team of international editors, who provide a track to pay out record dividends this year, after
snapshot of some of the key issues affecting their riding the surge in European gas prices during
regional beats. We hope you will like NRG’s new recent months.
concise format, but by clicking on the headline link But despite its financial numbers, Gazprom
for each section the full text will be available as faces risks ahead, with the fate of its Nord Stream
before. 2 pipeline still hanging in the balance, while its
rival Rosneft takes advantage of the company’s
AfrOil: Another East African pipeline faces troubles to push for access to the European gas
ESG challenges market.
Josphat Nanok, the governor of Kenya’s Turkana
county, and James Lomenen Ekomwa, a mem- GLNG: Indian firms reportedly in talks over
ber of Kenya’s Parliament representing Turkana Arctic LNG 2 stake
South, have criticised the government’s approach Two Indian companies, Petronet LNG and ONGC
to acquiring land for the Lokichar-Lamu Crude Videsh Ltd (OVL), are reportedly in discussions
Oil Pipeline (LLCOP) project. Nanok recently about buying a stake in Russia’s Arctic LNG 2 pro-
alleged that Kenya’s National Land Commission ject, which is being developed by Novatek. The
(NLC) had begun acquiring land on behalf of the talks are centred on a 9.9% stake in the liquefac-
State Department of Petroleum and Mining in tion project, Bloomberg reported this week, citing
violation of the country’s constitution and exist- a member of the Indian delegation to Moscow
ing body of law. who is involved in the negotiations but spoke on
condition of anonymity.
AsianOil: McDermott installs platform off-
shore Vietnam LatAmOil: Chile moving ahead with green
International service provider McDermott has hydrogen project
successfully installed a production platform The backers of a green hydrogen project in Chile
over the Sao Vang and Dai Nguyet (SVDN) gas are said to have already arranged to sell more
and condensate field in Vietnam’s offshore Nam than half of their initial production. According
Con Son Basin. McDermott said on September to Argus Media, GNL Quintero, the operator of
2 that as the project’s subcontractor it had trans- Chile’s Quintero LNG terminal, and its Span-
ported and installed the central processing plat- ish partners Enagas and Acciona Energía have
form jacket, wellhead service deck and topside signed preliminary off-take agreements with
floatover. several customers.

DMEA: More Clean Fuels progress MEOG: ADNOC Drilling to list
This week’s DMEA covers the commissioning This week’s MEOG looks at ADNOC Drilling’s
of more refining units in Kuwait and contracts IPO plan and another attack on Aramco. The
for Angola’s new import terminal. State-owned drilling arm of Abu Dhabi National Oil Co.
Kuwait National Petroleum Corp. (KNPC) this (ADNOC) announced this week that it intends
week announced that it had launched three more to list on the local stock exchange, with the parent
units at its 454,000 barrel per day (bpd) Mina firm to sell a minimum of 7.5% in the company.
Abdullah refinery as it nears the full launch of Meanwhile, Yemen’s Houthi militia has claimed
its giant Clean Fuels Project (CFP). Elsewhere, responsibility for attacks on facilities belong-
Angola’s national oil company (NOC) Sonangol ing to Saudi Aramco as well as Saudi Arabia’s
reported last week that it had finalised several south-eastern cities of Najraf and Jazan.
contracts related to the planned construction of a
petroleum product import terminal at Barro do NorthAmOil: Chevron reportedly seeking to
Dande, about 60 km north of the capital Luanda. exit Eagle Ford
Super-major Chevron is seeking a sale of its
EurOil: Poland expands US LNG supplies assets in the Eagle Ford shale play in Texas as
Polish gas firm PGNiG has finalised a deal to part of efforts to regularly review its portfolio.
buy an extra 2mn tonnes per year (tpy) of LNG The news was reported by Reuters, which cited
from US developer Venture Global, the compa- sources familiar with the matter, as well as a mar-
nies announced on September 2. The deal cov- keting document it had seen.
ers supplies for 20 years, and raises PGNiG’s total
purchases to 5.5mn tpy, or 7.4bn cubic metres of See the archive and sign up to receive NRG Editor’s
regasified volumes. Picks for free by email each week here.™

P14 www. NEWSBASE .com Week 36 09•September•2021