Page 20 - NorthAmOil Week 09 2023
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NorthAmOil                    NEWSBASE’S ROUNDUP GLOBAL (NRG)                                     NorthAmOil


       NewsBase’s Roundup Global (NRG)








        GLOBAL           WELCOME to NewsBase’s Roundup Global  FSUOGM: Lukoil, KMG target  launch  of
                         (NRG), in which the reader is invited to join  Caspian oilfields in 2028
                         our team of international editors, who provide a  The Kalamkas-Khazar Operating joint venture set
                         snapshot of some of the key issues affecting their  up by Russia’s Lukoil and Kazakhstan’s KazMu-
                         regional beats. We hope you will like NRG’s new  nayGas (KMG) aims to start development of the
                         concise format, but by clicking on the headline link  Kalamkas-Khazar oilfields in the Kazakh Cas-
                         for each section the full text will be available as  pian Sea in 2028, the Mangystau Region admin-
                         before.                              istration said in a statement last week. Under the
                                                              project, first output on the Kalamkas-Khazar
                         AfrOil: TotalEnergies gearing up for drilling  deposits is planned for the end of 2028.
                         programme offshore Namibia
                         TotalEnergies (France) is preparing to launch  GLNG: US positioned to become world’s
                         a multi-well deepwater drilling programme  largest LNG exporter as three more projects
                         offshore Namibia to determine the extent of its  look set to be approved
                         Venus discovery in the Orange Basin. According  The US is poised to take over top spot as the
                         to a statement from Impact Oil & Gas (UK), a  world’s biggest exporter of liquefied natural gas
                         non-operating partner in the project, TotalEn-  for years to come as three proposed LNG export
                         ergies will sink up to four wells at Block 2913B  terminals inch closer to receiving financial
                         and Block 2912.                      approval. With the largest global LNG supply
                                                              additions out to 2030, the US is on track to easily
                         AsianOil:  Canadian  flip-flopping  on  LNG  surpass Australia.
                         leaves Japan, Korea hanging
                         At a recent webinar attended by ambas-  LatAmOil: Guyana’s economy to grow 25%
                         sadors from both Japan and South Korea  per year thanks to oil sector
                         in addition to a number of high-ranking  Guyana’s Finance Minister Ashni Singh stated
                         Canadian energy officials, Tokyo’s envoy  on February 16 that his government expects
                         to Ottawa, Kanji Yamanouchi, said:  “if  national economic growth to average at least
                         everything goes well, by the end of 2024, the  25% over the next three to four years. This
                         first shipment of LNG will be will be sent  will make the South American country, which
                         to Japan.”                           became an oil producer in December 2019, one
                                                              of the world’s fastest-growing economies.
                         DMEA: Luberef considers 50% dividend
                         Saudi Aramco Base Oil Co. (Luberef)  MEOG: ADNOC to list 4% of gas unit
                         recorded profits of SAR2bn ($530mn) after  Abu Dhabi National Offshore Oil Co. (ADNOC)
                         tax in 2022 prompting its board of directors to  announced this week that it will sell a 4% stake
                         suggest a 50% cash dividend or SAR5 ($1.33)  in its gas division when it lists on the local stock
                         per share corresponding to the second half  exchange next month. Subscriptions for the
                         of the year. In a statement to accompany its  ADNOC Gas initial public offering are set to
                         results, Luberef said that the net income was  open next week and the period will close on
                         achieved thanks to revenues of SAR10.6bn  March 2 ahead of listing on the Abu Dhabi Secu-
                         ($2.8bn), up from SAR8.8bn ($2.4bn) a year  rities Exchange (ADX) on March 13.
                         earlier.
                                                              NorthAmOil: Equinor receives licence for
                         EurOil: Bulgaria seeks regasified LNG via  discovery off Newfoundland
                         Turkey                               The Canada-Newfoundland and Labrador Off-
                         Bulgaria’s state gas company Bulgargaz has  shore Petroleum Board (C-NLOPB) has issued
                         announced a tender for the supply of 500,000  a licence to Equinor for the Cappahayden K-67
                         MWh of LNG via a Turkish terminal for deliv-  discovery in the province’s waters. The board
                         ery in April 2023. This marks the first cargo  estimates that it holds about 385mn barrels of
                         to be delivered to a Turkish LNG terminal  recoverable oil.
                         under the agreement signed by Bulgargaz and
                         Turkish gas transmission company BOTAS in  See the archive and sign up to receive NRG Editor’s
                         January 2023.                        Picks for free by email each week here.™












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