Page 20 - NorthAmOil Week 09 2023

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.™

P20 www. NEWSBASE .com Week 09 02•March•2023