Page 8 - LatAmOil Week 50 2021

LatAmOil CUBA LatAmOil

Alameda is a section of Block 9 onshore Cuba (Image: Melbana Energy)

Operations at that site are now focused on just as we stopped drilling, but safety comes first.
improvements in access roads and will shift next And we now look forward with great anticipa-
to a testing programme for nearby water walls. tion to drilling ahead and seeing what else there
Melbana wants to be certain that these wells is to discover in this well,” he commented.
can provide adequate volumes of water once The Australian firm is developing Block 9 in
drilling work begins at Zapato-1, the statement co-operation with Angola’s national oil com-
explained. pany (NOC) Sonangol, which acquired a 70%
Andrew Purcell, the executive chairman of stake in the project via a farm-in deal in 2020.
Melbana, said he was looking forward to the Sonangol has agreed to cover 85% of the $30mn
resumption of drilling at Alameda-1. “It has cost of the two-well drilling programme that
been an impatient wait for all of us here given begins with the Alameda-1 exploration well, and
the results of the drilling programme to date and its Australian partner will cover the remaining
the hint of something else promising appearing 15%. ™

ARUBA
Eagle LNG, WEB Aruba sign agreement

on construction of new LNG terminal

US-BASED Eagle LNG Partners has struck an
agreement with WEB Aruba, the national water
and power provider of Aruba, on the construc-
tion of an LNG regasification terminal at the site
of an existing oil refinery in San Nicolas.
Eagle LNG, which is owned by the pri-
vate equity firm Energy & Minerals Group,
announced the deal in a statement last week. It
said the parties had signed documents outlin-
ing their plans for long-term co-operation at a
ceremony on December 9. That ceremony was Dec. 9 signing ceremony (Image: Gov’t of Aruba)
attended by Aruba’s Minister of Labour, Energy
and Integration Glenbert Croes and WEB Aru- regasification facility at the Refineria di Aruba
ba’s CEO Serapio Wever, the statement noted. (RdA) plant, which has been idle for some
The agreement provides for the parties to time. Neither Eagle LNG nor WEB Aruba has
work together to build an LNG import and revealed the projected capacity of this terminal.

P8 www. NEWSBASE .com Week 50 16•December•2021