Page 14 - FSUOGM Week 34 2022

FSUOGM NEWSBASE ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global Baltic Sea shore that handles Nord Stream’s
(NRG), in which the reader is invited to join gas flow will be closed so that joint main-
our team of international editors, who provide a tenance can be carried out by specialists
snapshot of some of the key issues affecting their from Gazprom and Germany’s Siemens,
regional beats. We hope you will like NRG's new the unit’s manufacturer.
concise format, but by clicking on the headline
link for each section the full text will be available GLNG: Peru LNG Resumes Exports After
as before. July Shutdown
Peru LNG, the operator of a natural gas
AfrOil: NNPC Ltd Signs Renegotiated PSCs liquefaction plant and export terminal in
For Five Deepwater Blocks Pampa Melchorita, resumed exports in
Nigerian National Petroleum Co. Ltd (NNPC the first two weeks of August following a
Ltd) has completed the process of negoti- planned shutdown in July.
ating new production-sharing contracts According to data from Peru’s national
(PSCs) for five deepwater blocks in a move oil company (NOC) Perupetro, the Peru
that is expected to unlock more than $500bn LNG consortium resumed loadings after
in revenue for the West African country. completing its maintenance programme
and has loaded two cargoes since the begin-
AsianOil: Dorado Delays ning of August.
Santos has postponed the $2bn development
of the Dorado oilfield off the coast of West- LatAmOil: ExxonMobil May Use Tie-Backs
ern Australia, concluding that soaring costs To Expand Production At Stabroek
relating to the construction of a floating Mike Ryan, production manager at Exx-
production storage and offloading (FPSO) onMobil Guyana, says his company is
meant that the project was too risky. seriously considering proposals for using
subsea tie-backs to link new oil finds at the
DMEA: Israel Sees Egypt’s LNG Capacity As Stabroek block to existing infrastructure in
Reason For Continued Co-Operation order to improve production operations.
Israel will continue to work with Egypt to
boost natural gas exports to Europe, as the MEOG: ADNOC Affiliates Win More Work
latter country is its best option for producing Abu Dhabi National Oil Co.’s (ADNOC)
LNG, Energy Minister Karine Elharrar told Logistics & Services arm was this week
Israel Hayom in an interview published on awarded a $1.17bn deal to provide barges
August 12. to support the parent firm’s upstream
Elharrar explained that Israel’s caretaker expansion. The award will see ADNOC
government, led by the Yesh Atid party, had L&S lease 13 self-propelled jack-up
been willing to join with Brussels and Cairo barges to ADNOC for a period of five
in mid-June in signing a tripartite memoran- years, enabling rig-less operations and
dum of understanding (MoU) on expanding maintenance, alongside “manpower and
gas supplies to Europe because of the access equipment”.
that Israel had already gained to Egypt’s LNG
plants. NorthAmOil: Santos Sanctions Pikka Pro-
ject In Alaska
EurOil: Gazprom Warns Of Three-Day Nord Australia’s Santos announced this week
Stream Shutdown that it had taken a final investment deci-
Russia plans to close down the Nord sion (FID) on Phase 1 of the Pikka oil pro-
Stream gas pipeline for three days between ject on Alaska’s North Slope. The company See the archive and
August 31 and September 2, in a move that has pegged total capital expenditure on sign up to receive
will put further strain on the European gas the project at $2.6bn, with Santos’ share *NRG Editor’s Picks*
market. accounting for $1.3bn as a 51% shareholder for free by email each
The only working compressor unit at in Pikka. The remaining stake in the project week here
the Portovaya compressor station on the is held by Spain’s Repsol.

P14 www. NEWSBASE .com Week 34 24•August•2022