Page 15 - GLNG Week 39 2022

GLNG NEWSBASE’S ROUNDUP GLOBAL (NRG) GLNG

NewsBase’s Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global pipelines as gas leaks into sea
(NRG), in which the reader is invited to join Pressure fell in both branches of the Nord Stream
our team of international editors, who provide a gas pipeline from the giant Russian Yamal Arc-
snapshot of some of the key issues affecting their tic gas fields to Germany on the evening of Sep-
regional beats. We hope you will like NRG’s new tember 26, reportedly due to a leak in the NS2
concise format, but by clicking on the headline link pipeline. The leaks were reported by the Danish
for each section the full text will be available as authorities, which ordered ships to maintain a
before. 5-km radius away from the pipelines that run
under the Baltic Sea through Danish waters,
describing the area as “dangerous for ship traffic.”
AfrOil: Sonatrach CEO says Algeria can
meet Italian gas supply pledges GLNG: Germany aims to sign LNG supply
Algeria will be able to supply Italy with at least deals with UAE
25bn cubic metres of natural gas this year, said Germany’s Economic Affairs and Climate Action
Tewfik Hakkar, the CEO of the national oil com- Minister Robert Habeck said on September 19
pany Sonatrach, following reports that the North that Chancellor Olaf Scholz was set to sign con-
African country might not be able to uphold its tracts for LNG supplies during an upcoming trip
commitment to increase deliveries. Hakkar told to the UAE. Speaking during a trip to Lubmin,
Bloomberg in an interview on September 21 that where new LNG import facilities will be built
Sonatrach was set to export 25.2 bcm of gas to in the near future, Habeck said the UAE could
Italy in 2022. help Germany diversify its slate of natural gas
suppliers.
AsianOil: Mubadala makes gas find off Ma-
laysia LatAmOil: Ecopetrol requests 90-day sus-
UAE-based Mubadala Petroleum and its part- pension of fracking projects
ners Shell and Malaysia’s Petronas have made Colombia’s national oil company Ecopetrol has
a sizable natural gas discovery at Block SK320 asked ANH, the country’s oil and gas regulator,
off the coast of Bintulu, Sarawak, in Malaysia, to suspend its contracts for the Kale and Platero
Petronas said on September 20. The discovery unconventional fields for 90 days in the face
was made with a well drilled to a depth of 1,680 of mounting resistance from environmental
metres. groups. Ecopetrol had been planning to carry
out pilot projects at the two sites, which are
DMEA: ARIA Commodities to build new located in Santander Province, in collaboration
downstream facilities in HFZA with the US company ExxonMobil.
UAE-based ARIA Commodities has announced
plans to invest AED154mn ($41.93mn) in the MEOG: Arabian Drilling prepares for IPO
construction of four new downstream and Saudi firm Arabian Drilling Co., owned by the
petrochemical facilities in the Hamriyah Free local Industrialization & Energy Services Co.
Zone (HFZA) in Sharjah. Company executives (TAQA, 51%) and Schlumberger (49%), has
unveiled the plan during a ceremony marking appointed banks to manage its initial public
the signing of a lease agreement between HFZA offering. The company released a statement say-
and ARIA Group, the parent company of ARIA ing it would sell 26.7mn shares, 30% of the total,
Commodities. when it lists on the local Tadawul All Share Index
(TASI) – the Riyadh stock exchange.
EurOil: UK government set to fast-track
key oil and gas projects
The UK government of new Prime Minister Liz NorthAmOil: Talos to expand Gulf holdings with
Truss has announced plans to fast-track the devel- EnVen acquisition
opment of new oil and gas fields, including the giant Talos Energy announced on September 22 that
Cambo oil deposit west of the Shetland Islands, it had agreed to acquire privately owned US Gulf
under a new mini-budget announced on Septem- of Mexico operator EnVen for $1.1bn. Hou-
ber 3. Like her predecessor Boris Johnson, Truss, ston-based Talos says it was already one of the
who took office in early September, has positioned Gulf’s largest publicly listed independent pro-
the development of more home-grown energy sup- ducers prior to the acquisition.
ply as a centrepiece in her policy, as UK households
and businesses cope with soaring energy costs. See the archive and sign up to receive NRG Editor’s
Picks for free by email each week here.™
FSUOGM: Pressure drops in Nord Stream

Week 39 30•September•2022 www. NEWSBASE .com P15