Page 19 - FSUOGM Week 05 2023

FSUOGM NEWSBASE ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Oil & Gas Roundup GLNG: Germany to look at restricting Rus-
Global (NRG), in which the reader is invited sian LNG imports
to join our team of international editors, who Germany’s government wants to limit Russian
provide a snapshot of some of the key issues LNG purchases as part of efforts to ratchet up
affecting their regional beats. We hope you will pressure on Moscow’s revenue stream, Bloomb-
like NRG's new concise format, but by clicking erg reported this week.
on the headline link for each section the full text Citing written responses by Germany’s
will be available as before. deputy energy minister, Patrick Graichen,
to questions submitted by opposition
lawmakers, the news agency reported that
AfrOil: Reports Surface Of New Shell Dis- the government could require gas buyers
covery Offshore Namibia to disclose the origin of the LNG they
Shell (UK) has made a new discovery in the purchase, if the volume is more than a
Orange basin offshore Namibia, according to a certain amount.
report from Upstream Online.
Three informed sources told the LatAmOil: T&T Wins Two-Year Waiver For
publication that the multi-national had Joint Gas Project With Venezuela
found hydrocarbons in Jonker-1, a well Keith Rowley, the prime minister of Trinidad
drilled at Block 2913A. and Tobago, revealed that US authorities have
agreed to let his country proceed with the devel-
AsianOil: Santos Suffers Further Delays At opment of Dragon, a natural gas field offshore
Barossa Project Venezuela.
Australia’s Santos has suffered more delays at Some sources have reported that Venezuela’s
its $3.6bn Barossa gas project in the country’s national oil company (NOC) PdVSA will
north, after a regulator instructed the company serve as operator of the project, which
to assess environmental risks to underwater targets a section of the maritime boundary
indigenous cultural heritage before commenc- line between Trinidad and Tobago and
ing pipeline construction. Venezuela.
Australia’s offshore regulator announced
the requirement on January 13. MEOG: OQ Outlines Plans For Abraj IPO
Omani state oil firm OQ this week disclosed
DMEA: Uganda To Take Hoima FID In June its plans to sell up to 49% of its Abraj Energy
Uganda’s planned 60,000 barrel per day (bpd) Services drilling arm in an initial public offering
refinery at Kabale in Hoima district is expected (IPO) on the Muscat Securities Market (MSX).
to begin production by 2025, pending a final Documents posted on the Abraj website
investment decision (FID) to be made in June. said that the subscription period would
The project is expected to cost around begin in February ahead of a March listing,
$4bn, but a more precise figure will be with Bloomberg reporting in September
provided during the decision-making that such a move could raise up to $500mn.
process.
NorthAmOil: Hess To Focus In 2023 On
EurOil: Europe Ramps Up Gas Withdrawals Bakken Shale Play
European gas consumers sharply increased gas Hess Corp. will focus more than 80% of a
withdrawals from storage facilities at the end $3.7bn capital and exploratory budget in 2023
of January, more than tripling them versus the on a four-rig drilling programme in the Bakken
level in the first half of the month, according to shale, and also on development in Guyana. See the archive and
data published by Gas Infrastructure Europe Net production in the Bakken, in North sign up to receive
(GIE). Dakota, is forecast to average 165,000- *NRG Editor’s Picks*
In the January 19-25 period, average gas 170,000 barrels of oil equivalent per for free by email each
withdrawals in the EU reached 693mn cubic day (boepd), said the New York-based week here
metres per year, according to GIE. exploration and production company.

Week 05 01•February•2023 www. NEWSBASE .com P19