Page 17 - LatAmOil Week 22 2022
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LatAmOil                      NEWSBASE ROUNDUP GLOBAL (NRG)                                        LatAmOil


       NewsBase Roundup Global (NRG)








        NRG              Welcome  to  NewsBase’s  Roundup  Global  plea for subsidies to keep it open was rejected by
                         (NRG), in which the reader is invited to join  the government of then-Prime Minister Theresa
                         our team of international editors, who provide a  May.
                         snapshot of some of the key issues affecting their
                         regional beats. We hope you will like NRG’s new  FSU OGM: Equinor completes Russian
                         concise format, but by clicking on the headline  exit
                         link for each section the full text will be available  Norwegian oil and gas producer Equinor has
                         as before.                           completed its withdrawal from Russia, the com-
                                                              pany announced on May 25, after transferring its
                         AfrOil: Eni confirms withdrawal from   shares in all joint ventures to state-owned Ros-
                         South Africa                         neft. The transfers draw a line under Equinor’s
                         Italy’s Eni has effectively confirmed its with-  three decades of working in Russia. Equinor
                         drawal from South Africa, where it had been  announced it was leaving the country on Febru-
                         preparing to look for oil and gas off the coast of  ary 28, four days after Moscow began its invasion
                         KwaZulu-Natal. The company has been working  of Ukraine.
                         with Sasol, a South African company, to explore
                         an offshore block known as Exploration Right  GLNG: Golar LNG’s Hilli Episeyo FLNG
                         236 (ER 236) since 2014.             boosts production capacity
                                                              Bermuda-registered Golar LNG reports that
                         AsianOil: Shell takes FID on Crux project   the Hilli Episeyo, its floating LNG (FLNG) ves-
                         offshore Australia                   sel operating offshore Cameroon, has success-
                         Shell Australia announced on May 30 that it  fully raised production levels to the equivalent
                         had taken a final investment decision (FID) on  of 1.4mn tonnes per year. Golar LNG said in a
                         the Crux natural gas project offshore Western  statement on May 26 that the FLNG had suc-
                         Australia. Development of Crux is aimed at pro-  ceeded in bringing output up from the equiva-
                         viding additional feedstock gas to the Prelude  lent of 1.2mn tpy.
                         floating LNG (FLNG) facility, which has been
                         online since 2019, aside from some unplanned  MEOG: Contract awards continue
                         outages.                             Japan’s JGC Corp. announced that it has been
                                                              awarded a contract by Saudi Aramco to oversee
                         DMEA: PlasChem gets Sadara feedstock  the engineering, procurement and construction
                         Saudi Arabia’s Sadara Chemical Co. announced  of facilities to support the expansion of the Zuluf
                         that its dedicated pipeline network has begun  oilfield. Meanwhile, UK-based BP has extended
                         supplying feedstock to tenants in the adjacent  a contract to local firm Abraj Energy Services
                         PlasChem Park in Jubail Industrial City II. The  for land rig services in its Block 61 concession
                         EO/PO pipeline system was formally launched  in Oman.
                         this week following its completion in September
                         2021.                                NorthAmOil: Suncor, Cenovus restart West
                                                              White Rose offshore project
                         EurOil: UK mulls reopening Rough gas   Canadian producers Suncor Energy and Ceno-
                         facility                             vus Energy have decided to restart development
                         The UK government is negotiating with energy  of the West White Rose project, an extension
                         group Centrica on the reopening of the Rough  of the existing White Rose field. Work on West
                         natural gas storage facility in a move to bolster  White Rose was suspended in March 2020 amid
                         its energy security, the BBC reported on May 30.  the onset of the coronavirus (COVID-19) pan-
                         Rough was closed down in 2017 after Centrica’s  demic. ™




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