Page 18 - DMEA Week 05 2022

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global The oil arm of state-owned Gazprom said in
(NRG), in which the reader is invited to join mid-December that it would reach its long-held
our team of international editors, who provide a goal of producing 2mn boepd of oil and gas by
snapshot of some of the key issues affecting their the end of last year.
regional beats.
We hope you enjoy NRG’s new concise for- GLNG: FID for Alexandroupolis LNG
mat, but by clicking on the headline link for each Greece’s Gastrade announced on January 28 that
section the full text will be available as before. it had made a final investment decision on the
Alexandroupolis LNG import terminal.
AfrOil: TotalEnergies eyes Moz return The floating LNG project, off the coast of
Patrick Pouyanné, the CEO of TotalEner- Alexandroupolis, will have the capacity to
gies (France), hopes to see work on the $20bn import up to 5.5bn cubic metres per year of gas.
Mozambique LNG project resume before the It will be Greece’s second LNG import terminal.
end of this year.
Speaking during a visit to Maputo on January LatAmOil: Peru bans Repsol from discharge
31, Pouyanné stressed that the French major was Peru’s Environment Minister Ruben Ramirez
still waiting for security conditions to improve said on January 31 that Repsol (Spain) would
in Cabo Delgado Province, where the Mozam- not be permitted to take delivery of feedstock
bique LNG consortium has already begun build- for its La Pampilla refinery until it could provide
ing its onshore complex. adequate technical guarantees with respect to its
ability to handle oil spills.
AsianOil: Malaysia launches bid round Ramirez declared that the Spanish company
Malaysia’s state-owned Petronas launched the was already performing inadequately, as evi-
country’s 2022 licensing round on January 27. denced by the spill that occurred at one of the
Under the Malaysia Bid Round 2022, 14 four moorings it operates at La Pampilla on Jan-
exploration blocks, six clusters of discovered uary 15.
resource opportunities and one cluster of late-
life assets are on offer. MEOG: Kuwait keeps moving upstream
State-owned Kuwait Oil Co. (KOC) is expected
EurOil: More Hammerfest LNG delays to issue tenders for high-pressure water injec-
Equinor has warned of a further delay in the tion to increase oil production from northern
restart of the Hammerfest LNG plant in Nor- oilfields.
way’s far north, dashing hopes that the terminal Meanwhile, a group of officials from Kuwait
would help ease supply constraints in Europe at and Saudi Arabia met this week to hold talks
the tail-end of winter. about the future development of oil projects in
Hammerfest LNG had to be closed in Sep- their shared Partitioned Neutral Zone.
tember 2020 after a serious fire tore through
the facility, requiring extensive repairs and NorthAmOil: Maverick expands in Permian
reconstruction. US-based ConocoPhillips has agreed to sell
certain assets in the Permian Basin to privately
owned Maverick Natural Resources for $440mn.
FSUOGM: Gazprom Neft to lead the charge The producing assets are located in the Per-
Gazprom Neft aims to be producing 3mn barrels mian’s Central Basin Platform and Northwest
of oil equivalent per day by 2025, the company’s Shelf areas, spanning roughly 144,500 net acres
CEO Alexander Dyukov announced last week, (585 square km) across Texas’ Andrews and
which would put it on a faster growth trajectory Ector counties and New Mexico’s Eddy and Lea
than any of its peers. counties.™

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P18 www. NEWSBASE .com Week 05 03•February•2022