Page 14 - AsianOil Week 22 2022

AsianOil NEWSBASE’S ROUNDUP GLOBAL (NRG) AsianOil

NewsBase’s Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global completed its withdrawal from Russia, the com-
(NRG), in which the reader is invited to join pany announced on May 25, after transferring its
our team of international editors, who provide a shares in all joint ventures to state-owned Ros-
snapshot of some of the key issues affecting their neft. The transfers draw a line under Equinor’s
regional beats. We hope you will like NRG’s new three decades of working in Russia. Equinor
concise format, but by clicking on the headline link announced it was leaving the country on Febru-
for each section the full text will be available as ary 28, four days after Moscow began its invasion
before. of Ukraine.

AfrOil: Eni confirms withdrawal from South GLNG: Golar LNG: Hilli Episeyo FLNG
Africa boosts production capacity to 1.4mn tpy
Italy’s Eni has effectively confirmed its with- Bermuda-registered Golar LNG reports that
drawal from South Africa, where it had been the Hilli Episeyo, its floating LNG vessel oper-
preparing to look for oil and gas off the coast of ating offshore Cameroon, has successfully
KwaZulu-Natal. The company has been working raised production levels to the equivalent of
with Sasol, a South African company, to explore 1.4mn tonnes per year. Golar LNG said in a
an offshore block known as Exploration Right statement on May 26 that the FLNG had suc-
236 (ER 236) since 2014. ceeded in bringing output up from the equiva-
lent of 1.2mn tpy.
AsianOil: Shell takes FID on Crux project
offshore Australia LatAmOil: Guyana renews Liza-1 environ-
Shell Australia announced on May 30 that it mental permit
had taken a final investment decision (FID) on Guyana’s Environmental Protection Agency
the Crux natural gas project offshore Western (EPA) said on May 31 that it had renewed the
Australia. Development of Crux is aimed at pro- environmental permit issued to US super-major
viding additional feedstock gas to the Prelude ExxonMobil for the Liza-1 development project.
floating LNG (FLNG) facility, which has been In an official statement, the EPA reported that it
online since 2019, aside from some unplanned had renewed the permit for a period of five years,
outages. in line with the relevant legislation.

DMEA: PlasChem receives Sadara feed- MEOG: Contract awards continue
stock This week in MEOG we look at the award of
Saudi Arabia’s Sadara Chemical Co. announced more contracts as upstream momentum con-
that its dedicated pipeline network has begun tinues. Japan’s JGC Corp. announced that it has
supplying feedstock to tenants in the adjacent been awarded a contract by Saudi Aramco to
PlasChem Park in Jubail Industrial City II. The oversee the engineering, procurement and con-
EO/PO pipeline system was formally launched struction of facilities to support the expansion of
this week following its completion in September the Zuluf oilfield. Meanwhile, BP has extended
2021. a contract to local firm Abraj Energy Services
for land rig services in its Block 61 concession
EurOil: UK mulls reopening Rough gas fa- in Oman.
cility
The UK government is negotiating with energy NorthAmOil: Suncor, Cenovus restart West
group Centrica on reopening the Rough gas White Rose offshore project
storage facility, in a move to bolster its energy Canadian producers Suncor Energy and Ceno-
security, the BBC reported on May 30. Rough vus Energy have decided to restart development
was closed down in 2017 after Centrica’s plea of the West White Rose project, an extension
for subsidies to keep it open was rejected by the of the existing White Rose field. Work on West
then-government of Prime Minister Theresa White Rose was suspended in March 2020 amid
May. the onset of the coronavirus (COVID-19).

FSUOGM: Equinor completes Russian exit See the archive and sign up to receive NRG Editor’s
Norwegian oil and gas producer Equinor has Picks for free by email each week here.™

P14 www. NEWSBASE .com Week 22 03•June•2022