Page 14 - MEOG Week 37 2022

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global its war in Ukraine, and ease soaring energy costs
(NRG), in which the reader is invited to join for EU households and businesses.
our team of international editors, who provide a
snapshot of some of the key issues affecting their FSUOGM: Equinor finishes exit from Russia
regional beats. By clicking on the headline link Norway’s Equinor has completed its withdrawal
for each section the full text will be available. from Russia’s oil industry with the sale of its
entire holding in the Kharyaga oil project in the
AfrOil: Eni acquires BP assets in Algeria country’s far north.
Italy’s Eni has reached agreement with BP Equinor announced in May it had trans-
(UK) on the acquisition of the latter company’s ferred shares in four joint ventures in Eastern
upstream assets in Algeria. and Western Siberia to its state-owned partner
In a statement, Eni said it expected the deal Rosneft, while disclosing terms.
to help it gain access to additional natural gas
reserves that could be used to supply European GLNG: Peru LNG sends cargoes to UK
markets, while also expanding its own business Peru LNG, the operator of a natural gas lique-
operations in Algeria. faction plant and export terminal in Pampa
Melchorita, resumed exports in August follow-
AsianOil: Australia awards CCS permits ing a planned shutdown for maintenance in July.
The Australian government has awarded per- According to Peru’s national oil company
mits for companies to undertake evaluation and Perupetro, the Peru LNG consortium loaded a
appraisal work for the potential storage of carbon total of 174,497 tonnes of LNG in the month of
dioxide (CO2) in the country’s waters. August.
On September 5, Santos announced that
it had been awarded permits G-9-AP and LatAmOil: Petrobras may offer CCS services
G-11-AP to pursue carbon capture and storage Brazil’s national oil company is looking into the
opportunities in the Carnarvon and Bonaparte possibility of broadening the scope of its carbon
basins, offshore Western Australia, alongside its capture and storage programme and may begin
joint venture partners. offering services to third parties, a Petrobras rep-
resentative has said.
DMEA: Italy receives Kuwaiti ULSD cargo Currently, Petrobras’ CCS programmes are
Kuwait Petroleum International (KPI), a down- inwardly focused, designed primarily to reduce
stream subsidiary of Kuwait Petroleum Corp. the carbon intensity of the company’s own
(KPC), has delivered its first batch of ultra-low- upstream operations, especially at deepwater
sulphur diesel fuel to Italy. and ultra-deepwater pre-salt fields in Brazil’s
In a statement, KPI reported that the ship- offshore zone.
ment had reached its depot in Naples.
NorthAmOil: EQT’s Appalachian acquisition
EurOil: Ministers clash on Russian gas cap Shale gas producer EQT said this week that it
EU member states have clashed over the Euro- had entered into an agreement with THQ Appa-
pean Commission’s proposal to place a price lachia I and THQ-XcL Holdings I to acquire Tug
cap on Russian gas supplies, casting doubt on Hill’s upstream operations and XcL’s midstream
whether the measure will be implemented. gathering and processing assets.
The bloc’s 27 energy ministers met on Sep- In total, EQT will pay $5.2bn for the assets,
tember 9 to discuss a package of EC proposals comprised of $2.6bn in cash and $2.6bn in
aimed at depriving Moscow of revenues to fund stock.™

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P14 www. NEWSBASE .com Week 37 14•September•2022