Page 18 - LatAmOil Week 02 2023

LatAmOil NEWSBASE ROUNDUP GLOBAL (NRG) LatAmOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global two countries referred to offshore wind power,
(NRG), in which the reader is invited to join hydrogen, battery technology and carbon cap-
our team of international editors, who provide a ture and storage as areas of focus.
snapshot of some of the key issues affecting their
regional beats. We hope you will like NRG’s new FSU OGM: Kazakhstan seeks to supply
concise format, but by clicking on the headline Germany with oil via Druzhba
link for each section the full text will be available Kazakhstan is seeking to pump oil to Germany
as before. via the Druzhba pipeline system, helping the lat-
ter replace lost Russian volumes. Germany has
AfrOil: Eni plans second FLNG unit for followed through on a pledge to halt Russian
Marine XII oil imports on January 1, even though the EU
Italy’s Eni revealed on December 22 that it has embargo on crude supplies from the country,
arranged to deploy and install a second float- imposed in December, only extends to seaborne
ing LNG unit at the Marine XII block located deliveries and not those via pipeline.
offshore Republic of Congo. The Italian major
acquired the first unit – the Tango FLNG, which GLNG: Germany receives first shipment
has a production capacity of 600,000 tonnes per of US LNG at newly opened terminal
year (tpy) – for Marine XII last August. The first shipment of US LNG has arrived in Ger-
many at the Wilhelmshaven terminal, according
AsianOil: Beijing, Manila strike deal on to the German energy firm Uniper. The supplier
South China Sea was US company Venture Global Calcasieu
China and the Philippines agreed to resume talks Pass, which sent the equivalent of 97.1mn cubic
on joint exploration for oil and gas in the dis- metres of natural gas, enough to power around
puted portion of the South China Sea, a month 50,000 German households for a year.
after Manila broke off negotiations. The two
countries agreed on January 5 to set up a direct MEOG: Zenith Energy to acquire OMV’s
communications channel between their foreign Yemeni assets
ministries to handle the dispute peacefully. A Dutch affiliate of Canada-based Zenith Energy
has entered a share purchase agreement to
DMEA: Largest CDU in Middle East acquire Austrian firm OMV’s assets in Yemen in
launched at Abadan refinery a deal worth just over $21.6mn. The assets com-
The Middle East’s largest crude distillation unit prise Block S-2, which contains the 6,000 barrel
(CDU) has gone online at Iran’s Abadan oil refin- per day (bpd) al-Uqlah oilfield, Block 3 (Jardan)
ery with a capacity of 210,000 barrels per day and Block 70, which are in the exploratory phase
(bpd), the head of the National Iranian Oil and and have estimated resources of 60mn and 70mn
Engineering Company (NIOEC) has informed barrels respectively.
the market. According to NIOEC’s managing
director Farhad Ahmadi, the cost of the plant’s NorthAmOil: Marathon closes purchase
new CDU came to around €2.6bn. of Ensign’s Eagle Ford assets for $3bn
Marathon Oil has closed the acquisition from
EurOil: Germany, Norway team up on Ensign Natural Resources of Eagle Ford shale
renewables, other low-carbon tech acreage for $3bn in cash. The deal had been
Norway and Germany plan to expand their announced in early November. The assets
co-operation in the development of renewa- nearly double Marathon’s Eagle Ford position
ble energy and other low-carbon technologies, to 290,000 net acres (117,350 hectares) and are
their governments announced on January 5. The adjacent to the firm’s existing Eagle Ford wells. ™

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P18 www. NEWSBASE .com Week 02 11•January•2023