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AsianOil NEWSBASE’S ROUNDUP GLOBAL (NRG) AsianOil
NewsBase’s Roundup Global (NRG)
NRG
WELCOME to NewsBase’s Roundup Global (NRG), in which the reader is invited to join our team of international editors, who provide a snapshot of some of the key issues affecting their regional beats. We hope you will like NRG’s new concise format, but by clicking on the headline link for each section the full text will be available as before.
AfrOil: Eni, Sonatrach strike oil in North Berkine basin
Italy’s Eni and its partner Sonatrach, the national oil company of Algeria, have made a new hydro- carbon discovery in Rhourde Oulad Djemaa Ouest-1 (RODW-1), an exploration well drilled within the research perimeter of Sif Fatima II, a concession in the Berkine North basin. Eni announced the discovery in a statement on July 25, noting that the partners had encountered both crude oil and associated gas in the Triassic sandstones of the Tagi reservoir.
AsianOil: CNOOC reports commercial flows from offshore shale well
China National Offshore Oil Corp. (CNOOC) has achieved commercial flows of oil and gas from an offshore shale well in the South China Sea. This marks the first successful offshore shale well for China.
DMEA: Reality check for Port Harcourt
A senior official at Nigeria’s biggest existing refinery last week cast doubt on recent specula- tion the facility could resume operations by the end of the year. The managing director of Nige- ria’s Port Harcourt Refining Complex (PHRC) has said that the refinery will resume operations next year, conflicting with a more optimistic out- look provided by the country’s oil minister.
EurOil: Shell FIDs Jackdaw
Shell has taken a final investment decision on developing the Jackdaw gas field in the UK North Sea, having overcome previous envi- ronmental opposition to the project. Jackdaw, situated some 250 km east of Aberdeen, will comprise a normally unmanned wellhead plat- form along with subsea infrastructure tied back to Shell’s existing Shearwater gas hub.
FSUOGM: Rosneft starts drilling at Vostok Oil
Russia’s state oil company Rosneft has kicked off production drilling at the Payakhskoye oilfield
in the Russian Arctic – the largest deposit in the Vostok Oil megaproject. Development drilling is taking place at five well pads at the field, and will be completed using Russian-made rigs, Rosneft said.
GLNG: Cheniere signs LNG supply deal with Thailand’s PTT
US LNG producer Cheniere Energy announced this week that it had struck a deal to supply the super-chilled fuel to a unit of Thailand’s PTT. Under the sale and purchase agreement, Cheniere’s Corpus Christi Liquefaction subsid- iary has agreed to supply 1mn tonnes per year of LNG to PTT Global LNG (PTTGL) over a 20-year period starting in 2026.
LatAmOil: ExxonMobil makes two new finds at Stabroek
US-based ExxonMobil has made two finds at the Stabroek block offshore Guyana, bringing the total number of discoveries made at the licence area this year up to seven. The super-major reported on July 26 that it had found hydrocar- bons in the Seabob-1 and Kiru-Kiru-1 explora- tion wells.
MEOG: IDC maintains momentum
In last week’s MEOG we covered the latest pro- gress update from Iraq’s state drilling firm. Iraqi Drilling Co. (IDC) announced that it has com- pleted the first well of a 20-well drilling cam- paign at the Nasiriyah oilfield in the southern Dhi Qar Governorate. IDC’s director-general Basem Abdul Karim said that the company’s technical and engineering staff had completed well 48 in collaboration with US services firm Weatherford on behalf of the Dhi Qar Oil Co. (DQOC), a subsidiary of the Iraqi National Oil Co. (INOC).
NorthAmOil: Keystone back online
While the proposal of a major new bill grabbed headlines last week, NorthAmOil also covered the resumption of operations at a major cross-border pipeline after almost a week of shutdown. The Keystone pipeline, which carries crude from Can- ada’s oil sands to the US, resumed normal service on July 23 following a reduction in capacity that had resulted from damage to a third-party electric substation.
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w w w . N E W S B A S E . c o m Week 31 05•August•2022