Shell begins divestment of Masela block

first_imgShell has received government permission to open geological data on the gas-rich Masela block in Maluku to potential buyers, marking its first step in divesting the asset.The company will divest the block over an estimated 18 months time while the block’s lead operator, Japan’s Inpex Corp, and the Upstream Oil and Gas Special Regulatory Taskforce (SKK Migas) would focus on developing the nationally-strategic Abadi gas project within the block, said an SKK Migas official.Read also: Shell plans to exit gas-rich Masela Block project“The aim is to have [Abadi] onstream by 2027 and we have agreed with operators to try and stick with this schedule,” SKK Migas head Dwi Soetjipto told lawmakers on Monday.He emphasized that Shell would continue developing the Abadi field despite having received permission from the Energy and Mineral Resources Ministry and the Investment Coordinating Board (BKPM) to begin divestment.Shell’s plan to exit the Masela block dealt a major blow to Indonesia’s energy ambitions as the block, which holds 10.7 trillion cubic feet of proven gas reserves, carries the biggest investment value among Indonesia’s four nationally-strategic oil and gas assets.The Masela block, which is 35 percent operated by Shell and 65 percent operated by Japan’s Inpex Corp, holds the Abadi project slated to produce 347 thousand barrels of oil equivalent (mboepd) per day, which is more than the other three assets, SKK Migas data show.The block’s Abadi project reached 2.2 percent completion as of June this year, below the targeted 10.5 percent, due to lockdown-related delays, according to the data.Read also: As Chevron exit looms, Indonesia eyes Italian Eni to take over IDD gas megaproject”[Shell] looked at the global portfolios under them and decided that investment in other countries was more profitable,” said Inpex Indonesia corporate service vice president Henry Banjarnahor, also on Monday.He said Inpex and SKK Migas were working to procure equipment, complete an environmental impact assessment, acquire land, secure gas buyers and map local weather patterns, among others activities, in the Abadi field.Shell Indonesia did not immediately respond for comment.Topics :last_img read more

No. 5 USC tops Wildcats and Sun Devils

first_imgAnother weekend turned in two dominant performances from the USC women’s volleyball team, which defeated Arizona and Arizona State at the Galen Center this weekend to boost the team’s record to 16-2.The No. 5 Women of Troy downed the Wildcats 3-0 Friday night before a 3-1 victory over the Sun Devils on Sunday afternoon. Freshman outside hitter Samantha Bricio continued her torrid pace this season, notching 22 kills Friday before setting a new season high with 24 against Arizona State.“We were really focused today,” junior libero Natalie Hagglund said. “We had a lot of confidence that we didn’t have in the Oregon match, and confidence is huge for our team.”The first set Sunday was tight for the Women of Troy, who were locked into a 6-6 tie before a tandem block by sophomore setter Hayley Crone and freshman middle blocker Alicia Ogoms broke the draw. Bricio stopped back-to-back Sun Devil rallies with kills to extend the lead to 12-7. Crone set up senior opposite hitter Katie Fuller for a kill after an exciting rally to stretch the margin to 14-8 putting a comeback out of reach for the Arizona State.A kill by junior outside hitter Sara Shaw put the Women of Troy up 22-13, after which a Fuller kill sealed the first set for USC 25-17. The defense was critical to the team’s success in the first set, holding the Sun Devils to only 10 kills on an attacking percentage of .093.“Our blockers were really doing their job today,” USC coach Mick Haley said. “They were funneling balls in to Natalie’s area, and she’s one of the best at digging balls out.”The second frame mirrored the first, this time with Arizona State taking a lead 6-5 on an apparent error by the referees before a Fuller kill knotted things up at 6-6. Shaw followed an Ogoms kill with a block to put the Women of Troy up 9-8, their first lead of the set. The set remained tightly contested but the Sun Devils improved their hitting, taking a 15-12 lead. A couple of errors drew the Women of Troy to within 22-20, but an Arizona State service ace gave the Sun Devils match point. The Women of Troy notched three consecutive points to narrow the gap, but the Sun Devils terminated the rally and took the second set 25-23. USC struggled with its hitting, attacking at a clip of .111 after a .275 mark in the first set.The third set featured a stronger attack from the Sun Devils, who took advantage of USC’s errors to record an early 9-7 lead. The Women of Troy rattled off three straight points, with an Ogoms kill and a Crone service ace pushing USC up 11-9. Back-to-back kills by Bricio and junior middle blocker Alexis Olgard extended the lead to 15-13. The Sun Devils chipped away at the lead and narrowed the gap to 21-18, but Shaw terminated the rally to seal the set for the Women of Troy.Shaw opened the fourth frame strong for the Women of Troy, notching a kill and a block to stake the Women of Troy to a 7-4 lead. The Women of Troy had a tough time putting the set away, though, as the Sun Devils closed the gap to 18-17. Shaw set up match point with a kill before an Arizona State attacking error sealed it for the Women of Troy.“We stayed patient in the third and fourth sets, and I think that’s what got us the wins,” Olgard said. “Patience and confidence really helped in getting us the win.”The win followed an impressive outing Friday, in which the Women of Troy handled the Wildcats 3-0 (25-17, 25-16, 25-21). Bricio was dominant for the Women of Troy, notching a then-season-high 22 kills to go along with a .475 attack clip.The win also marked number 300 for Haley’s USC career. The coach has now recorded 300 wins each for three schools. Looking forward, Haley stressed the need to remain confident.“It’s going to be the hardest trip, going to the Bay Area. Stanford is always very difficult to beat on their home court,” Haley said. “They’re starting a lot of freshmen too, so it’s going to be a good matchup for us to see how we do.”The Women of Troy will face off against the Cardinal on Wednesday night before a Friday night match against California.last_img read more

Like LeBron James, Bradley Beal strives for All-NBA status on a losing team

first_imgLOS ANGELES — For so long, Bradley Beal was a wingman. For the first time, the NBA is seeing him as something far more.Ahead of the Lakers’ home game against the Washington Wizards on Tuesday, Coach Luke Walton revealed the tentpole of his team’s game plan: Stop Beal.“Bradley Beal is a monster,” he said. “Our priority has gotta be containing him the best that we can. He’s scoring all over the place. He’s playmaking for them. So we got a game plan to make sure we don’t give him anything easy.”When John Wall was lost for the season, the Wizards slumped. It was hard to see what the team’s future was without their million-mile-per-hour point guard. But Beal, 25, has brightened the outlook for the franchise: He’s averaging career-bests in scoring (25.9), assists (5.6), and rebounds (5.2) while shooting at more crisp percentages from the floor than last season. Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers How athletes protesting the national anthem has evolved over 17 years AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersHis production is enough to put him in the discussion for a small club: an All-NBA player from a losing team. It’s the same club LeBron James will likely inhabit for the first time in his career this season, and one that Walton said Beal belongs in.“When you’re a scorer and a shooter like Beal is, sometimes if you take (a playmaker) away, teams can take you away,” Walton said. “You can focus on him, you can jump switch to deny him. But he’s able to handle the ball, play-make himself, still get to the rim, still get himself open and everything that they’re doing.”James is a 14-time All-NBA forward, and at his level of production (27.5 ppg, 8.6 rpg, 8.1 apg), he should receive the honor again. With Beal, the All-NBA designation might be a bit of a catch: He would be eligible for a supermax extension, and with Wall already being paid one, the Wizards might be hard-pressed to keep both on the books.But that’s a hypothetical problem for the Wizards. Coach Scott Brooks said it’s as simple as that Beal has qualified despite Washington’s record.“I think if you look at it, you see that he’s one of the best guards in the league,” he said. “He’s one of the best two-way players, he’s one of the best playmakers and one of the best rebounders at that position. When you’re one of the best at all those things, on both sides of the ball, it puts you in that category.” Lakers, Clippers schedules set for first round of NBA playoffs Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed center_img Newsroom GuidelinesNews TipsContact UsReport an Error Averaging 9.9 points and 5.8 rebounds, Bryant has carved out a starting role for most of the season in Washington after the Lakers cut him last summer. The roster decision at the time was made so they could keep Ivica Zubac, who has since been traded to the Clippers.Meanwhile, Bryant has looked solid as a sophomore for the Wizards, even spurring the team to try a “Most Improved Player” campaign on his behalf.“He plays with great energy all the time,” Brooks said. “He’s not perfect, but he gives you great effort and gives you that perfect effort every night.”Walton said studying Wizards film, he’s appreciated Bryant’s ability to roll to the rim and to set screens. It’s not that the Lakers didn’t see Bryant do those things in L.A., he’s just better at them now.“We knew he was a good young player,” Walton said. “That’s why we drafted him. But with the opportunity and experience, he’s continued to expand his game.” THOMAS BRYANT RETURNS TO L.A.It’s not the first time the Lakers have seen Thomas Bryant in the opposing starting lineup, but this time, it feels less like a stopgap.Related Articles Lakers practice early hoping to answer all questions last_img read more