North Star to Deliver Hybrid-Electric SOV for German Offshore Wind Farm
North Star has secured a contract with energy utility giant EnBW to deliver a new hybrid-electric service operations vessel (SOV) on a decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany.The agreement marks the company’s first offshore wind move outside the UK market, a milestone mark in its ambitious European growth strategy to add 40 new SOVs to its fleet by 2040.The newbuild is of VARD 407 design which has been tailored to meet EnBW’s specific…
GAC Bunker Fuels Opens New US Office
GAC Bunker Fuels has opened a new office in Westport, Conn. to help global customers decarbonize in American ports and beyond.The office will be manned by liquefied natural gas (LNG), biofuel, low sulfur fuel oil (LSFO) and marine gasoil (MGO) experts Maurice Lara and John Lindquist, and will be carbon neutral.Beyond aligning with the United Nation’s Sustainable Development Goals, GAC Bunker Fuels has pledged zero oil-based bunker sales by January 1, 2030. On 1 September 2020…
Golar LNG Appoints New CFO
Golar LNG said on Tuesday it has appointed Callum Mitchell-Thomson as its new Chief Financial Officer, effective April 20.In October 2019, Golar LNG announced its current CFO, Graham Robjohns, would step down. Robjohns will remain in his current position until April 20, 2020 and will leave Golar on April 30, 2020.Robjohns' successor, Mitchell-Thomson, has 21 years of experience advising energy, utility and infrastructure companies on M&A and capital markets transactions while working for JP Morgan.
EDF Buys Stake in Irish Offshore Project
French electricity giant Électricité de France (EDF) is moving into the Irish energy market.EDF Renewables, a subsidiary of the French energy utility, has acquired a 50% stake in the Codling offshore wind project from Hazel Shore, a company linked to the property developer, Johnny Ronan.EDF Renewables will develop and build the project alongside Fred Olsen Renewables, which owns the other 50% stake in 1100MW Codling Wind ParkIt is the first investment by the international energy player in the Republic.The Codling project is located south of Dublin, 13 km off the coast of County Wicklow thus benefiting from the favorable conditions for offshore wind off the east coast of Ireland. The initial development work started in 2003.
SEA\LNG Expands Membership in U.S.
Houston-based Stabilis Energy has joined SEA\LNG, the multi-sector industry coalition which is seeking to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel.Commenting on the development, Peter Keller, Chairman, SEA\LNG, said: "Welcoming Stabilis Energy as a new member demonstrates SEA\LNG’s continued commitment within the ever expanding North American LNG market. LNG is growing in importance in both the energy and marine bunkering markets. Stabilis operates at the forefront of this expansion.”Stabilis Energy provides small-scale LNG production, distribution and fuelling services to multiple end markets in North America.
RJE to Build GE Gas Turbine Modules for Australian Navy Frigates
GE’s Marine Solutions signed a Memorandum of Understanding (MOU) with RJE Global, Morphettville, South Australia, whereby RJE will assemble GE LM2500 gas turbine modules and manufacture a number of components for this engine in support of the Royal Australian Navy’s new SEA 5000 frigate program. The MOU was signed by both companies recently at RJE’s facility in Adelaide. The nine-ship SEA 5000 Future Frigate Program will replace the aging Anzac class frigates. GE’s LM2500 gas turbines are operational on two of the short-listed qualified ship designs -- Fincantieri’s FREMM and Navantia’s F100.
DONG Hires Maersk Giant
Maersk Drilling has been awarded a new contract for the jack-up rig Mærsk Giant with Danish energy utility DONG Energy. The firm contract covers 150 days of work on the Nini and Siri field in the Danish part of the North Sea. The estimated contract value is USD 16m. The contract is in direct continuation of the current contract with Talisman keeping Maersk Giant employed until March 2016. “We are very pleased to continue our good corporation with DONG Energy, one of our key customers in the North Sea,” says Claus V. “In order to navigate the low visibility in the current market, it is essential that we reduce our exposure by securing a solid contract backlog. The Mærsk Giant is one of the ultra harsh environment jack-ups in Maersk Drilling’s fleet.
