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Golar LNG picks new CEO

Golar LNG picks new CEO
May 14, 2021 7:19:am
Summary
by: Joseph Murphy
Posted in:
Golar LNG picks new CEO
Bermuda-headquartered LNG vessel operator Golar LNG said on May 13 its board had appointed Karl Fredrik Staubo as its CEO, following the abrupt departure of his predecessor Iain Ross in April.
Staubo has been CEO since May last year of Golar LNG Partners, a subsidiary that was sold to US-based New Fortress Energy in April. He has also worked as CFO of the parent company. Golar LNG s board has picked Eduardo Maranhao to replace Staubo as CFO.
We are convinced that the company has a strong management team ready to stream-line Golar’s existing operations and also explore the opportunities we see in the LNG market today, Golar chairman Tor Olav Troim said in a statement. Through the company’s strong strategic positions through the LNG value chain, including upstream, midstream, and downstream, Golar is well positioned to take an active part ....

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New Fortress dives into Brazil [NGW Magazine]

New Fortress dives into Brazil [NGW Magazine]
Feb 8, 2021 3:10:pm
Summary
With market liberatisation on the way, Brazil represents a good growth opportunity for gas-to-power projects, supported by floating storage and regasification vessels. [NGW Magazine Volume 6, Issue 3]
by: Brunno Braga
To take advantage of the promising LNG market in Brazil, the US-based energy company New Fortress Energy (NFE) has made a big move into Latin America s largest oil and gas producing country: Brazil.
The company, with worldwide energy infrastructure operations, bought Hygo Energy Transition in a $5bn deal announced mid-January.
Hygo is a joint-venture between Golar LNG and Stonepeak Infrastructure Partners. With the purchase, NFE will acquire an operating floating storage and regasification unit (FSRU) terminal and a 50% interest in a 1.5-GW power plant in Sergipe as well as two other FSRU terminals with 1.2 GW of power in advanced sta ....

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