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NorthAmOil NEWS IN BRIEF NorthAmOil
Mr. McKinney, an industry veteran, began operational restructuring initiatives, including power generation market amidst the rapidly
his career in 1983 with Anadarko Petroleum. to ensure the fleet is in full compliance with changing energy landscape. As a leader in
Over a 23 year period with Anadarko, Mr. all operating regulations, and otherwise innovative infrastructure solutions, Black &
McKinney held various positions including emerge as a stronger enterprise positioned for Veatch announces it has joined the Center for
his last title as vice president of reservoir long-term success. As part of its operational Hydrogen Safety (CHS), a global nonprofit
engineering, Anadarko Canada. He also spent restructuring, the company will fill several key that supports and promotes the safe handling
six years with Apache, serving as manager, open executive management positions. The and use of hydrogen across industrial and
corporate reservoir engineering and region Company intends to pay employees, suppliers, consumer applications.
vice president, Gulf Coast Onshore, where he and other trade vendors in full in the ordinary Efforts to decarbonise the power sector
was responsible for the development and all course. while maintaining a reliable, balanced
operational aspects of the Gulf Coast region Bouchard has appointed Mark Berger generation mix remains a goal of the industry.
for Apache. Mr. McKinney’s most recent role of Portage Point Partners to serve as chief Initial hydrogen turbine projects in Europe
was president, CEO and director of SandRidge restructuring officer during the Chapter 11 have demonstrated the viability of the
Energy. He accepted the post in January process. technology, drawing acclaim for its promise to
2019 and continued there 11 months before Throughout this process, Bouchard provide reliable baseload power.
resigning in December 2019. aims to continue to serve its customers and “Hydrogen is a rising star in the changing
RING ENERGY, September 30, 2020 trade partners and ensure the safety of its energy landscape, particularly when it comes
employees and fleet operations. The company to pursuing robust decarbonisation through
Bouchard Transportation to will file customary first day motions that, renewables,” said Mario Azar, president
once approved by the Bankruptcy Court, will
of Black & Veatch’s power business. “Fully
restructure through Chapter allow the company to smoothly transition its integrating hydrogen into the energy mix will
business into Chapter 11.
be a complicated endeavour. This will require
11 proceeding BOUCHARD TRANSPORTATION, September 28, strong collaboration between engineering
leaders such as Black & Veatch, technology
2020
Bouchard Transportation (privately held), integrators, investors, activists and regulators,
the nation’s largest independently-owned along with the support of high-impact safety
ocean-going petroleum barge company, ENERGY TRANSITION organisations such as CHS.”
today announced that it and certain of its With help from advances in battery
subsidiaries have filed voluntary petitions to Black & Veatch Joins Center storage, hydrogen is widely expected to make
restructure under Chapter 11 of the United a star turn over the next decade, particularly
States Bankruptcy Code in the United States for Hydrogen Safety to help as “grey hydrogen” – derived from fossil fuels
Bankruptcy Court for the Southern District such as oil, natural gas and coal – slowly
of Texas. accelerate adoption of low- gives way to “green hydrogen” produced with
Bouchard intends to fund the Chapter 11 renewable energy.
process with debtor-in-possession financing, carbon energy source BLACK & VEATCH, September 30, 2020
which will provide the company with the
necessary liquidity to maintain normal Hydrogen applications are emerging as a low-
operations while it undertakes certain key carbon breakthrough that will transform the
P20 www. NEWSBASE .com Week 39 01•October•2020