Page 22 - EurOil Week 01 2021

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Bulgatian oil product Roosevelt will be the world’s longest fast most recently as the Head of Safety and
Baleària further claims the Eleanor
Security and before this as the SVP Project
demand falls in Oct ferry. It boasts a length of 123 metres and a Development.
28-metre width. It has the capacity for 1,200
Speaking of the new appointment,
Bulgaria’s output of oil products declined to passengers and 500 metres of lines for trucks Philip Hemmens, Chairman of Var Energi
396,000 tonnes in October, compared with and 250 cars. said: “I am delighted that Torger has
632,000 tonnes in the same month of last year, The four dual-fuel engines have been agreed to be our new CEO: he has the
the National Statistical Institute (NSI) said on supplied by Wärtsilä, with a power of 8,800 energy, leadership skills and experience
December 30. kW each. to ensure that Vår Energi reaches its
Deliveries of oil products edged up to The two LNG tanks allow the vessel to objectives in the current challenging
373,000 tonnes in the month under review, travel 400 nautical miles without refueling. environment. I would like to thank Kristin
from 372,000 tonnes a year earlier. The reach is increased to 1,900 nautical miles Kragseth for her invaluable contribution
in dual-fuel (LNG/diesel) mode. in establishing Vår Energi on the NCS and
To remind, the fast-ferry project kicked I wish her every success in her new role in
Lundin secures drilling off in December 2018 at the Armon shipyard Petoro”.
in Gijon. The engineering support was
Rod commented: “I am looking forward
permit in Norway provided by Cotenaval Valencia. to taking on the role as CEO of one of the
most exciting oil and gas companies in
The Australian company Incat Crowther
Swedish oil company Lundin Energy has been was in charge of the design while the engines, Norway, with ambitious growth targets and
given a drilling permit to drill the 16/4-13 S propulsion system and fuel gas system have operations across all parts of the NCS”.
well in the North Sea, offshore Norway. been manufactured by Wartsila. The company added that Rod’s start
Under the permit, given to Lundin by the Canal tests have been completed by date will be announced in the near future..
Norwegian Petroleum Directorate (NPD), the Norwegian company Marintek-Sintef
the well will be drilled in production license with Bureau Veritas being the classification
359 using Seadrill’s West Bollsta offshore society. NET4GAS begins operating
drilling rig. Balearia further noted that Eleanor
Drilling will begin after the rig concludes Roosevelt will be the flagship of its gas fleet new Czech gas pipeline
drilling of wildcat well 7219/11-1 for Lundin strategy. In 2021, the company’s LNG-fueled
in production licence 533 B. fleet will reach nine vessels. It currently NET4GAS, the Czech gas transmission
Lundin is the operator of the license has six such vessels on the water while it is company, has started operating its new gas
with an ownership interest of 65% and carrying out the retrofit of one more ferry. pipeline in the Usti Nad Labem and Plzen
other licensees are OMV with a 20% and The shipping company has invested a total regions. The new pipeline was built within its
Wintershall Dea with a 15% interest. of €380mn ($466mn) in its LNG-fueled fleet Capacity4Gas project, which strengthens the
The area in this licence consists of the as it pushes to reduce emissions and noise connection of Czechia and the wider CEE
north-eastern part of block 16/4. The well pollution from its operations. region with Western European gas markets,
will be drilled about six kilometres northwest according to the company´s press release
of the discovery well 16/4-6 S on the Solveig published on January 4.
field. Var Energi hires former The new gas pipeline provides access to
Production licence 359 was awarded on diversified gas supplies at competitive prices,
(6 January 2006, APA 2005). This is the sixth Equinor exec as CEO including access to the planned liquefied
exploration well to be drilled in the licence. natural gas (LNG) terminals in Germany.
Oil and gas company Var Energi has According to the company, the
appointed Torger Rod as the company’s implementation of the project also increases
Balearia’s LNG ferry set for new CEO following the departure of Kristin the strategic role of Czechia in the field of
Kragseth to lead the Norwegian state-owned
international gas transit, also with regard to
sea trials Petoro. the possible future transport of renewable
Var Energi said on January 5 that Rod
gases, including hydrogen.
Spanish ferry operator Balearia said its LNG- will replace Kristin Kragseth who has “With capital expenditures exceeding
fueled fast-ferry Eleanor Roosevelt is set to accepted the position as CEO of Petoro, the €540mn as of December 31, 2020, the
carry out sea trials over the coming weeks. management company for the Norwegian Capacity4Gas project is the largest stand-
The company noted that the vessel will be state-owned oil and gas interests. alone investment project in our company’s
incorporated into its fleet in March this year. Kragseth had been the CEO of Var history,” said NET4GAS CEO Andreas Rau,
Armon shipyard in Gijon has completed Energi since its establishment in 2018 the company quoted.
the outfitting of the ferry and carried out through the merger between Eni Norge NET4GAS is owned by a consortium
tests on the vehicle and cargo access ramp. and Point Resources. of Allianz Capital Partners and Borealis
The work continues on fitting out the lounges She will accede her new position once Infrastructure.
for the passengers as well as the electronics her replacement is in place.
installation on the command bridge. Rod has spent the last 22 years
The operator has put a €90mn ($106mn) working with Equinor (formerly Statoil)
price tag on the vessel’s construction. both in Norway and internationally,

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