Page 11 - GLNG Week 15 2021

GLNG NEWS IN BRIEF GLNG

AFRICA plant will be able to provide highly flexible, between Golar LNG (GLNG) and Stonepeak
fast-starting baseload power for balancing Infrastructure Fund II Cayman (G), a fund
Wärtsilä gas conversion the grid,” commented Marc Thiriet, Energy managed by Stonepeak Infrastructure
Partners, for 31,372,549 shares of NFE
Business Director, Africa West, Wärtsilä.
project will accelerate engines will be converted to six Wärtsilä 50DF and $580mn in cash. NFE simultaneously
The Bel-Air plant’s existing six Wärtsilä 46
announced the completion of the acquisition
Senegal’s move to cleaner dual-fuel engines. Wärtsilä’s current operation of all of the outstanding common units of
& maintenance agreement covering the
Golar LNG Partners (GMLP) for $3.55 per
energy production existing engines is being renegotiated in view common unit in cash.
“The addition of the Hygo team, together
of the conversion. Wärtsilä’s dual-fuel engine
The technology group Wärtsilä will convert technology allows the use of multiple fuels, with a great portfolio of world-class LNG
the close to 90 MW Bel-Air power plant in providing the option to operate on gas with ships and operators, enhances our efforts
Dakar, Senegal to operate on liquefied natural liquid fuels as back-up. to bring more clean and affordable energy
gas (LNG). The plant, which is owned by Besides the engine conversion, the project around the world,” said Wes Edens, Chairman
Senelec, Senegal’s public utility company, will cover all aspects to ensure successful and CEO of NFE. “With this acquisition, we
currently operates on heavy fuel oil. The operations on gas. Everything from safety to are now a leading gas and power provider
conversion will future-proof the facility as operational reliability are taken into account, in a large and fast-growing market and have
Senegal’s long-term strategy is to lower the with control functions, mechanical auxiliary become one of the world’s premier energy
carbon footprint of energy production by systems, as well as electrical and automation transition companies.”
switching to gas when a domestic supply is systems being changed or upgraded as NFE is now a leading international
available. This project is part of an interim required. As part of the engineering, gas-to-power company with an operational
LNG-to-Power ‘bridge’ solution, and is the procurement, and construction contract, floating storage and regasification unit (FSRU)
first ever power plant gas conversion in Wärtsilä will manage all phases of the project, terminal and a 50% interest in a 1500MW
Senegal. The order with Wärtsilä was booked which is expected to be completed before the power plant in Sergipe, Brazil, as well as three
in Q1 2021. end of 2021. other FSRU terminals with associated power
“Our two main aims were to improve the WÄRTSILÄ, April 12, 2021 opportunities that are advancing through
plant’s environmental profile and to lower development and construction.
the operating costs. By taking advantage Including the acquisition of GMLP, NFE
of Wärtsilä’s deep experience and strong AMERICAS has become more integrated by adding a
capabilities in power plant gas conversions, global shipping fleet of seven FSRUs and
we can achieve both of these goals. At the New Fortress Energy six LNG carriers as well as a 50% interest in
same time, we are preparing the plant for the Trains 1 and 2 of the Hilli Episeyo, a floating
country’s future gas supply infrastructure,” completes acquisition of liquefaction vessel.
said Papa Mademba Biteye, Managing The combined transactions are valued at
Director of Senelec. Hygo Energy Transition and a $5.1 billion enterprise value and a $2.43bn
“Future-proofing the customer’s assets to equity value.
meet the requirements over the lifecycle via a Golar LNG Partners NEW FORTRESS ENERGY, April 15, 2021
gas conversion is far more cost-effective than
building a new plant. It also facilitates the New Fortress Energy (NFE) today announced NextDecade and Mitsubishi
greater use of energy from renewable sources, the completion of its acquisition of Hygo
such as solar and wind, since the converted Energy Transition, a 50-50 joint venture Heavy Industries America
execute engineering

services agreement for
carbon capture at Rio

Grande LNG project in Texas

NextDecade and Mitsubishi Heavy Industries
America (MHIA), part of Mitsubishi Heavy
Industries (MHI) Group, have announced
today that they have signed an engineering
services agreement (ESA) for the design,
license, and performance guarantee of the
KM CDR ProcessTM, a post-combustion
carbon capture technology to be applied at
NextDecade’s Rio Grande LNG project in the
Port of Brownsville, Texas.
Last month, NextDecade announced its
wholly owned subsidiary, NEXT Carbon

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