Page 12 - GLNG Week 19 2021

GLNG NEWS IN BRIEF GLNG

AMERICAS the Golar group, he was the chief executive industrial gases, electricity and LNG. The
officer of CELSE. Mr. Maranhao has vast pre-FEED report is a key milestone in
New management experience in international energy projects accelerating the project’s FEED study, which
is already partially completed, with increased
and infrastructure financing having worked
appointments in Golar LNG at different financial institutions including confidence.
G2 Net-Zero LNG, a venture of Chas
Lakeshore Partners, Santander, Credit
The board of Golar LNG is pleased to Agricole, Banco Votorantim and Citibank. Roemer Innovations, is a Louisiana-based
announce that they have appointed Mr. Karl Mr. Maranhao graduated in Business company building the world’s first liquefied
Fredrik Staubo as the new chief executive Administration from the Universidade natural gas export and industrial gas
officer of the company in their board meeting de Pernambuco and has completed a production complex promising net-zero
on May 13, 2021. Mr. Staubo has since May Management Programme from INSEAD in carbon emissions from upstream to dockside
2020 been the chief executive officer of Golar France. by as early as 2027. In advance of Net-Zero
LNG Partners, recently successfully sold to GOLAR LNG, May 13, 2021 LNG production, G2 will be profitably
New Fortress Energy. Since September 2020 producing and selling industrial gases,
Mr. Staubo has also been acting as chief G2 and NET Power including argon, nitrogen and oxygen, and
financial officer of Golar. Mr. Staubo has a capturing all CO2 emissions. “On a global
broad shipping/energy background from accelerate G2 Net-Zero basis, there is an increasing demand from
Clarksons Platou Securities (2010-18) and the energy markets for net-zero emissions
Magni Partners (2018-20). He has a MA LNG’s project development projects to be up and running sooner rather
(Business Studies and Economics) from the than later. By employing NET Power’s Allam-
University of Edinburgh. NET Power and G2 Net-Zero LNG executed Fetvedt Cycle, G2 is building new with the
The board has in the same meeting also a new letter of intent following the release of latest technology rather than having to bear
appointed Mr. Eduardo Maranhao to take a pre-FEED (Front End Engineering Design) the burden of expensive outdated technology
over Mr. Staubo’s role as chief financial officer report last week. G2’s Net-Zero LNG export and infrastructure,” said Chas Roemer,
of Golar. Mr. Maranhao has since 2015 been facility will be the first to integrate NET Chairman of G2 Net-Zero LNG. “We can
supporting Golar in different functions Power’s Allam-Fetvedt Cycle technology move more quickly than others and will be the
including as chief financial officer of Golar which removes all CO2 emissions from the cleanest and most profitable LNG project in
Power/Hygo Energy Transition until its recent natural gas liquefaction process to achieve the world in the next 5-6 years.”
sale to New Fortress Energy. Prior to joining a unique carbon net-zero energy mix of NET Power’s Allam-Fetvedt Cycle is hailed
as a “game-changer” for the LNG industry,
and converts natural gas into zero-emissions,
cost-competitive power.
Ron DeGregorio, CEO and Board Member
of NET Power, said, “NET Power will play a
key role in the decarbonization of the LNG
industry. We are excited to support G2 Net-
Zero LNG’s utilization of our technology in
this ambitious and important project.”
“I’ve appreciated working closely with
NET Power leadership over the past year and
seeing the fruits of our labor come to life as
we move even more rapidly into the execution
stage,” said Angele Davis, G2 Net-Zero LNG
CEO. “We’re all excited about being the first
to get this essential technology applied to our
LNG liquefaction project, and then getting
our product into the market to realise the Net-
Zero LNG vision.”
NET POWER AND G2 NET-ZERO LNG, May 06,
2021
NV5 awarded $7mn LNG

loading system contract by

Southeast utility

NV5 Global, a provider of compliance,
technology, and engineering solutions,
announced today that it has been awarded
a $7mn liquefied natural gas (LNG) loading
system project by a major Southeast utility.

P12 www. NEWSBASE .com Week 19 14•May•2021