Hoegh LNG makes board changes

FSRU owner Hoegh LNG Holdings has welcomed Eric den Besten and Carlo Ravizza to its board of directors.

The two new directors were appointed during a shareholder meeting held on June 9, and are replacing Leif O. Hoegh and Martine Vice Holter, according to a statement by Hoegh LNG.

Leif O. Hoegh will continue as alternate director to the board.

The floating LNG firm said den Besten is the incoming CEO of Hoegh Capital Partners.

He was previously chief investment officer of SHL Capital, a single family office with controlling interests in Aston Martin Lagonda and the Aston Martin F1 team.

Moreover, Ravizza is an investment director at HCP and board member on various HCP’s portfolio companies with over 15 years experience in the principal investments and real assets space, Hoegh LNG said.

Prior to HCP, he advised large corporates on strategy, corporate finance, M&A and restructuring projects while at McKinsey, Bain, JPMorgan, AlixPartners, and Alvarez&Marsal.

“We welcome our two new directors and thank Martine Vice Holter for her service to the company” said Morten W. Hoegh, chairman of Hoegh LNG.

Hoegh LNG recently reported a record quarterly Ebitda, while the firm works to ensure its FSRU projects start operations as planned in Germany, France, and Brazil over the coming months.

The group’s fleet comprises ten FSRUs and three LNG carriers.

Most Popular

Nakilat says no one injured after LNG carrier attack

Qatari LNG shipping giant Nakilat said that no one was injured after its 266,000-cbm Q-Max LNG carrier Al Mayeda was hit by "unidentified objects" while transiting the Arabian Gulf on Friday evening.

ExxonMobil boosts Rovuma LNG stake

US energy giant ExxonMobil has increased its stake in the planned Rovuma LNG project in Mozambique through a deal with Italy's Eni, while the company still targets a final investment decision by the end of this year, according to ExxonMobil CEO Darren Woods.

TotalEnergies to buy operated interest in two Malaysian offshore gas fields

France's TotalEnergies has signed agreements with Petronas Carigali (PCSB), PTTEP, and KUFPEC to acquire a 30 percent operated interest in the Lang Lebah and B14 gas fields, located off the coast of Sarawak, Malaysia.

More News Like This

Hoegh Evi to develop Malaysian LNG terminal

Norwegian FSRU player Hoegh Evi has signed a deal with Sarawak’s state-owned oil and gas company Petros to jointly develop an FSRU-based LNG import terminal in Malaysia's Sarawak state.

Hoegh Evi wraps up $1.85 billion refinancing

Norwegian FSRU player Hoegh Evi has completed a $1.85 billion refinancing transaction to support the next phase of growth.

Indonesian FSRU wraps up 100th STS LNG transfer

Hoegh Evi’s Lampung FSRU, which serves Pertamina’s Perusahaan Gas Negara off the southeast coast of Sumatra in Indonesia, has completed its 100th ship-to-ship LNG transfer since it started operations in 2014.

VTTI, Hoegh Evi launch open season for Dutch LNG terminal

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, and Norwegian FSRU player Hoegh Evi launched an open season for regasification capacity for their planned FSRU-based facility in the Netherlands.