Excelerate names new chief operating officer

US FSRU player Excelerate Energy has appointed David Liner as its new chief operating officer, succeeding current COO Calvin Bancroft.

Bancroft would resign from his position as executive VP and COO on December 31, 2022, according to a statement by Excelerate.

He would continue his employment with the company as a senior advisor reporting to CEO Steven Kobos through September 30, 2023, at which point he is expected to retire.

Consistent with the company’s succession plan, David Liner, who currently serves as VP of operations, would succeed Bancroft in the role of executive VP and COO as of January 1, 2023, the firm said.

Liner joined Excelerate in August of 2021 with over 25 years of maritime experience in the oil and gas industry.

As VP of operations, he has led the operations and maintenance team responsible for the company’s fleet of vessels and terminals.

Prior to joining Excelerate, he held a variety of roles with SeaRiver Maritime and ExxonMobil Development Company.

Also, he served as the chief officer of commercial and planning at Qatari LNG shipping giant Nakilat.

Excelerate recently ordered one 170,000-cbm FSRU in South Korea and will pay about $332 million for the unit.

With this newbuild order, Excelerate will have 11 FSRUs in operation or under construction.

Most Popular

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.

BP seals LNG SPA with Italy’s A2A

UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with Italian electricity and gas distributor A2A.

Shell ships first LNG Canada cargo

LNG giant Shell and its partners have shipped the first cargo produced at the LNG Canada facility in Kitimat, on the west coast of Canada.

More News Like This

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

Excelerate advances Vietnam LNG talks

US FSRU player Excelerate Energy is moving forward with its plans to supply Vietnam with liquefied natural gas (LNG) supplies from the US.

Avenir LNG seals charter deal with Excelerate

UK-based small-scale firm Avenir LNG has secured a multi-year extension for its 7,500-cbm vessel Avenir Accolade with US FSRU player Excelerate Energy.

Excelerate wraps up acquisition of NFE’s Jamaica business

US FSRU player Excelerate Energy has completed its previously announced acquisition of New Fortress Energy's business in Jamaica for $1.055 billion.