Heavy lift shipping and offshore transportation and installation contractor Jumbo, and marine biofuel company GoodFuels, announced a joint initiative to test marine Bio-Fuel Oil on an offshore decommissioning project.
The partnership paves the way for a fossil fuel to renewable energy transition in the offshore support sector, by removing infrastructure for fossil fuel production, while at the same time accelerating the energy transition during that process.
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Following GoodFuels’ completion of two successful deliveries of sustainable ‘drop in’ Bio-Fuel Oil in the shipping sector, this offshore project, alongside Netherlands-based Jumbo, represents an opportunity for sustainable marine fuel, and GoodFuels’ Bio-Fuel Oil.
The project will see sustainable ‘drop-in’ Bio-Fuel Oil delivered to Jumbo’s offshore vessel, Fairplayer, ahead of its departure to the North Sea. The Bio-Fuel Oil will be supplied by GoodFuels’ logistics partner VARO Energy.
Dirk Kronemeijer, CEO and Founder at GoodFuels, mentioned:
We continue to fulfil our mission as accelerators of the energy transition: by now making strides in offshore market, as we have already achieved in the shipping industry
The Bio-Fuel Oil has been developed by GoodFuels, after undergoing three years of testing with marine engine manufacturers. The second-generation Bio-Fuel Oil is derived from forest residues and waste oil products, expected to deliver 80-90% well-to-propeller CO2 reduction versus fossil equivalents, and contains no sulphur oxide (SOx) emissions, without any requirement for engine modifications.