(Source: Shutterstock.com)
New Fortress Energy achieved first LNG for its Fast LNG (FLNG) asset offshore Altamira, Mexico.
FLNG has a production capacity of 1.4 million tonnes per annum. Its design combines advancements in modular liquefaction technology with jackup rigs and similar offshore infrastructure, making it the fastest large-scale LNG project ever developed, according to the company.
FLNG completes New Fortress’ LNG portfolio and provide the company’s downstream terminal customers with low-cost, clean LNG. FLNG adds more than $2 billion of infrastructure to New Fortress’ asset base, according to the press release.
"We are immensely proud of the dedication and hard work by our team, who have completed more than 9 million work hours to bring this large-scale project to life at a record pace. In doing so, our downstream customers now benefit from additional access to clean and reliable LNG, enabling sustained growth well into the future,” New Fortress CFO Chris Guinta said.
Recommended Reading
US Oil, Gas Rig Count Falls to Lowest Since January
2025-05-09 - The oil and gas rig count fell by six to 578 in the week to May 9. Baker Hughes said this week's decline puts the total rig count down 25, or 4% below this time last year.
Drillers Cut Oil, Gas Rigs for 7th Week to Lowest Since 2021, Baker Hughes Says
2025-06-13 - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021.
US Oil, Gas Rig Count Falls for 4th Month to Oct 2021 Low
2025-06-27 - The oil and gas rig count fell by seven to 547 in the week to June 27. Baker Hughes said oil rigs fell by six to 432 this week, also their lowest since October 2021, while gas rigs decreased by two to 109.
US Drillers Cut Oil, Gas Rigs to Lowest Since November 2021
2025-05-30 - The oil and gas rig count fell by three to 563 in the week to May 30. Baker Hughes said this week's decline puts the total count down 37 rigs, or 6%, from this time last year.
US Drillers Add Oil, Gas Rigs for Second Week in a Row
2025-04-25 - The oil and gas rig count rose by two to 587 in the week to April 25. Despite this week's rig increase, Baker Hughes said the total count was still down 26, or 4% below this time last year.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.