BV Pavilion sails to Puerto Rico with Fast LNG's third cargo. (Source: Business Wire)
New Fortress Energy’s Fast LNG unit has completed its third cargo load onto the BW Pavilion, which is headed to Puerto Rico, New Fortress said in an Oct. 25 press release.
The unit is producing at or above its nameplate capacity of 1.4 million tonnes per annum, New Fortress said.
In August, New Fortress shipped its first cargo from Fast LNG 1, an offshore project located in the Gulf of Mexico, to Mexico’s Pacific coast.
RELATED
Mexico’s Fast LNG Ships Out First Cargo—for Mexico
“Now that we have reached full production, our focus is on the continuous reliability and production of our installation,” said Barry Clayton, New Fortress’ senior vice president of Fast LNG operations, in the press release.
Recommended Reading
Shell Shakes Up Leadership with Upstream and Gas Director to Exit
2025-03-04 - Zoë Yujnovich, Shell’s Integrated Gas and Upstream director, will step down effective March 31.
Occidental Temporarily Reduces Warrants Price to Raise $1.6B
2025-03-03 - Occidental Petroleum’s offer to warrant-holders at a reduced exercise price of $21.30 would raise $1.6 billion, the company said.
Dividends Declared Week of Feb. 24
2025-03-02 - As 2024 year-end earnings wrap up, here is a compilation of dividends declared from select upstream and midstream companies.
Q&A: Patterson’s OFS Perspective on the Shale Boom, Pandemic and Current Upswing
2025-02-27 - Former Basic Energy Services CEO Roe Patterson details his perspective on the shale boom and the lessons learned to get back to the current upswing in the industry.
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.