FLEX LNGNYSE: FLNG

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce that its initial Fast LNG unit has completed its third cargo loading today. The cargo has been loaded onto the BW Pavilion and is setting sail for NFE's operation in Puerto Rico. The unit is producing at or above its nameplate capacity of 1.4 MTPA. “We are excited that we have achieved full nameplate performance and believe there is room for further production gains as we continue t.

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) today is pleased to provide an update on its initial Fast LNG asset located offshore Altamira, Mexico (“FLNG”). NFE's FLNG asset has achieved First Full Cargo & Sail Away, with its first full LNG cargo fully loaded onto the Energos Princess and setting sail for Europe. “This is a significant milestone for our Fast LNG installation. Natural gas and power supply are critical components of a sustainable,.

Golar LNG Limited (“Golar” or “the Company”) announces today that it has signed an Engineering, Procurement and Construction (“EPC”) agreement with CIMC Raffles (“CIMC”) for a MK II Floating LNG Production (“FLNG”) vessel with an annual liquefaction capacity of 3.5 million tons of LNG per annum (“MTPA”). Under the agreement with CIMC, Black & Veatch will provide its licensed PRICO® technology, perform detailed engineering and process design, specify and procure topside equipment and provide commissioning support for the FLNG topsides and liquefaction process, similar to Black & Veatch's role in the construction of Golar's existing assets, the FLNG Hilli and FLNG Gimi.

FLEX LNG Ltd. (NYSE:FLNG ) Q2 2024 Earnings Conference Call August 14, 2024 9:00 AM ET Company Participants Oystein Kalleklev - Chief Executive Officer Knut Traaholt - Chief Financial Officer Oystein Kalleklev Hi, everybody, and welcome to FLEX LNG's Second Quarter Result Presentation.

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FLEX LNG's (FLNG) operating costs are likely to have been high in Q2.

Golar LNG Ltd. (“Golar”), and bp, as Operator of the Greater Tortue-Ahmeyim LNG Project, have executed agreements to implement a commercial reset for FLNG Gimi. The commercial reset agreement simplifies contractual cash flows and settles previous disputes related to payment mechanisms for pre-commercial operations date (“Pre-COD”) contractual cash flows. Golar and bp have agreed an updated schedule of daily payments until the Commercial Operations Date (“COD”). The daily payments have step-up mechanisms based on project milestones up to COD and are secured by long stop dates. Golar will also be entitled to certain lump sum bonus payments subject to achievement of certain project milestones. These Pre-COD cash flows are expected to be deferred on the balance sheet and amortized over the 20-year contract term from COD.

FLEX LNG Ltd. (NYSE:FLNG ) Q1 2024 Earnings Conference Call May 23, 2024 9:00 AM ET Company Participants Oystein Kalleklev - Chief Executive Officer Knut Traaholt - Chief Financial Officer Oystein Kalleklev [Call Starts Abruptly] Management and I will be joined by my colleague, Knut Traaholt, our CFO, who will run you through the numbers a bit later in the presentation.

FLEX LNG: Confidence in Strong Demand for LNG Vessels