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Danish Maersk sells jack-ups to New Fortress Energy May 17, 2021 4:02:pm Summary by: Dale Lunan Posted in: Danish Maersk sells jack-ups to New Fortress Energy Danish drilling contractor Maersk Drilling said May 17 it had reached agreements to sell a pair of mothballed jack-up drilling rigs to New Fortress Energy (NFE), which will use them to support its Fast LNG project. Maersk said it had already sold the Maersk Guardian rig (since renamed Guardian) and has reached an agreement to sell the Maersk Gallant, with anticipated closing in June 2021. Together, the total sales price for the two rigs was $31mn, Maersk said. ....
Advertisement New Fortress Energy Inc. (NFE) has announced today that it has signed a gas supply agreement (GSA) with CFEnergia SA de CV, a subsidiary of Mexico’s Federal Electricity Commission (CFE). Under the agreement, NFE will provide the equivalent of an estimated 250 000 - 500 000 gal. of LNG (20 000 - 40 000 million Btu) per day to CFE’s CTG La Paz and CTG Baja California Sur power plants in Baja California Sur, Mexico. “We are pleased to support CFE’s transition to cleaner, more affordable and reliable energy,” said Wes Edens, Chairman and CEO of New Fortress Energy. “This contract will help create significant fuel savings and emissions reductions for the benefit of the people of Baja California Sur.” ....
(MENAFN - Gulf Times) Qatar Petroleum (QP) s recent investment decision on the $28.75bn North Field East Project (NFE) will further consolidate Qatar s position as the top liquefied natural gas producer and exporter in the world. NFE is one of the global energy industry s largest investments in the past few years, in addition, to being the largest LNG capacity addition ever, and the most competitive LNG project in the world. The project will raise Qatar s LNG production capacity from 77mn tons per year (mmtpy) to 110 mmtpy by 2025. In addition to LNG, the project will produce condensate, LPG, ethane, sulphur and helium. ....