245 results found for 'News Fortress Energy'

245 results found for 'News Fortress Energy'
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  • Seven-year gas supply deal is a go as Puerto Rico backs it up

    5 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    U.S. energy infrastructure player New Fortress Energy (NFE) has received the go-ahead for its multi-year gas supply arrangement with the government of Puerto Rico, which will allow it to provide liquefied natural gas (LNG) to the Caribbean nation.

  • Round-up: New oil & gas discoveries take center stage as LNG momentum grows

    5 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Exploration & Production, Rules & Regulation, Transition

    As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping portfolios through joint ventures, divestments, and capex commitments.

  • UK’s marine energy roadmap effort enters second phase

    29 October 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Vision

    The Marine Energy Taskforce (MET), a 12-month initiative commissioned by the UK Department for Energy Security and Net Zero (DESNZ), has entered its second phase following a meeting in Cardiff. Launched in June by UK Energy Minister Michael Shanks, the MET is tasked with developing recommendations and a roadmap to unlock the UK’s tidal stream […]

  • Puerto Rico secures gas supply through multi-year LNG deal with US firm

    17 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    U.S. energy infrastructure player New Fortress Energy (NFE) has ironed out the terms of a long-term gas supply contract with the government of Puerto Rico, which will enable it to provide liquefied natural gas (LNG) to the Caribbean nation.

  • Hibiscus spuds one of only three UKCS wells scheduled in 2025 as sector faces ‘historic lows’

    19 September 2025
    Business Developments & Projects, Exploration & Production

    Malaysian independent oil and gas exploration and production company, Hibiscus Petroleum, has spudded a new well at a field in the Central North Sea (CNS) off the coast of the United Kingdom.

  • ABS, University of Michigan, SIT and Sea Forrest join forces on maritime electrification and battery safety

    11 September 2025
    Collaboration, Outlook & Strategy

    Representatives from US classification society ABS, University of Michigan, Singapore Institute of Technology (SIT) and Singapore-based propulsion solutions provider Sea Forrest Technologies have signed a memorandum of understanding (MoU) to explore batteries and electrification in maritime applications.

  • Egypt weeks away from upping its security of gas supply with another FSRU

    16 July 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    A floating storage and regasification unit (FSRU), owned by Energos Infrastructure, formed by a joint venture between the U.S. energy infrastructure player New Fortress Energy (NFE) and Apollo Global Management, has secured a multi-year deal for deployment at a liquefied natural gas (LNG) import terminal in Egypt.

  • FSRU construction progressing with hull launch at South Korean shipyard

    9 July 2025
    Business & Finance, Business Developments & Projects, Vessels

    A new construction milestone has been achieved for a newbuild floating storage regasification unit (FSRU), owned by the U.S.-based Excelerate Energy, a liquefied natural gas (LNG) giant with a full range of flexible regasification services, spanning from FSRUs to infrastructure development and LNG supply.

  • Egypt’s energy security gets a leg up with arrival of second FSRU

    26 May 2025
    Business Developments & Projects, Vessels

    Egypt has welcomed its second floating storage and regasification unit (FSRU), operated by U.S.-based energy infrastructure player New Fortress Energy.

  • UK launches taskforce to drive tidal and wave energy roadmap

    18 June 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Vision

    The UK has launched the Marine Energy Taskforce (MET), a new initiative aimed at developing a roadmap to realise the country’s marine energy potential. Supported by The Crown Estate and Crown Estate Scotland, the 12-month project will focus on accelerating wave and tidal stream energy deployment while maintaining high levels of UK supply chain content. […]

  • New Fortress Energy sells 20% stake in Energos Infrastructure

    16 February 2024
    Business & Finance, Business Developments & Projects

    U.S. energy major New Fortress Energy (NFE) has completed the sale of its 20% equity interest in Energos Infrastructure to funds managed by alternative asset manager Apollo Funds. NFE said the company intends to use net proceeds from this transaction for general corporate purposes, including repaying debt and investing in accretive downstream projects. To note, […]

  • US player’s FSRU gets multi-year gig in North America

    14 May 2025
    Business & Finance, Business Developments & Projects, Vessels

    Energos Infrastructure has landed a long-term deal for liquefied natural gas (LNG) services, which will enable its floating storage and regasification unit (FSRU) to work in the Dominican Republic, North America.

  • New Fortress Energy expanding LNG assets

    21 November 2018

    New York City-based New Fortress Energy is in full swing with the development of new natural gas liquefaction and LNG import facilities. 

  • New Fortress Energy secures funds for LNG infrastructure

    13 January 2020

    New York City-based New Fortress Energy secured an $800 million loan from funds and accounts managed by units of Apollo Global Management, to fund its LNG infrastructure.

  • New Fortress Energy publishes Q2 2023 results

    9 August 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Research & Development

    U.S. energy infrastructure company New Fortress Energy (NFE) has revealed its financial results and business achievements for the second quarter of 2023. The company reported adjusted EBITDA of $246 million in the second quarter of 2023 and $686 million in the first half of 2023, as well as net income of $120 million in the […]

  • Plans for New Fortress Energy Louisiana FLNG advance

    26 April 2022
    Business Developments & Projects, Infrastructure, Ports & Logistics, Project & Tenders, Vessels

    U.S. gas-to-power developer New Fortress Energy gas received affirmation on the completeness of its deepwater port license application for the new Louisiana FLNG terminal.

  • New Fortress Energy gets credit rating upgrade

    23 November 2021
    Business & Finance, Business Developments & Projects

    New York-based LNG infrastructure company New Fortress Energy (NFE) says that S&P Global Ratings (S&P) has upgraded its issuer credit rating from ‘B+’ to ‘BB-’/Stable Outlook.

  • New Fortress Energy terminates Centrica LNG deal

    7 July 2020
    Business Developments & Projects

    New York City-based New Fortress Energy has terminated its liquefied natural gas (LNG) supply agreement with Centrica LNG Company.

  • New Fortress Energy to build LNG terminal in Mexico

    22 August 2018

    New Fortress Energy has been awarded a long-term contract for the development, construction and operation of an LNG import terminal in the Port of Pichilingue, Baja California Sur, Mexico.

  • Golar acquires New Fortress Energy’s stake in FLNG Hilli

    15 March 2023
    Business & Finance, Business Developments & Projects

    Golar LNG, an owner and operator of marine LNG infrastructure, has closed the acquisition of New Fortress Energy’s (NFE) stake in FLNG Hilli – the 2.4 mtpa floating liquefaction facility. On 15 March, Golar confirmed that the agreement to acquire NFE’s interest in FLNG Hilli, effective 1 January 2023, has closed. To remind, the companies […]

  • New Fortress Energy completes Golar LNG units buy

    16 April 2021
    Business & Finance, Business Developments & Projects

    New Fortress Energy said it has completed the acquisition of Golar LNG’s units Hygo Energy Transition and Golar LNG Partners valued at $5.1 billion.

  • New Fortress Energy buying LNG power project in Brazil

    28 September 2017

    US-based New Fortress Energy has entered into a deal with Brazilian firm Bolognesi Energia to take control of the latter’s planned LNG terminal and thermal power plant project in the port of Rio Grande in southern Brazil. The project said to be worth about 3 billion reais ($939.5m) includes a greenfield LNG import terminal consisting of a floating […]

  • Shannon LNG picks New Fortress Energy for terminal development

    28 August 2018
    Project & Tenders

    Shannon LNG said it has entered into an agreement with New Fortress Energy to develop the proposed LNG terminal project on the Shannon Estuary in County Kerry, Ireland. 

  • JPS, New Fortress Energy finalize LNG supply deal

    10 August 2015
    Project & Tenders

    Jamaica’s energy company, JPS, said that it has signed an agreement with New Fortress Energy for the supply of gas to Jamaica, after receiving approvals from the Jamaican Government and the Office of Utilities Regulation.

  • US LNG player brings Jamaican assets into its fold

    15 May 2025
    Business & Finance, Business Developments & Projects

    Excelerate Energy, a U.S.-headquartered liquefied natural gas (LNG) firm, has enlarged its asset portfolio by wrapping up the acquisition of an integrated LNG and power platform in Jamaica, which were owned by a compatriot energy infrastructure player, New Fortress Energy (NFE).