US-listed New Fortress Energy expects to put its first jack-up rig-to-floating LNG (FLNG) production unit into operation at the end of 2022.

Speaking on a third-quarter results call, chief executive and chairman Wes Edens said the conversion — dubbed Fast FLNG — is on time and on budget, with mechanical completion expected in mid-2022, followed by three to four months of commissioning and deployment at the end of the year.