Stabilis names new CEO

Houston-based small-scale LNG firm Stabilis Solutions said it has appointed Westervelt Ballard, Jr., as its next president and chief executive officer.

Ballard will replace James Reddinger, who has resigned from the company to pursue other opportunities, according to a statement by Stabilis. He will also join Stabilis’ board of directors.

Simultaneously, Stabilis’ founder and executive chairman, J. Casey Crenshaw, would relinquish his operational responsibilities and become the non-executive chairman of the board, the firm said.

Prior to joining Stabilis, Ballard served as executive vice president, chief financial officer and treasurer of Superior Energy Services, a provider of rental equipment, manufactured products, and engineered & specialized services to the global energy industry.

Stabilis has this year revealed two new LNG bunkering partnerships as it looks to develop fueling infrastructure in Texas ports. These include the Port of Galveston and the Port of Corpus Christi.

Also, the firm has earlier this year bought an LNG production facility in Port Allen, Louisiana from HR Nu Blu Energy.

- Advertisements -

Most Popular

Commissioning of India’s Chhara LNG terminal delayed

India’s Hindustan Petroleum, a unit of state-owned ONGC, has reportedly delayed the commissioning of its Chhara LNG import terminal...

MOL’s LNG carrier fleet to grow to 104 vessels by March 2025

Japan's shipping giant MOL expects its huge fleet of liquefied natural gas (LNG) carriers to increase to 104 vessels...

Venture Global: Plaquemines LNG to start production in mid-2024

US LNG exporter Venture Global LNG expects to start LNG production at its Plaquemines LNG export plant in Louisiana...

More News Like This

Stabilis secures extension of LNG supply deal

Houston-based small-scale LNG player Stabilis Solutions has extended its liquefied natural gas supply deal with an unidentified provider of...

Stabilis increases LNG deliveries to US space industry

Houston-based small-scale LNG firm Stabilis Solutions expects a significant demand rise for LNG fuel from the US commercial space...

Stabilis seals LNG bunkering deal with Carnival

Houston-based small-scale LNG player Stabilis Solutions has secured a multi-year contract from cruise operator Carnival to provide LNG fuel...

Stabilis secures US LNG export approval

Houston-based small-scale LNG player Stabilis Solutions said it has received authorization from the US Department of Energy to export...