Despite challenges, the company is pressing forward with high-profile newbuilds including Eni’s Nguya vessel for Congo and ...

In its wide-ranging package of sanctions against Russia unveiled on Friday, the US Department of the Treasury’s Office of ...

From there, it will be transferred via pipeline to a floating liquefied natural gas (FLNG) vessel located 10 kilometres offshore, where it will be cryogenically cooled, liquefied and stored before ...

Floating liquid natural gas vessel (FLNG) – A FLNG is a type of vessel that is more gas-centric. It has all of the apparatus to enable offshore liquidification of natural gas into liquefied natural ...

The FLNG Hilli, which has been operating successfully in Cameroon since 2018, is set to relocate to Argentina after 2026 for a 20-year contract with Southern Energy, contingent upon regulatory ...

For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. Analysts use this formula to calculate it for ...

The company has acquired Seatrium’s and Black & Veatch’s minority stakes in the FLNG Hilli, including 5.45% common units, 10.9% Series A shares, and 10.9% Series B shares. The total ...

Golar LNG Ltd. has acquired Seatrium’s and Black & Veatch’s minority ownership interests in floating LNG (FLNG) Hilli for $90.2 million, Golar said Dec. 24. The transaction, which represents 8% of ...

The transaction is equivalent to ~8% of the full FLNG capacity. The total consideration for the acquisitions is $90.2 million, of which $59.9m is in equity and $30.3 million is a pro-rata share in the ...

Golar LNG has acquired additional stakes in FLNG Hilli, enhancing control over its operations and economics. The FLNG Hilli is set for a major relocation to Argentina post-2026, pending specific ...