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Golar LNG Ltd (GLNG.OQ)

GLNG.OQ on NASDAQ Stock Exchange Global Select Market

28.60USD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Golar LNG Enters Into A Preliminary Agreement And Exchanges Heads Of Terms For An FLNG Vessel
Thursday, 19 Apr 2018 

April 19 (Reuters) - Golar LNG Ltd ::GOLAR LNG ENTERS INTO A PRELIMINARY AGREEMENT AND EXCHANGES HEADS OF TERMS FOR AN FLNG VESSEL FOR PHASE 1A OF THE GREATER TORTUE / AHMEYIM PROJECT, WEST AFRICA.GOLAR LNG - PRELIMINARY AGREEMENT CREATES OBLIGATIONS ON CO TO PROGRESS FEED WORK, BE READY FOR VESSEL CONVERSION FROM JULY 1 ONWARDS.GOLAR LNG - PRELIMINARY AGREEMENT ALSO INCLUDES AN OPTION, BUT NOT AN OBLIGATION, FOR BP ON A SECOND FLNG VESSEL.GOLAR LNG LTD - IN EVENT THAT FID IS NOT TAKEN CUSTOMARY TERMINATION FEES APPLY.GOLAR LNG - PRELIMINARY AGREEMENT, EXCHANGED HOT FOR CHARTER AGREEMENT WITH BP MAURITANIA INVESTMENTS, BP SENEGAL INVESTMENTS.  Full Article

Golar LNG Reports Q3 Net Loss Of $43.9 Mln
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Golar Lng Ltd ::INTERIM RESULTS FOR THE PERIOD ENDED 30 SEPTEMBER 2017.GOLAR LNG LTD SAYS TOTAL OPERATING REVENUES IN JUL-SEPT QUARTER $32.4 MILLION VERSUS $28.4 MILLION IN APR-JUN QUARTER.GOLAR LNG LTD - ‍GOLAR REPORTS TODAY 3Q 2017 OPERATING LOSS OF $22.9 MILLION AS COMPARED TO 2Q 2017 LOSS OF $24.0 MILLION​.GOLAR LNG LTD - QTRLY NET LOSS OF $43.9 MILLION VERSUS $73.8 MILLION IN APR-JUN QUARTER.  Full Article

Golar LNG Ltd announces pricing of $350 mln of 2.75% convertible senior notes due 2022
Tuesday, 14 Feb 2017 

Golar LNG Ltd : Golar LNG Limited announces pricing of $350 million of 2.75% convertible senior notes due 2022 .Golar LNG Ltd - will use approximately $27.1 million of net proceeds from sale of notes to fund cost of initial capped call transactions.  Full Article

Schlumberger and Golar LNG form joint venture
Monday, 25 Jul 2016 

: Golar LNG and Schlumberger form OneLNG joint venture . Joint venture is created to rapidly develop low cost gas reserves to LNG . "The combination of Schlumberger reservoir knowledge, wellbore technologies and production management capabilities, with Golar's low cost FLNG (Floating LNG) solution, will offer gas resource owners a faster and lower cost development thereby increasing the net present value of the resources" . Golar and Schlumberger have 51/49 ownership of the joint venture . Golar and Schlumberger have agreed an initial investment commitment to cover the estimated equity needed to develop the first project . After reviewing the current market opportunities where 40% of the world's gas reserves can be classified as stranded, both parties are excited at the future prospects of OneLNG and are confident that it would conclude 5 projects within the next 5 years (Reporting By Oslo Newsroom) ((stine.jacobsen@thomsonreuters.com;)).  Full Article

Golar says OneLNG targets development of low cost gas reserves to LNG
Monday, 25 Jul 2016 

Golar Lng Ltd : Golar and Schlumberger have 51/49 ownership of joint venture. . Co, Schlumberger will on a project-by-project basis discuss additional debt capital as required . Golar and Schlumberger form OneLNG joint venture: OneLNG targets development of low cost gas reserves to LNG . Golar and Schlumberger have agreed an initial investment commitment to cover estimated equity needed to develop first project .Future financing to take into account Golar's flng intellectual property through equitable contribution mechanism to be agreed between parties.  Full Article

Golar's Cameroon FLNG project starts commercial operations

LONDON Golar LNG said it had started commercial operations at a pioneering floating liquefied natural gas (FLNG) production platform in Cameroon, $70 million under budget.