Latest Golar Spirit Stories

2008-08-14 03:00:42

Highlights * Golar reports operating income of $7.3 million and net income of $11.7 million, including a gain of $17.8 million on interest rate swap valuations * Difficult quarter for ships trading in spot/short term market, some signs of improvement are now appearing * Golar Spirit conversion to a FSRU completed and vessel delivered to Petrobras * Golar Frost sale to OLT Offshore finalised and vessel chartered back on a bareboat basis until June 2009 * Golar acquires Hoegh...

2008-08-07 12:01:19

FMC Technologies, a provider of technology solutions for the energy industry, has received an order from Samsung Heavy Industries, to supply its customer, Flex LNG, with four liquid natural gas offloading systems. The order also includes an option for a fifth offloading system. Each system includes three 16-inch offshore liquid natural gas (LNG) offloading arms, equipped with FMC's proprietary enhanced-connection targeting system as well as a control system. All the equipment will be...

2008-07-15 06:00:51

Golar LNG ("Golar") is pleased to announce that it has agreed to partner with Bluewater Energy Services B.V ("Bluewater") for the purposes of bidding for an offshore LNG FSRU opportunity with South Africa's national oil company, PetroSA. Golar and Bluewater will be equal partners in a joint venture formed specifically for this opportunity. Additionally, and in conjunction with this bid, Golar and Bluewater have agreed to acquire the 1977 built Moss type 126,000 m3 LNG Carrier, Hoegh Gandria....

2008-04-21 03:00:33

Golar LNG is pleased to announce the execution of a long term Floating Storage and Regasification (FSRU) time charter with Dubai Supply Authority (DUSUP), the exclusive purchaser of natural gas in Dubai. The Golar Freeze will be converted to an FSRU, with delivery scheduled for 2Q10. The contract duration is for a period of 10 years with options to extend for up to a further five years. The estimated contract value (excluding the option period(s) is approximately US $450 million. The...

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