Golar Lng

Golar LNG Limited designs, constructs, owns, and operates marine infrastructure for the liquefaction of natural gas, positioning itself as a provider of floating liquefied natural gas (FLNG) as a service to gas resource owners globally. The company converts existing LNG carriers into FLNG vessels or commissions newbuild FLNG units, deploying them under long-term charter agreements to monetize stranded, associated, flared, or otherwise underutilized gas reserves. As of mid-2026, the company operates two FLNG vessels: FLNG Hilli (offshore Cameroon, transitioning to Argentina) and FLNG Gimi (offshore Mauritania/Senegal under a 20-year lease with bp). A third unit, FLNG Esperanza, is under conversion at CIMC Raffles with an estimated budget of $2.2 billion for a 20-year deployment with Southern Energy S.A. (SESA) in Argentina targeting H2 2028, and a fourth 3.5 MTPA MKII-design FLNG unit has reached Final Investment Decision with CIMC Raffles at an estimated cost of $2.45 billion for delivery by end of 2029. The company maintains equity investments in downstream LNG infrastructure entities including a 10% stake in SESA and 10% in San Matias Pipeline S.A. in Argentina, and interests in Egyptian Company for Gas Services and Aqualung Carbon Capture AS. Perenco-affiliated Naria Inc. is the company's largest shareholder at 10.07%. Golar is incorporated in Bermuda and listed on Nasdaq under the ticker GLNG. Updated Aug 19, 2026