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Golar LNG Ltd (GLNG.O)

GLNG.O on Nasdaq

23.70USD
17 Nov 2017
Change (% chg)

$0.74 (+3.22%)
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$22.96
Open
$23.00
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$23.75
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$23.00
Volume
1,148,394
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999,662
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$29.18
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$19.32

Latest Key Developments (Source: Significant Developments)

Golar LNG says Luxor Capital has 5.5 pct passive stake in co - SEC filing‍​
Friday, 6 Oct 2017 06:13am EDT 

Oct 6 (Reuters) - Golar LNG Ltd : :Luxor Capital Group LP reports 5.5 percent passive stake in Golar LNG Ltd as of September 25, 2017 - SEC filing‍​.  Full Article

Golar LNG has appointed Iain Ross to replace Oscar Spieler as CEO
Thursday, 21 Sep 2017 03:01am EDT 

Sept 21 (Reuters) - Golar Lng Ltd :Has appointed Iain Ross to replace Oscar Spieler as CEO.Oscar will remain with group, fulfil role of executive advisor & assist Ross until charterers Perenco and SNG accept FLNG Hilli Episeyo.  Full Article

Golar LNG Ltd says Fortuna FLNG offtake awarded to Gunvor
Monday, 21 Aug 2017 08:01am EDT 

Aug 21 (Reuters) - Golar Lng Ltd :Golar - ‍Ministry of Mines, hydrocarbons, ophir equatorial guinea, OneLNG SA, Gepetrol have nominated Gunvor as preferred LNG buyer for offtake from Fortuna FLNG project​.Golar - ‍Gunvor to take full contract capacity of Gandria FLNG vessel of 2.2 mmtpa, will be purchased on a brent-linked, fobbasis for 10 year term​.Golar LNG Ltd - ‍Final investment decision on Fortuna FLNG project is on track for 2017​.  Full Article

Golar LNG, Delfin Midstream to jointly develop Delfin LNG project in U.S. Gulf of Mexico
Wednesday, 21 Jun 2017 07:55am EDT 

June 21 (Reuters) - Golar Lng Ltd :Golar lng and delfin midstream sign agreement to jointly develop the delfin lng project in the us gulf of mexico.Golar lng ltd - joint development agreement will facilitate financing, marketing, construction, development and operation of delfin lng.Says it is expected that fid on delfin project will take place in 2018 with first lng to be delivered in 2021/22.Golar lng ltd - expects that fid on delfin project will take place in 2018 with first lng to be delivered in 2021/22.  Full Article

Golar LNG reports qtrly loss of $41.4 mln compared to a Q4 loss of $32.7 mln
Wednesday, 31 May 2017 07:58am EDT 

May 31 (Reuters) - Golar LNG Ltd :::Interim results for the period ended 31 march 2017.In quarter, reported a loss of $41.4 million compared to a 4q loss of $32.7 million.Golar LNG Ltd says despite showing some improvement over prior quarter, shipping market remained weak in 1q.Golar LNG Ltd says approximately 34 million tons of new lng is expected to come on line in 2017 representing 13% growth against 2016 global production.Golar LNG - total operating revenues (including revenue from collaborative arrangement) for jan-mar quarter $25.1 million versus $23.1 million for oct-dec 2016 quarter.  Full Article

Golar LNG Ltd Q4 2016 operating loss of $32.7 million
Tuesday, 28 Feb 2017 08:33am EST 

Golar LNG Ltd : Golar LNG limited preliminary fourth quarter and financial year 2016 results . Golar LNG Ltd says results of shipping business are expected to show some improvement in q1 2017 relative to q4 2016 . Golar LNG Ltd - reports a 4q 2016 operating loss of $32.7 million as compared to a 3q loss of $28.3 million . Golar LNG Ltd - "any major improvement in shipping rates should not however be expected before 2h 2017" . Golar LNG Ltd - Q4 total operating revenues $23.1 million versus $22.3 million in Q3 . Golar LNG Ltd - utilisation and voyage expenses during 4q remained relatively stable at 39% and $12.6 million respectively . Golar LNG Ltd - unrestricted cash position as at december 31, 2016 was $224.2 million .Golar LNG Ltd - "Golar Partners now has capital it needs to contemplate acquisition of a share of Flng Hilli Episeyo".  Full Article

Golar LNG announces proposed offering of $350 million of convertible senior notes due 2022
Monday, 13 Feb 2017 04:04pm EST 

Golar Lng Ltd : Golar lng limited announces proposed offering of $350 million of convertible senior notes due 2022 . Intends to offer $350 million aggregate principal amount of convertible senior notes due 2022 in a private placement . Golar lng - in connection with offering of notes, co also intends to enter into capped call transactions with one or more of initial purchasers of notes .Company intends to use a portion of net proceeds from sale of notes to fund cost of the initial capped call transactions.  Full Article

Morgan Stanley reports 5.8 pct passive stake in Golar Lng
Thursday, 10 Nov 2016 08:08pm EST 

Golar Lng Ltd :Morgan Stanley reports 5.8 percent passive stake in Golar Lng Ltd, as of October 31, 2016 - SEC filing.  Full Article

Morgan Stanley reports 5.8 pct passive stake in Golar Lng
Thursday, 10 Nov 2016 05:13pm EST 

Golar Lng Ltd :Morgan Stanley reports 5.8 percent passive stake in Golar Lng Ltd, as of October 31, 2016 - SEC filing.  Full Article

Ophir says Golar and Schlumberger's unit sign agreement to develop Fortuna project
Thursday, 10 Nov 2016 03:01am EST 

Ophir Energy Plc : Ophir - wholly owned subsidiary , OneLNG SM, A jv between subsidiaries of Golar and Schlumberger, have signed a binding agreement to develop Fortuna Project . Fid is now expected to take place in 1h 2017 with first gas anticipated in 1h 2020 . Initial offtake expected 2.2-2.5 mtpa for a duration of between 15 and 20 years which will monetise around 2.6 tcf of discovered resource .Expected total capital expenditure for integrated project is approximately $2 billion to reach first gas.  Full Article

Gunvor, Gas Natural Fenosa submit lowest bids in Pakistan LNG tender

LONDON, Oct 24 Commodities trader Gunvor and Spain's Gas Natural Fenosa put in the lowest bids in a tender to supply Pakistan with four liquefied natural gas (LNG) cargoes in January, a document posted on Pakistan LNG Ltd's website show.