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Golar LNG’s Gimi MS Corporation has inked a 20-year lease and operate agreement (LOA) with BP for the charter of FLNG Gimi, for which Keppel Corp has agreed to subscribe to a 30% stake.

Golar LNG is to carry out another Floating LNG (FLNG) conversion at Keppel Shipyard for BP in West Africa.

Stolt-Nielsen, Golar LNG and Höegh LNG are investing $182m in Avenir LNG to develop small-scale LNG distribution and LNG bunkering.

The world’s first converted FLNG built by Singapore’s Keppel Shipyard for Golar LNG has departed the yard on Sunday, moving to a deepwater anchorage before sailing to West Africa for its first project.

Cosco Shipping Development Co’s (CSDC) vessel owning subsidiary Oriental Fleet LNG 01 Limited has secured $112m of loans from Bank of Communications Hong Kong Branch (BoCom HK).

Cosco Shipping Development Co, has sealed a sale and leaseback deal with a unit of global LNG shipping player Golar LNG (GLNG) to purchase the 160,000 c um 2014-built LNG carrier Golar Crystal with an eventual repurchase option.

The currently depressed liquefied natural gas market continues to impact Golar LNG, with low prices having put many liquefaction projects on hold, leading to a build-up in oversupply of LNG vessels.

Golar LNG has won a contract to provide a FSRU for a jv company West African Gas Limited (WAGL) in Ghana.

The employment of Golar LNG’s first FLNG conversion has moved a major step closer with the final investment decision for the Cameroon project.

Golar LNG has swung back to the black in the first half ended 30 June 2015 despite a loss in the second quarter, aided by higher revenue and the first quarter gain on disposals.

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