Golar LNG Ltd - Company Profile

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Golar LNG Ltd: Segment Analysis

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Business Description

Golar LNG Limited (Golar LNG) is a midstream LNG company operating primarily in the transportation and regasification of LNG and the liquefaction of natural gas. It owns and operates LNG carriers and Floating storage and regasification units (FSRUs) and develops Floating liquefaction vessels (FLNGVs). Through a joint venture with Stonepeak, the company invests in downstream power projects. The company operates through three reportable business segments: Shipping, FLNG, and Corporate and other.

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Business Segments

Overview

Offers management, administrative and ship operation, and maintenance services. It has offices in Bermuda, London and Oslo which provides FLNG commercial, operational, and technical support, crew management services and supervision, corporate secretarial, accounting and treasury services.

Performance

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Overview

Converts LNG carriers to FLNG through engineering, procurement and construction (EPC) agreements with Keppel Shipyard Limited (Keppel) and Black & Veatch.

Performance

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Overview

Operates and comprises nine LNG carriers and one FSRU Own FSRU (Floating Storage Regasification Unit), the Golar Tundra which is trading as an LNG carrier. Provides LNG shipping, storage, and re-gasification services to customers in the LNG industry including Petrobras, Shell, Perenco, Kuwait National Petroleum Company, and BG Group plc.

Performance

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