Golar LNG Energy Ltd (United Kingdom)

The Company is to provide market leading FLNG operations and focus our balance sheet flexibility to maximize shareholder returns through attractive FLNG projects. The Company offer gas resource holders a proven, quick and low-cost delivering solution to monetize stranded gas reserves. Our industry leading FLNG operational track record and offering allow gas resource holders, developers and customers a low-cost, low-risk, quick-delivering solution for natural gas liquefaction.
The Company s operations have evolved from LNG shipping, floating regasification and combined cycle gas fired power plant to focus on floating liquefaction operations. The Company s design, convert, own and operate marine infrastructure for the liquefaction of natural gas and the regasification, storage and offloading of LNG.
The Company have four distinct services and operate in four reportable segments: Shipping; FLNG; Power and Corporate and other.
1946: The Company s business was originally founded in 1946 as Gotaas-Larsen Shipping Corporation.
1970: Gotaas-Larsen entered the LNG shipping business in 1970.
1997: in 1997 was acquired by Osprey Maritime Limited, or Osprey, then a Singapore listed publicly traded company.
2001: The Company was founded in 2001, its principal executive headquarters at Par-la-Ville Place, 14 Par-la-Ville Road, Hamilton, Bermuda. The Company s common shares have traded on the Oslo Stock Exchange, or OSE since July 12, 2001 under the symbol GOL and
2002: on the Nasdaq Global Select Market since December 12, 2002 under the symbol GLNG .
2007: In April 2007, The Company was awarded its first firm FSRU employment through the award of two long term leases by Petrobras to employ Golar Winter and Golar Spirit as FSRUs. The Company currently has three operational FSRUs and one undergoing conversion and are actively pursuing further growth as a midstream LNG company.
2009: As of December 31, 2009, it owned 73.8 of Golar Energy. Golar Energy specializes in the acquisition, ownership, operation and chartering of FSRUs and the development of liquefaction projects.
2010: As of March 31, 2010, Golar had a fleet of 13 vessels, 10 LNG carriers, three FSRUs and a 50 interest in a further LNG carrier. On June 22, 2009, the Company formed a wholly owned subsidiary, Golar LNG Energy Limited (Golar Energy).
2011: In 2011, the Company made the following acquisitions: Golar LNG Energy Limited (July), a floating storage and regasification unit Golar Freeze (October).
2012: The Company delisted from the Oslo Stock Exchange on August 30, 2012.
On January 23, 2012, the Company acquired a Moss type carrier, namely LNG Carrier Gandria. On July 19, 2012, it sold its interest in the companies owning and operating the Nusantara Tegas Satu FSRU.
2015: In April 2015, it acquired the LNG carrier, the LNG Abuja for a purchase consideration of 20.0 million. In July 2015, it sold her to a third party for 19.0 million. Accordingly, as of the reporting period ended June 30, 2015, the vessel was classified as held-for-sale, and thus it recognized an impairment loss of 1.0 million against this vessel during 2015.
2021: On April 15, 2021, the Company completed the Agreement and Plan of Merger (the “GMLP Merger Agreement”) with NFE, Golar GP LLC, the general partner of Golar Partners (the “General Partner”), Lobos Acquisition LLC, a limited liability company and a wholly-owned subsidiary of NFE (“GMLP Merger Sub”), and NFE International Holdings Limited, a private limited company and a wholly-owned subsidiary of NFE (“GP Buyer”).
On April 15, 2021, the Company also completed the Agreement and Plan of Merger (the “Hygo Merger Agreement”) with NFE, Hygo, Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak, and Lobos Acquisition Ltd., a wholly-owned subsidiary of NFE (“Hygo Merger Sub”), pursuant to which, on April 15, 2021, Hygo Merger Sub merged with and into Hygo (the “Hygo Merger”), with Hygo surviving the Hygo Merger as a wholly owned subsidiary of NFE.