HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 2.Jan.2025) — bp has begun flowing gas from wells at the GTA Phase1 liquefied natural gas (LNG) project to its floating production storage and offloading (FPSO) vessel for the next stage of commissioning.   bp is operator of GTA with a 56% working interest, […]
Tag: Golar LNG
Argentina’s YPF eyes Southern Energy SA floating LNG project
RIO NEGRO, ARGENTINA (Camilo Ciruzzi , Energy Analytics Institute, 8.Dec.2024) — Buenos Aires-based YPF SA has an eye solidifying its position in the global LNG market. That, as the state-owned company’s eyes are now focused on 2 liquefaction projects in Argentina. While advancing its own project (Argentina LNG), YPF has […]
Argentina’s Vaca Muerta anchors record growth in production
RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 6.Dec.2024) — Argentina’s crude oil and natural gas sectors are experiencing a historic surge. That, as production nears record highs, driven by the prolific Vaca Muerta shale formation. Continued development of Vaca Muerta is reshaping the South American country’s energy landscape, reducing […]
PAE Issues Reservation Notice to Golar LNG for FLNG HilliÂ
HOUSTON, TEXAS (Aaron Simonsky, Energy Analytics Institute, 30.Oct.2024) — Pan American Energy (PAE) issued a reservation notice in Oct. 2024 reserving the floating liquefied natural gas (FLNG) ‘Hilli’ to PAE and Golar LNG’s liquefaction project in Argentina. This reservation notice ends Golar’s option to nominate an alternative FLNG vessel to […]
Golar and bp Enter Commercial Reset Arrangements for FLNG Gimi
(Golar LNG, 5.Aug.2024) — Golar LNG Ltd., and bp, as operator of the Greater Tortue-Ahmeyim LNG Project, have executed agreements to implement a commercial reset for FLNG Gimi. The commercial reset agreement simplifies contractual cash flows and settles previous disputes related to payment mechanisms for pre-commercial operations date (“Pre-COD”) contractual cash […]
Golar LNG Class Action And Lead Plaintiff Deadline
Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Golar LNG Ltd and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Golar securities between 30 Apr. and 24 Sep. 2020.
Argentina Pursues $5bn LNG Project Amid Political Havoc
(Bloomberg, Jonathan Gilbert, 4.Sep.2019) — Argentina’s state-run oil company, YPF SA, is pushing ahead with plans to build a $5 billion natural gas export terminal despite the political and financial chaos racking the nation. The driller, which has led development of the nation’s Vaca Muerta shale trove, is in talks […]
Golar Power Affiliate CELSE Closes $1.3 Bln Financing
(Golar LNG, 25.Aug.2018) — Golar Power Limited’s affiliate, CELSE, closed a $1.34 billion financing facility for the Sergipe project. On April 19, CELSE, the 50% Golar Power owned project company responsible for delivering the Sergipe I power project, executed a $1.34 billion non-recourse project finance facility. Excluding the FSRU facility, […]
Golar Applies for FSRU Permits in Brazil
(TO&GY, 24.Aug.2018) — Offshore midstream company Golar LNG has started the process to acquire an environmental permit for its Terminal Gas Sul (TGS) project in the Brazilian state of Santa Catarina, international media reported Thursday. The project, which entails a new pipeline and FSRU capable of storing 160,000 cubic metres […]
Golar Power Closing on 1.5GW Sergipe Power Project
(Golar LNG, 19.Apr.2018) — Golar LNG Limited announce that Golar Power Limited, a joint venture with Stonepeak Infrastructure Partners, has reached financial closing on the 1.5GW Porto de Sergipe I Power Project (Sergipe TPP). Located in Sergipe, NNE of Brazil, the Project will be the largest and most efficient thermoelectric […]