Golar LNG has begun discussions with partners Keppel and Black & Veatch for a third GoFLNG unit similar to the Hilli and the Gimi, Golar said in a news release, noting the company is exercising an option as part of an existing framework agreement.
Hopes are to start up the third vessel in 2018, according to the release. The date falls between the targeted onstream dates of 2017 and 2019 for the first two units, destined respectively for offshore Cameroon and Equatorial Guinea.
Golar said it intends to pursue the third GoFLNG vessel on a similar contractual basis as the second vessel, preserving flexibility on design and delivery schedule, and including cancellation provisions.
Recommended Reading
H&E Equipment Services Acquires Precision Rentals
2024-01-09 - H&E Equipment Services’ acquisition of Precision Rentals adds approximately $70 million in original equipment to its fleet of construction rental equipment.
Microsoft, Qcells Enter Alliance for 12 GW of US Solar Modules
2024-01-08 - Qcells said it will collaborate with Microsoft to bring an estimated 1.5 GW of solar panels a year to Microsoft’s contracted projects through 2032.
Ormat Closes Geothermal and Solar Assets from Enel for $271MM
2024-01-05 - Ormat Technologies’ acquisition of Enel SpA’s Nevada, Utah, Connecticut and California assets will up Ormat’s electricity segment generation to 1,215 megawatts.
Analysts: Chesapeake-SWN Poised to Supply Growing Global LNG Demand
2024-01-11 - Chesapeake Energy and Southwestern Energy are combining in a $7.4 billion merger to serve more domestic customers and access growing global LNG demand.
EY: What to Watch for in 2024: Emissions, Ops, M&A
2024-01-10 - Expect E&Ps to engage in more strategic consolidation, place more emphasis on carbon markets and attempt to get ahead of the SEC’s guidance on emissions reporting.