Search results for: Golar Power Ltd

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  • 7 July 2016
    Business & Finance

    The liquefied natural gas (LNG) shipping company Golar LNG Limited said that the transactions for Golar Power Ltd, a 50/50 joint venture company between Golar and private equity firm Stonepeak Infrastructure Partners, have been completed. Golar Power, a joint venture company set up in an effort to grow in the FSRU and LNG fueled power market, received the proceeds of a USD […]

  • 20 June 2016
    Business & Finance

    Liquefied natural gas (LNG) shipping company Golar LNG Limited has teamed up with private equity firm Stonepeak Infrastructure Partners to set up a joint venture company in an effort to grow in the FSRU and LNG fueled power market. The 50/50 joint venture company, Golar Power Ltd, will offer integrated LNG based downstream solutions through the ownership and operation […]

  • 27 August 2015
    Vessels

    Golar LNG said it is in negotiations with Brazilian power suppliers to provide a floating storage and regasification unit to a combined cycle power station. The company has in recent months been negotiating with Brazilian power partners to participate in up to 25% of this power project and has the exclusive right to provide the […]

  • 19 March 2015
    Infrastructure

    Rolls-Royce has secured a contract with Keppel Shipyard in Singapore to supply two all-gas engines for power generation on-board a Floating Liquefaction Vessel (FLNGV) owned by Golar LNG Ltd. The vessel Hilli was a former LNG carrier and is being converted to a FLNGV carrier. According to Rolls-Royce, Bergen B35:40V20AG is a compact and powerful […]

  • 18 August 2015
    Business & Finance

    Owners and operators of LNG carriers Dynagas Ltd., GasLog Ltd. and Golar LNG Ltd announced today that they have entered into an LNG carrier pooling agreement to market their vessels, which are currently operating in the LNG shipping spot market. As informed, the LNG Carrier Pool will allow the participating owners to optimise the operation of […]

  • 18 August 2015
    Business & Finance

    Owners and operators of LNG carriers Dynagas Ltd., GasLog Ltd. and Golar LNG Ltd announced today that they have entered into an LNG carrier pooling agreement to market their vessels, which are currently operating in the LNG shipping spot market. As informed, the LNG Carrier Pool will allow the participating owners to optimise the operation of […]

  • 29 June 2012

    ABB, the leading power and automation technology group, recently won an order worth $80 million from Samsung Heavy Industries to supply energy efficient drives, motors and electrical power systems for five drilling vessels and two liquefied natural gas (LNG) carriers to be built at Samsung’s shipyard in Korea. The vessels will be used to extract, […]

  • 28 June 2012
    Business & Finance

    ABB, the leading power and automation technology group, recently won an order worth $80 million from Samsung Heavy Industries to supply energy efficient drives, motors and electrical power systems for five drilling vessels and two liquefied natural gas (LNG) carriers to be built at Samsung’s shipyard in Korea. The vessels will be used to extract, […]

  • 28 June 2012
    Business & Finance, Equipment

    ABB, the leading power and automation technology group, recently won an order worth $80 million from Samsung Heavy Industries to supply energy efficient drives, motors and electrical power systems for five drillships and two liquefied natural gas (LNG) carriers to be built at Samsung’s shipyard in Korea. The vessels will be used to extract, process […]

  • 27 August 2010

    Golar LNG Limited (“Golar” or the “Company”) reports a consolidated net loss of $5.7 million and consolidated operating income of $13.0 million for the three months ended June 30, 2010 (the “second quarter”). Revenues in the second quarter increased to $55.7 million as compared to $53.3 million for the first quarter of 2010 (the “first […]

  • 28 June 2012

    ABB, the leading power and automation technology group, recently won an order worth $80 million from Samsung Heavy Industries to supply energy efficient drives, motors and electrical power systems for five drilling vessels and two liquefied natural gas (LNG) carriers to be built at Samsung’s shipyard in Korea. The vessels will be used to extract, […]

  • 25 July 2016
    Business & Finance, Equipment

    LNG giant Golar LNG and oilfield services provider Schlumberger have announced the creation of OneLNG, a joint venture to ‘rapidly develop’ low cost gas reserves to LNG. According to Schlumberger’s press release on Monday, the combination of Schlumberger reservoir knowledge, wellbore technologies and production management capabilities, with Golar’s low cost FLNG (Floating LNG) solution, will […]

  • 31 October 2014
    Business & Finance

    Eco Marine Power (EMP) has for the first time ever installed an Aquarius Management & Automation System (MAS) integrated with a marine solar panel array on-board the Blue Star Delos. The Aquarius MAS has been installed as part of a joint renewable energy project with Blue Star Ferries and the approximately 2kW trial solar array […]

  • 6 June 2019
    Business & Finance

    LNG carrier owner and operator duo is to assume commercial control of their vessels in The Cool Pool.

  • 12 August 2013
    Vessels

    International law firm Ince & Co LLP advised Golar LNG Limited on the successful completion of a Floating Storage and Regasification Unit (FSRU) time charter with the Ministry of Energy and Mineral Resources of Jordan. Ince advised Golar on all aspects of the charter and related documentation, from the initial expression of interest, throughout the […]

  • 3 July 2020
    Business & Finance, Business developments & projects

    Golar Power has teamed up with Argentina’s Galileo Technologies to expand its LNG footprint in Brazil. Under the deal, Galileo will provide gas conditioning, distributed LNG production, LNG filling stations and regasification plants. Golar Power, a joint venture of Golar LNG and Stonepeak Infrastructure Partners, says this initiative will increase the share of local LNG […]

  • 1 June 2020
    Infrastructure, Vessels

    Golar’s floating storage and regasification unit that is supplying the Sergipe power plant in Brazil has recently received another cargo of LNG via a ship-to-ship transfer. The third STS LNG transfer has taken place from May 22-24 between the FSRU Golar Nanook and LNG carrier Excalibur, according to Golar Power that operates the Sergipe power […]

  • 23 August 2011

    Another step forward in the development of the Aquarius System was made recently when work begun on the detailed design of the wind and solar sail panel. This panel or rigid sail will be used to harness wind & solar energy which will then be used to help power a ship thereby reducing fuel consumption […]

  • 23 August 2011
    Business & Finance

    Another step forward in the development of the Aquarius System was made recently when work begun on the detailed design of the wind and solar sail panel. This panel or rigid sail will be used to harness wind & solar energy which will then be used to help power a ship thereby reducing fuel consumption […]

  • 9 August 2016
    Vessels

    The 2003-built, 138,500-cbm Golar Arctic has arrived in Jamaica to serve as a floating storage unit supplying fuel for the country’s 120-megawatt power plant at Bogue, Montego Bay. Supplied by the US-based New Fortress Energy, the first LNG shipment arrived at the port of Kingston aboard the Golar Arctic on Friday, August 5, Jamaica’s energy company, […]

  • 19 November 2019

    Avenir LNG, a small-scale partnership between Stolt-Nielsen, Höegh LNG and Golar LNG said it will collaborate with Golar Power in developing the small-scale LNG market in Brazil.

  • 9 November 2012
    Vessels

    Golar LNG Limited announced that it has completed its sale of interests in the companies that own and operate the LNG carrier Golar Grand to Golar LNG Partners L.P. for a price of $265 million. As consideration, the Partnership will assume a $90 million finance lease liability (net of restricted cash) in respect of the […]