Golar LNG reports loss amid corporate overhaul while pointing to more income from floating production hulls
Golar LNG, which has an operated and owned fleet of 28 vessels, reported a more than four-fold increase in losses as it reorganized the business following the sale of the Hygo Energy stake and Golar LNG Partners to New York-based LNG-to-power firm New Fortress Energy.
Golar LNG Ltd reports profit after hectic first quarter and issues positive outlook for fleet of 25 ships
Golar LNG Ltd, which still has 25 owned or operated vessels in its fleet, reported a profit in a hectic first quarter that saw the departure of its Chief Executive Iain Ross, the sale of US unit Golar LNG Partners to New Fortress Energy, along with Golar’s half share in the Hygo Energy Transition business in Brazil.
Golar LNG names former AES Corp. CEO to head power joint venture Hygo Energy Transition in Brazil
Hygo Energy Transition, the joint venture company formed by shipping and projects operator Golar LNG and US fund Stonepeak Infrastructure Partners for their Golar Power interests, has appointed a new Chief Executive to replace the previous incumbent who decided to step down after being caught up in a Brazilian corruption investigation.
