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.
Sale of positions in Senegal and Mauritania offshore assets for LNG generate wide interest
The Greater Tortue-Ahmeyim Project, the floating liquefied natural gas development offshore the maritime boundaries of Mauritania and Senegal, is making advances as shareholder Kosmos Energy prepares to sell some of its stake.
US engineering firm Black and Veatch begins topsides work on third FLNG hull venture
US engineering company Black and Veatch has received notice to proceed with providing the topsides for its third floating LNG production venture, the conversion in Singapore of a conventional LNG carrier for BP of the UK.
Kosmos makes progress on other African ventures as well as Mauritania-Senegal FLNG
Kosmos Energy, the US partner of BP in the Mauritania-Senegal floating LNG projects, reported a net profit in the fourth quarter compared with a loss in the year-ago period as it advanced with its FLNG plans and expanded its Africa-focused activities.
Australian LNG player Woodside moves forward with oil and gas development offshore Senegal
Woodside Petroleum, the Australian liquefied natural gas developer, said it was moving forward with its front-end engineering design activities for its joint venture offshore Senegal in West Africa where BP and other companies are developing floating LNG projects.
