- CEO
- Karl Fredrik Staubo
- Full Time Employees
- 474
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- S.E. Pearman Building Hamilton Bermuda HM 11
- IPO Date
- Jul 15, 2003
- Business
- Golar LNG Limited designs, converts, owns, and operates marine infrastructure for the liquefaction, storage, regasification, and transportation of liquefied natural gas (LNG). Its core products and services include floating liquefied natural gas (FLNG) vessels, floating storage and regasification units (FSRUs), LNG carriers, and vessel management services. The company specializes in the development and operation of FLNG terminals and FSRUs, offering floating solutions that enable natural gas liquefaction and regasification at sea. Golar operates globally with a significant presence in Americas, Africa, and Europe, providing essential LNG infrastructure services for gas production, transportation, and regasification markets. Founded in 1946, Golar LNG is headquartered in Hamilton, Bermuda.
Recent major company changes include Golar LNG's acquisition of full ownership of the FLNG Hilli, increasing its stake by approximately 8% through the purchase of minority interests from Seatrium and Black & Veatch, a transaction completed at a cost of around $902 million. This acquisition enhances Golar's position in the FLNG market and secures immediate cash flow benefits along with an estimated $500 million increase in adjusted EBITDA backlog. The FLNG Hilli is currently operating in Cameroon with plans to relocate to Argentina post-2026 under a 20-year agreement with Southern Energy, subject to regulatory approvals. Additionally, Golar LNG secured a $1.2 billion asset-backed debt refinancing facility, supported by major banks including ABN AMRO, Citibank, DNB, Goldman Sachs, and Standard Chartered to support its FLNG fleet operations and expansion. The company is also engaged in strategic collaborations to explore floating production of blue and green ammonia and carbon reduction technologies in LNG production. Golar maintains ongoing partnerships such as with Stolt-Nielsen, which continues to invest strategically in Golar and its affiliated projects. Its existing FLNG fleet operates under long-term charter agreements, underpinning a combined adjusted EBITDA backlog of $17 billion attributable to Golar's share.
Golar LNG continues to focus on innovation in floating LNG technology, with Front End Engineering and Design (FEED) studies completed for a larger newbuild FLNG solution, reinforcing its leadership in the LNG infrastructure market. The company has transitioned from earlier ventures by selling its Hygo Energy Transition Ltd. stake, enabling it to focus on core LNG infrastructure assets and technology developments. These developments position Golar LNG as a leading independent global owner and operator of floating LNG liquefaction and regasification infrastructure.
This description reflects Golar LNG Limited's comprehensive LNG infrastructure services, geographic reach, and recent strategic expansions as of late 2025.