New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 24, 2012
07:36 EDTGLNGGolar LNG upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Golar LNG citing potential shareholder value from the company's move into floating liquefaction. The firm raised its price target range for shares to $47-$51 from $38-$42.
News For GLNG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 10, 2016
09:37 EDTGLNGGolar LNG agrees to sell Golar Tundra for $330M
Golar LNG announced that it has entered into a purchase agreement to sell the Golar Tundra, a floating storage and regasification unit, to Golar LNG Partners LP for a sale price of $330M. In connection with the closing, the Partnership will receive a daily fee plus operating expenses, aggregating to approximately $2.6M per month, for Golar's right to use the FSRU from the date of the closing until the date that the Golar Tundra commences operations under its time charter with West Africa Gas Limited. In return, the Partnership will remit to Golar any hire income received with respect to the Golar Tundra during this period. The sale is expected to close in March 2016 and the vessel is expected to commence operations under its time charter with West Africa Gas Limited at the end of the second quarter of 2016.
09:22 EDTGLNGGolar LNG Partners to acquire ownership interest Tundra for $330M
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use