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July 2, 2014
16:29 EDTGLNGGolar LNG enters into agreements for maiden floating liquefaction vessel
Golar LNG has executed and made effective key agreements for conversion of the 125,000 m3 LNG carrier Hilli to a floating liquefaction vessel. The primary contract for the FLNGV was entered into with Singapore's Keppel Shipyard. The conversion has been approved in principle by DNV in accordance with their classification rules and international standards. The conversion is scheduled to be completed in February 2017.
News For GLNG From The Last 14 Days
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March 5, 2015
06:13 EDTGLNGGolar LNG and Rosneft Oil sign memorandum of understanding
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February 25, 2015
09:09 EDTGLNGGolar LNG valuation overly discounts the worst, says Morgan Stanley
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February 24, 2015
20:13 EDTGLNGGolar LNG reports Q4 revenue $32.6M, consensus $28.83M
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20:10 EDTGLNGGolar LNG maintains Q4 dividend at 45c per share
Coinciding with a chartering market that is expected to be weak for the next 9-12 months, Golar has embarked on a period of rapid growth linked to the new investments in the floating LNG liquefaction business. The board continues to maintain the position that a regular and stable to growing dividend is a key part of the return to shareholders. With respect to Q4, the board has decided to maintain the dividend at 45c per share. The company does not expect further material growth in the dividend ahead of an upturn in the shipping market or until the floating LNG liquefaction units become free cash generative. The record date for the dividend will be March 12, ex-dividend date is March 10 and the dividend will be paid on or about March 24.
20:10 EDTGLNGGolar LNG sees 'weak' Q1 operating results driven by weak shipping market
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20:10 EDTGLNGGolar LNG expects weak market for chartering LNG shipping in first half 2015
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