#Golar FLNG

[ornoirafrica]

Sénégal - Mauritanie : Le FLNG Gimi a reçu le premier gaz du champ GTA

Golar LNG Limited a annoncé la réception du gaz du FPSO exploité par BP sur le projet Greater Tortue Ahmeyim (GTA), situé au large des côtes de la Mauritanie et du Sénégal. Cette étape cruciale marque le démarrage de la mise en service complète de l’unité flottante de gaz naturel liquéfié (FLNG) Gimi. Avant cette réception, le gaz du méthanier British Sponsor était utilisé pour entreprendre des…

[leprivatebanker]

Golar LNG Acquires Full Ownership of FLNG Hilli

[united-states-on-grafa]

Full story: https://grafa.com/news/golar-lng--nasdaq-glng--reports--55m-q1-income--declares-dividend-227864

Golar LNG (NASDAQ:GLNG) has released its interim results for the first quarter of 2024, ending March 31.

The company reported a net income of $55 million, including $6 million from non-cash items and an adjusted EBITDA of $64 million.

Highlighting its operational excellence, FLNG Hilli achieved 100% economic uptime during the quarter, continuing its reputation for leading operational performance in the industry.

Meanwhile, the company's FLNG Gimi is on a standby day rate and is set to commence operations for BP.

Further building on strategic developments, Golar has made substantial progress in negotiations following the framework agreement announced in the fourth quarter of 2023 earnings report.

This progress pertains to the deployment of FLNG units, with additional opportunities now in advanced stages of development.

Financially, Golar has been active in managing its stock, repurchasing 0.7 million shares at an average price of $20.87 per share during the first quarter.

Additionally, the company has declared a dividend of $0.25 per share for the quarter, underlining its commitment to delivering value to shareholders.

[electronalytics]

FLNG Market Challenges, Analysis and Forecast to 2032

The Floating Liquefied Natural Gas (FLNG) market refers to the industry involved in the production, storage, and transportation of natural gas using floating liquefaction facilities. FLNG is a relatively new technology that enables the production of liquefied natural gas (LNG) directly at offshore gas fields, eliminating the need for onshore facilities.

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Floating LNG estimated at USD 10140 million in the year 2023, is projected to reach a revised size of USD 12970 million by 2030, growing at a CAGR of 4.2% during the forecast period 2023-2030

 Some key points about the FLNG market:

Market Growth: The FLNG market has witnessed significant growth in recent years. Several FLNG projects have been announced or are under development worldwide, especially in regions with offshore gas reserves, such as Australia, Southeast Asia, and Africa. This growth is expected to continue as countries seek to monetize their offshore gas resources.

Advantages of FLNG: FLNG offers several advantages over traditional onshore LNG facilities. It allows for the development of remote offshore gas fields that would otherwise be uneconomical to develop. FLNG also provides flexibility in terms of deployment and relocation, as the facility can be moved to different locations as per the gas field requirements.

Project Developments: Notable FLNG projects include Shell's Prelude FLNG, located offshore Australia, which is the largest FLNG facility in operation. Other significant projects include Coral FLNG in Mozambique and Abadi FLNG in Indonesia. These projects represent significant investments and showcase the potential of FLNG technology.

Market Challenges: While the FLNG market has promising prospects, it also faces challenges. The high capital costs associated with FLNG projects and the technical complexities of operating in offshore environments are some of the key challenges. Additionally, market dynamics, such as fluctuating LNG prices and regulatory uncertainties, can impact the viability of FLNG projects.

Future Outlook: The FLNG market is expected to continue growing in the coming years, driven by increasing demand for natural gas, particularly in emerging economies. As technological advancements continue and more FLNG projects become operational, the market is likely to witness further expansion and consolidation.

It's important to note that the FLNG market is subject to various market forces, geopolitical factors, and energy policies that can influence its growth and development. Therefore, it's advisable to consult up-to-date sources and industry reports for the most current and accurate information on the FLNG market.

We recommend referring our Stringent datalytics firm, industry publications, and websites that specialize in providing market reports. These sources often offer comprehensive analysis, market trends, growth forecasts, competitive landscape, and other valuable insights into this market.

By visiting our website or contacting us directly, you can explore the availability of specific reports related to this market. These reports often require a purchase or subscription, but we provide comprehensive and in-depth information that can be valuable for businesses, investors, and individuals interested in this market.

“Remember to look for recent reports to ensure you have the most current and relevant information.”

Click Here, To Get Free Sample Report: https://stringentdatalytics.com/sample-request/flng-market/1276/

Market Segmentations:

Global FLNG Market: By Company • Golar LNG • Hoegh LNG • Excelerate Energy • Exmar • Eni • Ophir Energy • Mitsui O.S.K • Lines • Royal Dutch Shell • Petronas • Noble Energy • Woodside Petroleum • Samsung Heavy Industries • DSME and Associates • Hyundai Heavy Industries • Mitsubishi Heavy Industries Global FLNG Market: By Type • LNG FPSO • FSRU Global FLNG Market: By Application • Residential • Commercial • Industrial Global FLNG Market: Regional Analysis All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global FLNG market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Visit Report Page for More Details: https://stringentdatalytics.com/reports/flng-market/1276/

Reasons to Purchase FLNG Market Report:

• To obtain insights into industry trends and dynamics, including market size, growth rates, and important factors and difficulties. This study offers insightful information on these topics.

• To identify important participants and rivals: This research studies can assist companies in identifying key participants and rivals in their sector, along with their market share, business plans, and strengths and weaknesses.

• To comprehend consumer behaviour: these research studies can offer insightful information about customer behaviour, including preferences, spending patterns, and demographics.

• To assess market opportunities: These research studies can aid companies in assessing market chances, such as prospective new goods or services, fresh markets, and new trends.

• To make well-informed business decisions: These research reports give companies data-driven insights that they may use to plan their strategy, develop new products, and devise marketing and advertising plans.

In general, market research studies offer companies and organisations useful data that can aid in making decisions and maintaining competitiveness in their industry. They can offer a strong basis for decision-making, strategy formulation, and company planning.

Click Here, To Buy Premium Report: https://stringentdatalytics.com/purchase/flng-market/1276/?license=single

About US:

Stringent Datalytics offers both custom and syndicated market research reports. Custom market research reports are tailored to a specific client's needs and requirements. These reports provide unique insights into a particular industry or market segment and can help businesses make informed decisions about their strategies and operations.

Syndicated market research reports, on the other hand, are pre-existing reports that are available for purchase by multiple clients. These reports are often produced on a regular basis, such as annually or quarterly, and cover a broad range of industries and market segments. Syndicated reports provide clients with insights into industry trends, market sizes, and competitive landscapes. By offering both custom and syndicated reports, Stringent Datalytics can provide clients with a range of market research solutions that can be customized to their specific needs

Contact US:

Stringent Datalytics

Contact No -  +1 346 666 6655

Email Id -  sales@stringentdatalytics.com

Web - https://stringentdatalytics.com/

[crudeoilfacilitators]

BP, Golar Agree 11-month Delay for Gimi FLNG https://crudeoilfacilitators.blogspot.com/2020/10/bp-golar-agree-11-month-delay-for-gimi.html

[i-jacoblogan-blog]

Bermuda-based liquefied natural gas (LNG) shipping company Golar has announced its agreement with BP for the charter of a floating liquefied natural gas (FLNG) vessel to service the Greater Tortue Ahmeyim project in West Africa.

[essadapress]

تعرّض مشروع تطوير حقل آحميم للغاز إلى تأخير جديد في موعد بدء الإنتاج

تعرّض مشروع تطوير حقل آحميم للغاز إلى تأخير جديد في موعد بدء الإنتاج

تعرّض مشروع تطوير حقل آحميم للغاز الطبيعي المسال، التابع لشركة بريت�� بتروليوم، إلى تأخير جديد في موعد بدأ الإنتاج، حيث كشف مقاول منصة معالجة وتخزين الغاز Golar LNG، أن عقده من المقرر أن يبدأ في الربع الرابع من عام 2023. وفي عرض تقديمي الأسبوع الماضي في مؤتمر DNB للطاقة والشحن، قال Golar LNG إن سفينة Gimi FLNG، التي تخضع للتحويل في Keppel Offshore & Marine في سنغافورة، قد اكتملت الآن بنسبة 80٪ من…

[seanews11]

Golar, Perenco and SNH agree increased capacity utilisation of FLNG Hilli Episeyo

Golar, Perenco and SNH agree increased capacity utilisation of FLNG Hilli Episeyo

Golar LNG Limited has agreed with Perenco Cameroon (“Perenco”) and Société Nationale des Hydrocarbures (“SNH”) to increase utilisation of the FLNG Hilli Episeyo (“Hilli”). Commencing 2022 the capacity utilisation of Hilli will increase by 200,000 tons of LNG, bringing total utilisation in 2022 to 1.4 million tons. The tolling fee for the 2022 incremental capacity is linked to European gas prices…

[ornoirafrica]

Sénégal - Mauritanie : Golar FLNG quitte Singapour pour le projet GTA (Great Tortue Ahmeyim)

Le FLNG, destiné au projet de gaz naturel liquéfié (GNL) de Tortue, a quitté le chantier de construction en remorquage dimanche, selon ses données AIS. Kosmos Energy a annoncé qu’il devrait arriver à son site de projet au large des côtes de la Mauritanie et du Sénégal au début de l’année prochaine. En février 2019, Golar LNG a signé un contrat de location et d’exploitation de 20 ans avec BP pour…

[leprivatebanker]

Golar LNG Expands FLNG Hilli Stake, Eyes Long-Term Argentina Deal

[ritukhatri]

Floating Liquefied Natural Gas Market to grow by USD 20.69 billion during 2020-2024

The floating liquefied natural gas market size has the potential to grow by USD 20.69 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

Get Sample of the Report: https://www.technavio.com/report/floating-liquefied-natural-gas-market-industry-analysis

This report provides a detailed analysis of the market by processing capacity (large-scale capacity and small-scale capacity) and geography (North America, MEA, APAC, Europe, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Black & Veatch Holding Co., Eni Spa, Excelerate Energy LP, EXMAR NV, Golar LNG Ltd., Lloyds Energy DMCC, Petroliam Nasional Berhad, Royal Dutch Shell Plc, Samsung Heavy Industries Co. Ltd., and TechnipFMC Plc.

The market is fragmented and will witness a minuscule inclination towards concentration in the next few years. Black & Veatch Holding Co., Eni Spa, and Excelerate Energy LP are some of the major market participants. Although the rising global oil and gas consumption will offer immense growth opportunities, the fluctuations in oil and gas prices will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this floating liquefied natural gas market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this floating liquefied natural gas market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

Black & Veatch Holding Co.

Eni Spa

Excelerate Energy LP

EXMAR NV

Golar LNG Ltd.

Lloyds Energy DMCC

Petroliam Nasional Berhad

Royal Dutch Shell Plc

Samsung Heavy Industries Co. Ltd.

TechnipFMC Plc

North America was the largest floating liquefied natural gas market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Factors such as the presence of leading vehicle manufacturers will significantly drive floating liquefied natural gas market growth in this region over the forecast period.

42% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for floating liquefied natural gas in North America. Market growth in this region will be faster than the growth of the market in other regions.

How Will Rising Oil and Gas Consumption Influence Floating Liquefied Natural Gas Market Growth?

The rise in global oil and gas consumption is one of the major factors driving FLNG market growth. According to the US Energy Information Administration, the consumption of liquid fuel has increased significantly in the last few years. The global liquid fuel consumption was almost 90 MBPD in 2011 and is expected to reach 101.1 by 2021. Global liquefied natural gas fuel consumption increased at an annual rate during 2011-2019, and it is estimated to grow further. Most of the oil-producing countries do not have large additional capacities. Therefore, they need to discover greenfield oil wells in the existing and new oil fields to meet the high demand for fuel. Also, with the increased consumption of fuel from the developing economies such as India and China, the demand for LNG is likely to propel during the forecast period, thereby increasing the demand for FLNG projects during the forecast period.

The increasing use of natural gas in the transportation sector is one of the key FLNG market trends that will further stimulate market growth. The transportation sector is a significant contributor to the rise in global air pollution. Emissions from air, road, and water transport result in climate change and declining air quality in urban cities. This is inducing several governments to focus on introducing natural gas vehicles as they are eco-friendly and help in the decarbonization of the transport sector. The growth in demand for natural gas as a fuel will boost the FLNG market growth. The FLNG market will register a CAGR of over 19% during the forecast period.

[crudeoilbrokers]

Golar eyes more Africa FLNG projects after Hilli success https://crudeoilbrokers.blogspot.com/2018/08/golar-eyes-more-africa-flng-projects.html

[procurement-logistics-magaz-blog]

China to invest US$7 billion on Africa’s Floating Liquefied Natural Gas (FLNG)

China to invest US$7 billion on Africa’s Floating Liquefied Natural Gas (FLNG)

China plans to invest US$7 billion on Africa’s floating Liquefied Natural Gas (LNG) offshore plants in a bid to become the world’s lowest-cost seller with a production timeline of 2020’s. Despite the fact that spot LNG prices have dropped by 70 percent since 2014, and are under pressure from new capacity from the U.S. and Australia, China is one of investors that sees the current LNG glut ending…

[seanews11]

Golar LNG Announces Hilli Episeyo's Debt Financing Closure

Golar LNG Announces Hilli Episeyo’s Debt Financing Closure

Golar LNG Limited has announced that following the June 4th announcement of commercial acceptance of Hilli Episeyo, the Company has repaid the USD 640 million drawn under the USD 700 million construction financing facility and drawn down on the post acceptance USD 960 million lease financing facility provided by CSSC Leasing. After the closing therefore an additional USD 320 million of liquidity…