GLNG dividend history
Golar Lng Ltd (GLNG) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- Key information relating to the cash dividend to be paid by Golar LNG Limited (Ticker: GLNG)Reference is made to the first quarter 2026 report released on May 20, 2026. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on June 10, 2026. The record date will be June 1, 2026. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: May 29, 2026Ex-date: June 1, 2026 (same as record date pe
- Key information relating to the cash dividend to be paid by Golar LNG Limited (Ticker: GLNG)Reference is made to the fourth quarter 2025 report released on February 25, 2026. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around March 18, 2026. The record date will be March 9, 2026. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: March 6, 2026Ex-date: March 9, 2026Reco
- Key information relating to the cash dividend to be paid by Golar LNG Limited (Ticker: GLNG)Reference is made to the third quarter 2025 report released on November 5, 2025. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around November 24, 2025. The record date will be November 17, 2025. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: November 14, 2025Ex-date: November
- Golar LNG Limited Interim results for the period ended September 30, 2025Highlights and subsequent events Golar LNG Limited ("Golar" or "the Company") reports Q3 2025 net income attributable to Golar of $31 million, Adjusted EBITDA1 of $83 million and Total Golar Cash1 of $661 million, before bond offering proceeds in October 2025. Entered the U.S. rated bond market with $500 million of 5-year 7.5% senior unsecured notes (the "Notes") on October 2, 2025. Repaid $190 million outstanding principal balance of the $300 million 2025 maturing 2021 Unsecured Bonds on October 20, 2025. Gimi operations normalize following post-COD equipment tuning. Daily production is now frequently exceeding base capacity. Seatrium shipyard selected for FLNG Hilli ("Hilli") re-deplo
- Key information relating to the cash dividend to be paid by Golar LNG Limited (Ticker: GLNG)Reference is made to the second quarter 2025 report released on August 14, 2025. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around September 2, 2025. The record date will be August 26, 2025. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: August 25, 2025Ex-date: August 26, 2025
- Golar LNG Limited Interim results for the period ended June 30, 2025Highlights and subsequent events Golar LNG Limited ("Golar" or "the Company") reports Q2 2025 net income attributable to Golar of $16 million, Adjusted EBITDA1 of $49 million and Total Golar Cash1 of $891 million. Added $13.7 billion in Adjusted EBITDA backlog1, with further upside in contracted FLNG tariff CPI escalation and significant commodity upside: Concluded 20-year charter of FLNG Hilli ("Hilli") in Argentina with Southern Energy S.A. ("SESA"), with Adjusted EBITDA backlog1 of $5.7 billion. Signed definitive agreements and reached Final Investment Decision ("FID") for a 20-year charter for the MKII FLNG, also with SESA, with Adjusted EBITDA backlog1 of $8 billion. Remaining regu
- Key information relating to the cash dividend to be paid by Golar LNG Limited (Ticker: GLNG)Reference is made to the first quarter 2025 report released on May 27, 2025. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around June 10, 2025. The record date will be June 3, 2025. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: May 30, 2025Ex-date: June 2, 2025Record date: June
- Golar LNG Limited Interim results for the period ended March 31, 2025Highlights and subsequent events Golar LNG Limited ("Golar" or "the Company") reports Q1 2025 net income attributable to Golar of $8 million, Adjusted EBITDA1 of $41 million and Total Golar Cash1 of $678 million. Concluded the 20-year charter of FLNG Hilli for Southern Energy S.A. ("SESA") in Argentina. Signed definitive agreements for a 20-year charter for the MKII FLNG to SESA. Combined with the FLNG Hilli charter, the project will be for 5.95 mtpa of nameplate capacity – one of the world's largest FLNG development projects. FLNG Gimi in final stages of commissioning on the GTA field, Commercial Operations Date ("COD") expected within Q2. MKII FLNG conversion vessel Fuji LNG arrived
- Key information relating to the cash dividend to be paid by Golar LNG Limited (Ticker: GLNG)Reference is made to the fourth quarter 2024 report released on February 27, 2025. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around March 18, 2025. The record date will be March 11, 2025. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: March 7, 2025Ex-date: March 10, 2025Recor
- Golar LNG Limited Preliminary fourth quarter and financial year 2024 resultsHighlights and subsequent events Golar LNG Limited ("Golar" or "the Company") reports Q4 2024 net income attributable to Golar of $3 million inclusive of $29 million of non-cash items1, and Adjusted EBITDA1 of $59 million. Full year 2024 net income attributable to Golar of $50 million inclusive of $131 million of non-cash items1, and Adjusted EBITDA1 of $241 million. Total Golar Cash1 of $699 million. Acquired all remaining minority interests in FLNG Hilli. FLNG Hilli maintained market-leading operational track record and exceeded 2024 production target. Pampa Energia S.A., Harbour Energy plc and YPF joined Southern Energy S.A. ("SESA"), creating a consortium of leading Argentinian ga
- Key information relating to the cash dividend to be paid by Golar LNG Limited (Ticker: GLNG)Reference is made to the third quarter 2024 report released on November 12, 2024. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around December 2, 2024. The record date will be November 25, 2024. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: November 21, 2024Ex-date: November 22
- Interim results for the period ended September 30, 2024Highlights and subsequent events Final Investment Decision ("FID") for MK II 3.5mtpa FLNG for delivery within 2027. Received reservation notice for FLNG Hilli under definitive agreements with Pan American Energy ("PAE") for 20-year FLNG deployment in Argentina. Strong progress on FLNG commercial opportunities.Agreed commercial reset of pre-COD contract mechanisms with bp for FLNG Gimi ("the commercial reset").FLNG Hilli maintains market-leading operational track record. Golar reports a Q3 2024 ("Q3" or "the quarter") Net loss of $36 million, a Net profit of $54 million excluding $90 million of market adjusted non-cash items, and Adjusted EBITDA1 of $59 million.Adjusted EBITDA backlog1 of ap
- Key information relating to the cash dividend to be paid by Golar LNG Limited (Ticker: GLNG)Reference is made to the second quarter 2024 report released on August 15, 2024. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around September 3, 2024. The record date will be August 26, 2024. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: August 22, 2024Ex-date: August 23, 2024
- Interim results for the period ended June 30, 2024Highlights and subsequent events Golar LNG Limited ("Golar" or "the Company") signed an agreement for a 20-year FLNG deployment in Argentina. Strong progress on further FLNG opportunities.Golar and bp entered into commercial reset arrangements for FLNG Gimi for the pre-Commercial Operations Date ("Pre-COD") period, enabling refinancing at improved terms which is expected to release liquidity of up to $0.5 billion.Finalization of yard EPC and payment terms agreed in preparation for contracting of 3.5mtpa MKII FLNG.Golar reports Q2 2024 ("Q2" or "the quarter") Net income attributable to Golar of $26 million, and Adjusted EBITDA1 of $59 million.Adjusted EBITDA backlog1 of approximately $11 bi
- Key information relating to the cash dividend to be paid by Golar LNG Limited (Ticker: GLNG)Reference is made to the first quarter 2024 report released on May 28, 2024. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around June 17, 2024. The record date will be June 10, 2024. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: June 6, 2024Ex-date: June 7, 2024Record date: Jun
- Golar LNG Limited Interim results for the period ended March 31 2024Highlights and subsequent events Golar LNG Limited ("Golar" or "the Company") reports Q1 2024 ("Q1" or "the quarter") Net income attributable to Golar of $55 million inclusive of $6 million of non-cash items1, and Adjusted EBITDA1 of $64 million.FLNG Hilli maintained 100% economic uptime and market leading operational track record. FLNG Gimi on standby day rate ready to commence operations for BP.Framework Agreement announced in our Q4 2023 earnings report now progressed to detailed contractual negotiations for FLNG deployment. Additional FLNG deployment opportunities in advanced development.0.7 million shares repurchased during Q1 at an average price of $20.87 per share. Declared divid
- Key information relating to the cash dividend to be paid by Golar LNG LimitedReference is made to the fourth quarter 2023 report released on February 29, 2024. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around March 20, 2024. The record date will be March 12, 2024. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: March 8, 2024Ex-date: March 11, 2024Recor
- Golar LNG Limited preliminary fourth quarter and financial year 2023 resultsHighlights and subsequent events Golar LNG Limited ("Golar" or "the Company") reports full year 2023 total operating revenues of $298 million, a net loss attributable to Golar of $47 million inclusive of $331 million of non-cash items1, and Adjusted EBITDA1 of $356 million.Q4 2023 total operating revenues of $80 million, a net loss attributable to Golar of $33 million inclusive of $117 million of non-cash items1, and Adjusted EBITDA1 of $114 million.Total Golar Cash1 of $753 million.FLNG Hilli maintained market leading operational track record and exceeded 2023 production target. FLNG Gimi arrived and moored at the GTA hub offshore Mauritania and Senegal.Maturing commercial prospects for FL
- Key information relating to the cash dividend to be paid by Golar LNG LimitedReference is made to the third quarter 2023 report released on November 21, 2023. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around December 11, 2023. The record date will be December 1, 2023. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: November 29, 2023Ex-date: November 30
- Interim results for the period ended September 30, 2023Highlights and subsequent events Golar LNG Limited ("Golar" or "the Company") reports Q3 2023 Net income of $114 million and Adjusted EBITDA1 of $75 million, inclusive of $39 million of non-cash items1.Total Golar Cash1 of $841 million, inclusive of $114 million of restricted cash.FLNG Hilli achieved operating milestone as world's first FLNG to offload 100 LNG cargoes. FLNG Gimi sailed from Singapore to start its 20-year contract for BP offshore Mauritania and Senegal.Finalized the sale of 1977 built LNG carrier Gandria.Continuing development of FLNG growth pipeline.Repurchased 0.2 million shares at an average cost of $21.36 per share. 105.9 million shares issued and outstanding as of Sept
- Key information relating to the cash dividend to be paid by Golar LNG LimitedReference is made to the second quarter 2023 report released on August 10, 2023. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around August 29, 2023. The record date will be August 21, 2023. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: August 17, 2023Ex-date: August 18, 2023Re
- Interim results for the period ended June 30, 2023Highlights and subsequent events Golar LNG Limited ("Golar" or "the Company") reports Q2 2023 Net income of $7 million, and Adjusted EBITDA1 of $83 million, inclusive of $72 million of non-cash items.Total Golar Cash1 of $884 million, inclusive of $113 million of restricted cash.Executed amendments to existing Hilli debt facility that reduce debt service cost. Exercised option to acquire 2004 built LNG carrier Fuji LNG targeted for conversion to a 3.5mtpa MKII FLNG.Agreed to sell 1977 built LNG carrier Gandria for net consideration of $15 million.Signed heads of terms with Nigeria National Petroleum Corporation ("NNPC") for joint development of gas fields using FLNG, expanding on the Memora
- Golar LNG Dividend InformationReference is made to the first quarter 2023 report released on May 30, 2023. Golar LNG has declared a total dividend of $0.25 per share to be paid on June 16, 2023. The record date will be June 12, 2023. Golar LNG Limited Hamilton, Bermuda 30 May, 2023 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
- Golar LNG Limited Interim results for the period ended March 31, 2023Highlights and subsequent events Golar LNG Limited ("Golar" or "the Company") reports a Q1 2023 Adjusted EBITDA1 of $84 million and a Net Loss attributable to Golar of $102 million, inclusive of non-cash mark-to-market charges1 of $188 million.Total Golar Cash1 of $1 billion, inclusive of $113 million of restricted cash.Based on strong balance sheet position and a solid operational cash flow outlook, Golar reinstates quarterly dividend and will distribute $0.25 per share for Q1 2023.Approved share buyback program of up to $150 million.Exited Cool Company Ltd. ("CoolCo") investment by selling remaining 4.5 million shares raising net proceeds of $56 million. Reacquired New Fortress Energy Inc
- Golar LNG Limited preliminary fourth quarter and financial year 2022 resultsGolar LNG Limited ("Golar" or "the Company") reports 2022 annual net income attributable to Golar of $788 million, record total book value of equity of $2.9 billion and Total Golar Cash1 of $991 million, inclusive of $112 million of restricted cash.Q4 2022 ("Q4" or "the quarter") net income of $71 million and Adjusted EBITDA1 of $87 million.Exited New Fortress Energy Inc. ("NFE") investment, by selling 8.3 million shares in NFE for net proceeds of $418 million, and by agreeing to acquire NFE's interest in Golar Hilli LLC for our remaining 4.1 million NFE shares and $100 million in cash ("the Hilli transaction"), increasing Golar's run-rate Adjusted EBITDA1 by approximately $70 million. Exit
- Interim results for the period ended September 30, 2022Golar LNG Limited ("Golar" or "the Company") reports Net income of $141.1 million and Adjusted EBITDA1 of $85.2 million for Q3 2022 ("Q3" or "the quarter").FLNG Hilli customer elected to exercise optional capacity of 0.2 million tons per annum ("MTPA") of Dutch Title Transfer Facility ("TTF") linked production from 2023 to 2026. Entered into swap arrangements to hedge approximately 50% of Golar's exposure to TTF linked FLNG Hilli production for Q4 2022, 100% of Golar's exposure to 2023 TTF linked production, and 50% of Golar's exposure to 2024 TTF linked production.Sold 8.0 million shares in Cool Company Ltd. ("CoolCo") and 6.3 million shares in New Fortress Energy Inc. ("NFE"), raising net
- Golar sale of approximately $100 million of shares in CoolCoGolar LNG Limited ("Golar") announces today that it has sold around 8 million shares in Cool Company Ltd. ("CoolCo") raising net proceeds of approximately $100 million. Following the sale Golar will own around 4.5 million CoolCo shares, representing 8.3% of CoolCo. Commenting on the sale, Golar CEO Karl Fredrik Staubo said "The sale of CoolCo shares is driven by progress on FLNG growth opportunities, where we expect to deploy the sale proceeds. We are delighted to see CoolCo realizing the potential of the carrier business and delivering on its commitment to industry consolidation and dividend distributions to shareholders". FORWARD LOOKING STATEMENTS This press release contains forward-
- Interim results for the period ended June 30, 2022Golar LNG Limited ("Golar" or "the Company") reports Net income of $230.0 million and Adjusted EBITDA1 of $101.0 million for Q2 2022 ("Q2" or "the quarter").Sold the FSRU Golar Tundra for $350.0 million and agreed to sell the steam turbine LNG carrier Golar Arctic as a converted FSRU to Italy's Snam Group ("Snam") for €269.0 million. Completed the sale of remaining TFDE carriers, The Cool Pool Limited, and Golar's shipping and FSRU management organization to Cool Company Ltd. ("CoolCo").Golar's share of Q2 Contractual Debt1 decreased from $1.7 billion at Q1 2022 to $1.0 billion at Q2 2022.Subsequent to the quarter end, FLNG Hilli customer elected to exercise optional capacity of 0.2 million
- Interim results for the period ended March 31, 2022Golar LNG Limited ("Golar" or "the Company") reports Q1 2022 ("Q1") Net income of $345.2 million.Adjusted EBITDA1 of $93.4 million for the quarter inclusive of FLNG Hilli, Golar Arctic and Golar Tundra but excluding the 8 TFDE vessels and management companies sold to Cool Company Ltd. ("CoolCo"). Sold 6.2 million New Fortress Energy Inc. ("NFE") shares in Q2 2022 ("Q2") realizing net cash proceeds of $253 million. Golar now owns 12.4 million NFE shares following the sale.Q1 Total Golar Cash and Listed Securities1 position increased by $0.4 billion to $1.3 billion. Golar's share of Contractual Debt1 decreased by $0.5 billion to $1.7 billion in Q1 and a further $0.5 billion in Q2 after sale of
- Golar LNG Limited preliminary fourth quarter and financial year 2021 resultsTotal Q4 operating revenues of $115.0 million and Adjusted EBITDA1 of $93.5 million.FLNG Hilli: Increased earnings from Brent Oil linked production, realized income increase of 45% on prior quarter to $12.9 million in Q4. Further 2022 earnings upside from Dutch Title Transfer Facility ("TTF") linked production.Formation of Cool Company Limited ("CoolCo") will reduce Golar's Contractual Debt1 by approximately $833 million and will improve Golar's cash and marketable securities position by $342 million.Entered into a new $250.0 million undrawn corporate bilateral facility with Sequoia Investment Management to further increase financial flexibility and facilitate FLNG growth.Simplification proc
- Golar announces execution of Terms Agreement to separate its 8 TFDE LNG carriers into Cool Company Ltd. Cornerstone equity commitment received from Eastern Pacific Shipping.Golar is pleased to announce the formation of Cool Company Ltd. ("CoolCo" or "Company"), and the entry into a pre-commitment agreement (the "Terms Agreement" or the "Agreement"). CoolCo targets to become a growth vehicle and consolidator of modern LNG carriers and provide investors with direct market exposure to an expected continued strength in the LNG freight market. The consummation of the transactions contemplated by the Terms Agreement would result in CoolCo acquiring Golar's 8 TFDE LNG carriers with plans to raise equity and separately list on Euronext Growth in Oslo during Q1 2022. CoolCo is also expected to acquire the commercial and technical organization associated with the oper
- Interim Results for the Period Ended September 30, 2021Total operating revenues of $106.6 million and Adjusted EBITDA of $74.5 million, up 12% and 30% YoY respectivelySigned 1-year shipping time charter at approximately $100,000/day Secured up to $682m in new financing facilities, securing refinancing of the convertible bond on favorable terms and balance sheet liquidity improvementGrowing customer interest for new FLNG projects Golar positioned to capitalize on macro tailwinds, benefiting from operating and financial leverage going into 2022+ FLNG Hilli achieved another quarter of 100% commercial uptime. Capitalizing on record gas prices, Golar recently hedged half of its Q1 2022 Dutch Title Transfer Facility ("TTF") exposure from the 0.2mtpa
- Interim Results for the Period Ended June 30, 2021Golar reports Q2 Net income of $471.4 million, secured increased capacity utilization for Hilli and added further shipping earnings backlog1 Golar is pleased to announce the company's best ever quarterly net income of $471.4 million, inclusive of a gain on disposal of Hygo Energy Transition Limited and Golar LNG Partners LP to New Fortress Energy Inc ("NFE"), where we have recorded our NFE shareholding at $35.37/share. The gain on disposal proves that Golar is building shareholder value in our asset portfolio significantly in excess of book values. Golar will seek to continue to simplify its group structure to crystalize value. On July 20, 2021 we concluded an agreement to increase capacit
- Golar LNG Limited: Interim results for the period ended 31 March 2021NFE transactions closed, strong shipping rates despite seasonality, and gas prices supportive of upstream activities The first quarter and subsequent months have been positive and eventful for Golar. With the announcement of the sale of Golar LNG Partners LP ("GMLP") and Hygo Energy Transition Ltd. ("Hygo") to New Fortress Energy ("NFE") on January 13, and closing of the transactions on April 15, Golar has made significant progress simplifying its business, crystalizing the value of its asset portfolio, and strengthening its balance sheet. We are encouraged by the strength of shipping rates during what is normally a seasonally weak period, with TFDE1 spot rates currently around $70,000 per
- Interim Results for the Period Ended September 30, 2020Highlights and subsequent events Golar LNG Partners LP (“Golar Partners” or “the Partnership”) generated operating income of $32.1 million for the third quarter of 2020, exclusive of its interest in FLNG Hilli Episeyo.After accounting for $1.1 million of non-cash mark-to-market interest rate swap losses, the Partnership reported net income attributable to unit holders of $17.4 million for the third quarter.The Partnership generated distributable cash flow1 of $20.7 million for the third quarter resulting in a distribution coverage ratio1 of 14.50.The Partnership entered into a cooperation agreement with Hygo Energy Transition Limited ("Hygo"), formerly known as Golar Power Limited, to devel