Golar LNG buys full ownership of FLNG Hilli for $90.2M, set to move to Argentina in 2026.

Golar LNG Ltd. has acquired all minority stakes in the FLNG Hilli from Seatrium and Black & Veatch for $90.2 million, gaining full ownership. The deal, expected to add $0.5 billion to Adjusted EBITDA backlog, provides immediate cash flow benefits. The FLNG Hilli, currently operating in Cameroon, is set to move to Argentina in 2026, pending approval. Golar also agreed to a $7 million payment to Seatrium for past work. Despite the benefits, Golar's stock fell 3.18% in pre-market trading.

3 months ago
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