Latest news with #GolarLNG
Zawya
31-07-2025
- Business
- Zawya
Golar LNG Strengthens Africa Commitment as Chief Commercial Officer (CCO) Federico Petersen Joins African Energy Week (AEW) 2025 Speaker Lineup
Federico Petersen, Chief Commercial Officer of marine LNG infrastructure operator Golar LNG, has confirmed his participation as a speaker at African Energy Week (AEW): Invest in African Energies 2025, taking place from September 29 to October 3 in Cape Town. His participation follows a series of landmark achievements across the continent, positioning Golar LNG at the forefront of Africa's natural gas revolution. In July 2025, the company announced that its Gimi floating LNG (FLNG) unit has reached commercial operations date under a 20-year lease-and-operate agreement for the Greater Tortue Ahmeyim (GTA) project offshore Senegal and Mauritania. Backed by an estimated 15 trillion cubic feet (tcf) of natural gas, the Gimi facility will produce 2.4 million tons per annum (mtpa) of LNG, ramping up to its nameplate capacity of 2.7 mtpa. AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event. In Nigeria, Golar LNG signed a project development agreement in June 2024 with global energy company the Nigerian National Petroleum Corporation for the deployment of a new FLNG facility offshore the Niger Delta. With a planned processing capacity of 400-500 million standard cubic feet per day, the facility will produce LNG, LPG and condensate, with first gas targeted for 2027. The project falls under Nigeria's broader 'Decade of Gas' initiative, which aims to monetize the country's 209 tcf of gas reserves and accelerate energy access and industrial growth. Supported by reforms such as the Petroleum Industry Act and the Nigerian Gas Flaring Commercialization Program, the project is a critical step toward establishing Nigeria as a global gas hub. In Cameroon, Golar LNG operates the Hilli Episeyo FLNG facility offshore Kribi, which made history as the world's first LNG conversion and the project that introduced Cameroon as the world's 20 th LNG-exporting nation in 2018. In October 2023, the vessel offloaded its 100 th LNG cargo to the Energy Integrity, underscoring nearly six years of reliable operations. With a nameplate capacity of 2.4 mtpa and a strong track record of commercial uptime, Hilli Episeyo continues to serve as a benchmark for small- and mid-scale FLNG deployment. Golar LNG holds a 50% interest in Trains 1 and 2, with the facility enabling the monetization of associated gas while contributing to regional energy diversification and security. 'Golar LNG's proven ability to deliver bankable, scalable FLNG infrastructure in frontier markets has redefined what's possible for gas monetization in Africa. With operations in Senegal, Mauritania, Nigeria and Cameroon, the company is a true partner to Africa's energy future,' states Tomás Gerbasio, VP of Commercial and Strategic Engagement, African Energy Chamber. Federico's participation at AEW: Invest in African Energies highlights Golar LNG's commitment to advancing FLNG development and natural gas monetization across Africa. In line with the company's growing presence in Africa's energy landscape, Golar LNG will participate as a Gold Partner at this year's edition of the conference and exhibition, which serves as a strategic platform to showcase innovative FLNG solutions and a long-term commitment to the continent's energy development. Distributed by APO Group on behalf of African Energy Chamber.
Yahoo
10-07-2025
- Business
- Yahoo
Genesis Energy, L.P. (GEL): A Bull Case Theory
We came across a bullish thesis on Genesis Energy, L.P. on by Ipartners. In this article, we will summarize the bulls' thesis on GEL. Genesis Energy, L.P.'s share was trading at $17.36 as of June 27th. GEL's trailing P/E was 41.53 according to Yahoo Finance. A towering deepwater pipeline pump emerging from a body of water at sunset, symbolizing the company's dedication to offshore logistics. Genesis Energy (GEL) offers a highly asymmetric investment opportunity following the March 2025 sale of its soda ash business to WE Soda Ltd. for an enterprise value of $1.425 billion—over 10x trough EBITDA. This transaction significantly improved GEL's capital efficiency by reducing debt and eliminating ~$203 million in annual cash outflows (interest, maintenance capex, and preferred dividends), exceeding the $140 million EBITDA contribution from soda ash and thus making the deal cash-flow accretive by ~$63 million. With growth capex largely complete, GEL's focus has now shifted toward capital returns and deleveraging, supported by management's commitment to a shareholder-friendly capital allocation strategy. The company anticipates generating ~$2.50/share in free cash flow by 2026, with a path to a $1.50 dividend next year and potential further hikes as preferreds are retired. Current operations are underpinned by stable cash flows from its marine, pipeline, and sulfur businesses—segments with minimal maintenance capex—and potential asset sales could accelerate deleveraging. Furthermore, the Shenandoah and Salamanca developments, ramping up in mid-2025, are expected to deliver $110 million in contracted EBITDA at conservative production levels. Upside to guidance exists, as operators anticipate outperforming base case volumes. Longer-term, tiebacks like Monument and Shenandoah South could unlock up to 600 million barrels of P50 reserves, fully dedicated to GEL's pipeline infrastructure, ensuring years of robust offshore cash flow. GEL's marine segment, already a discount to peers, could benefit from rising barge rates due to structural supply constraints. With a potential doubling of the stock price and low execution risk, GEL presents a compelling rerating story. Previously, we covered a on Golar LNG (GLNG) by unPopular Investing in June 2025, which highlighted the company's pivot to a de-risked FLNG model with long-term contracts and strong ESG positioning. The company's stock price has depreciated by approximately 0.71% since our coverage. This is because the thesis hasn't yet played out. Ipartners emphasizes GEL's near-term cash flow strength and asset monetization. GEL isn't on our list of the 30 Most Popular Stocks Among Hedge Funds. While we acknowledge the risk and potential of GEL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
10-07-2025
- Business
- Zawya
Golar LNG Reaches Commercial Operations Date (COD) at Greater Tortue Ahmeyim (GTA) Project, Joins African Energy Week (AEW) 2025 as Gold Partner
Golar LNG has officially announced that its FLNG Gimi vessel has reached its Commercial Operations Date (COD) under the 20‑year lease-and-operate agreement for the Greater Tortue Ahmeyim (GTA) gas project offshore Mauritania and Senegal. Achieving COD triggers the commencement of this long-term contract – unlocking approximately $3 billion in adjusted EBITDA backlog for Golar – and marks a major milestone in positioning both countries as emerging LNG exporters. The Gimi FLNG unit will initially produce 2.4 million tons of LNG per annum, with plans to ramp up to its full capacity of 2.7 million tons. Backed by an estimated 15 trillion cubic feet of natural gas, the GTA project is expected to bolster regional and global energy security while stimulating economic growth in both host nations. In line with its growing presence in Africa's energy landscape, Golar LNG has joined the 2025 edition of African Energy Week (AEW): Invest in African Energies as a Gold Partner. Taking place from September 29 to October 3 in Cape Town, AEW 2025 brings together African governments, energy companies and global investors to explore and advance opportunities across the energy value chain. The event serves as a strategic platform for companies like Golar LNG to showcase innovative FLNG solutions and their long-term commitment to Africa's energy development. Golar LNG's participation at AEW aligns with the event's broader vision to develop Africa's estimated 620 trillion cubic feet of natural gas as a catalyst for energy security and poverty alleviation. In June 2024, the company signed a Project Development Agreement with the Nigerian National Petroleum Company Limited for a new FLNG facility in the Niger Delta. The project is designed to liquefy 400–500 million standard cubic feet of gas per day, contributing to Nigeria's Decade of Gas Initiative and its goal to harness 209 trillion cubic feet of reserves to expand access to cleaner, more reliable energy. Golar LNG has also played a pioneering role in Cameroon's gas sector since 2018, operating the 2.4-million-ton-per-annum Hilli Episeyo FLNG facility. As the company continues to grow its balance sheet and expand its footprint across the continent, AEW: Invest in African Energies offers an unparalleled opportunity to engage African stakeholders and pursue new prospects across the natural gas value chain. 'The commercial launch of the Gimi FLNG facility is a major step forward for the MSGBC Basin and Africa's LNG market,' says Ore Onagbesan, Program Director, AEW. 'As countries like Nigeria, Ivory Coast, Gabon, Equatorial Guinea, Ghana, Mozambique and Tanzania work to monetize their offshore gas resources, innovative and reliable partners such as Golar LNG will play a vital role in driving sustainable growth and long-term value.' Distributed by APO Group on behalf of African Energy Chamber. About AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event.
Yahoo
01-07-2025
- Business
- Yahoo
Golar LNG Limited – Q2 2025 results presentation
Golar LNG's 2nd Quarter 2025 results will be released before the NASDAQ opens on Thursday, August 14, 2025. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Thursday August 14, 2025. The presentation will be available to download from the Investor Relations section at We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call by clicking on this link. We recommend connecting 10 minutes prior to the call start. Information on how to ask questions will be given at the beginning of the Q&A session. There will be a limit of two questions per participant. a. Listen-only live webcast linkGo to the Investors, Results Centre section at and click on the link to "Webcast". To listen to the conference call from the web, you need to have a sound card on your computer, but no special plug ins are required to access the webcast. There is a 'Help' link available on the webcast pages for anyone who may have issues accessing. b. Teleconference Conference call participants should register to obtain their dial in and passcode details. This process eliminates wait times when joining the call. When you log in, you can either dial in using the provided numbers and your unique PIN, or select the 'Call me' option and type in your phone number to be instantly connected to the call. Use the following link to register. Please download the presentation material from (Investors, Results Centre) to view it while listening to the conference. If you are not able to listen at the time of the call, you can assess a replay of the event audio for a limited time on (Investors, Results Centre). This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading ActError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
01-07-2025
- Business
- Associated Press
Golar LNG Limited – Q2 2025 results presentation
Golar LNG's 2nd Quarter 2025 results will be released before the NASDAQ opens on Thursday, August 14, 2025. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Thursday August 14, 2025. The presentation will be available to download from the Investor Relations section at We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call by clicking on this link. We recommend connecting 10 minutes prior to the call start. Information on how to ask questions will be given at the beginning of the Q&A session. There will be a limit of two questions per participant. a. Listen-only live webcast link Go to the Investors, Results Centre section at and click on the link to 'Webcast'. To listen to the conference call from the web, you need to have a sound card on your computer, but no special plug ins are required to access the webcast. There is a 'Help' link available on the webcast pages for anyone who may have issues accessing. b. Teleconference Conference call participants should register to obtain their dial in and passcode details. This process eliminates wait times when joining the call. When you log in, you can either dial in using the provided numbers and your unique PIN, or select the 'Call me' option and type in your phone number to be instantly connected to the call. Use the following link to register. Please download the presentation material from (Investors, Results Centre) to view it while listening to the conference. If you are not able to listen at the time of the call, you can assess a replay of the event audio for a limited time on (Investors, Results Centre). This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
