Golar LNG, a Bermuda-based liquefied natural gas (LNG) company, has begun a formal strategic review to examine options that advance its floating liquefied natural gas (FLNG) expansion and maximise shareholder value.
The company’s Board of Directors stated that the evaluation will encompass Golar’s FLNG technology, existing long-term contracts and future growth opportunities.
As part of this process, Golar LNG has engaged Goldman Sachs International as its financial adviser.
The purpose of the strategic review is to speed up the development of its FLNG projects and increase value for shareholders, according to the company.
Potential courses of action under consideration include a possible sale, merger, business combination, asset divestiture or corporate restructuring.
Golar LNG aims to identify solutions that could expedite the deployment of its FLNG solutions and deliver returns to shareholders.
The company does not expect to provide further updates on the review until it reaches a conclusion and noted that there is no fixed timeline for the process or certainty that it will result in a transaction.
In June 2025, Golar LNG announced plans for a $500m convertible senior notes offering due in 2030, subject to market conditions. The following month, the company announced the closing of the private placement of 2.75% convertible senior notes due 2030 to qualified institutional buyers, totalling $575m in principal.
In February 2025, Golar LNG announced the sale of its LNG carrier, Golar Arctic, for $24m before associated expenses, marking its exit from the LNG shipping sector.
The Marshall Islands-flagged vessel was built in 2003 with a carrying capacity of 140,000m³ and a gross tonnage of 94,934 tons.
Last month, Golar LNG said it earned $10m in the fourth quarter of 2025, including $28m in non‑cash items, and generated $91m of adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA). The company ended the quarter with $1.2bn in cash.
For 2025, it reported $66m of net income including $84m in non‑cash items and $265m of adjusted EBITDA.
“Golar LNG launches strategic review to advance FLNG growth plans” was originally created and published by Offshore Technology, a GlobalData owned brand.
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