Securing Long-term Contracts
Golar secured a 20-year charter for the Hilli and signed definitive agreements for the Mark II FLNG, enhancing cash flow visibility and increasing the EBITDA backlog to $17 billion.
Strong Financial Position
The company issued $575 million in convertible bonds, boosting its cash position to just under $900 million, and repurchased 2.5 million shares.
Operational Milestones
The Gimi reached its commercial operations date in June, marking a significant milestone for the company.
Positive EBITDA and Dividend Declaration
Total EBITDA reached $49 million, and the company declared a dividend of $0.25 per share.
Expansion Plans
Plans for a fourth FLNG unit are underway, with agreements signed to confirm EPC price and delivery schedule.