Golar LNG owns and operates marine LNG infrastructure. The company had developed Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Front End Engineering and Design (FEED) studies have now been completed for a larger newbuild FLNG solution. Golar is also collaborating with another industry leader to investigate solutions for the floating production of blue and green ammonia as well as carbon reduction in LNG production.

History

The company was founded in 1946 as Gotaas-Larsen Shipping Company. In 1970 the company entered the LNG segment. In 1973, the Gotaas-Larsen

oil tanker An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined ...

exploded and sank off the

Canary Islands The Canary Islands (; es, :es:Canarias, Canarias, ), also known informally as the Canaries, are a Spanish Autonomous communities of Spain, autonomous community and archipelago in the Atlantic Ocean, in Macaronesia. At their closest point to ...

. With gross register tonnage of 98,894 and

deadweight tonnage Deadweight tonnage (also known as deadweight; abbreviated to DWT, D.W.T., d.w.t., or dwt) or tons deadweight (DWT) is a measure of how much weight a ship can carry. It is the sum of the weights of cargo, fuel, fresh water, ballast water, pro ...

of , it was at the time the largest ship ever lost at sea. The

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bor ...

-based

Osprey Maritime The osprey (''Pandion haliaetus''), , also called sea hawk, river hawk, and fish hawk, is a diurnal, fish-eating bird of prey with a cosmopolitan range. It is a large raptor reaching more than in length and across the wings. It is brown o ...

bought the company in 1997. In 2000 the John Fredriksen-controlled

World Shipholding In its most general sense, the term "world" refers to the totality of entities, to the whole of reality or to everything that is. The nature of the world has been conceptualized differently in different fields. Some conceptions see the worl ...

started a take-over of Osprey, completed in 2001 when the LNG segments of Osprey were transferred to Golar LNG. It was listed on the Oslo Stock Exchange in 2001 and NASDAQ in 2002, 30 August 2012 it was delisted from Oslo Stock Exchange. In June 2015, Golar LNG announced a joint venture with Stolt-Nielsen to pursue production and distribution opportunities. The latter also made a strategic investment in the former, acquiring a 2.3 percent stake. Golar LNG Partners LP operates the world's first regasification vessel ''

Golar Spirit ''Golar Spirit'' is a Floating Production Storage and Offloading, floating storage and regasification unit (FSRU). It is the world's first FSRU converted from a LNG carrier, liquefied natural gas (LNG) carrier. History ''Golar Spirit'' was bui ...

'' converted from an LNG carrier.

References

External links

* {{Authority control Shipping companies of the United Kingdom Gas shipping companies Companies formerly listed on the Oslo Stock Exchange