Cameroon: Golar to acquire New Fortress’ Hilli FLNG stake


Issue 478 - 17 Feb 2023 | 1 minute read

Nasdaq- and London Stock Exchange-listed Golar LNG said on 8 February that it would acquire New York-headquartered New Fortress Energy (NFE)’s stake in the floating liquefied natural gas (FLNG) vessel Hilli Episeyo. Golar will purchase NFE’s 50% interest in Hilli Episeyo’s trains one and two in return for $100m in cash and the 4.1m NFE shares it holds. The transaction is scheduled to close in Q1 2023.

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