Golar LNG shares were on the rise this morning in New York after the shipowner announced a key development in an FLNG project.
Golar’s stock was up over 4% as investors digested news of a detailed umbrella agreement setting out the legal and financial framework for the Fortuna project.
Golar, which is involved in the Equatorial Guinea development via its OneLNG venture with Schlumberger, expects a final investment decision by the middle of this year.
