Shares in Golar LNG saw their largest one-day drop as investors reacted negatively to news the company was dissolving its partnership with oil services giant Schlumberger due to financing delays for one floating LNG project.
But several equity analysts came out in defense of the gas ship owner saying Golar LNG has far better prospects in other projects.
Golar LNG saw its equity value fall by one quarter yesterday, wiping out over $900m of market value.
