Tor Olav Troim-led Golar LNG and its partner Singaporean partner Keppel Capital in a floating LNG (FLNG) production unit for BP are paying Keppel Shipyard a $50m incentive payment to ensure the floater delivers on time.

In its second-quarter results statement, Golar said the conversion of the 126,000-cbm LNG carrier Gimi (built 1976) into a 2.3