Big earnings have been forecast at Golar Power as it lines up 'highly attractive' LNG projects in South America.

Fearnley Securities has reiterated its buy rating on New York-listed parent Golar LNG as a result.

"Golar’s ultimate goal has never changed. It is about cheaper and cleaner energy solutions," analysts Espen Landmark Fjermestad, Peder Nicolai Jarlsby and Ulrik Mannhart said.