Newly unveiled LNG carrier shipowner Cool Company (CoolCo) is planning to raise $250m through a private share offering as it limbers up for an Oslo stock listing.

Tor Olav Troim-controlled Golar LNG, which announced its long-planned spin-off of its LNG ship assets in a tie-up with Idan Ofer-led Eastern Pacific Shipping in mid-December, said the offer price on the new shares in CoolCo will be $10 each.