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Golar Power

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Golar Power
Websiteurl
golar.com
Company typeenum
Private
Founded yearstring
-
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
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Social media profiles1 record
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Golar Power

golar.com

Golar Power firmographics

Firmographics
Name
Golar Power
Website
https://golar.com
Company type
Private
Headcount range
1–10 employees
Ownership category
akta.pro rank

Golar Power technology and API

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Golar Power funding detail

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Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Golar Power M&A and investment

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M&A

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M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Golar Power

When was Golar Power founded?

Golar Power was founded in -1. It employs 1 to 10 people.

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GlobeNewswireGolar LNG Partners LP and Golar Power Ltd. enter into cooperation agreement to develop LNG terminals from Golar LNG Partners LP’s asset portfolioGolar LNG Partners LP and Golar Power Ltd. signed a cooperation agreement to develop hub-spoke LNG terminal solutions using Golar Partners' asset portfolio. The terms will be set project by project, and the agreement terminates an existing Omnibus agreement. The partnership aims to increase re-contracting options and potentially earn higher returns than standard FSRU contracts.GlobeNewswireGolar Power partners with Galileo and introduces Bio-LNG in BrazilGolar Power signed an agreement with Galileo Technologies to provide LNG liquefaction solutions, including two production clusters. The first cluster produces 30 tons of LNG daily from a mature gas field in Bahia, while the second captures biomethane from landfills in Sao Paulo, producing up to 15 tons of Bio-LNG daily. Operations are expected to start in 2020.GlobeNewswireGolar Power completes 96 hour reliability test at 1.5GW Sergipe Power PlantGolar Power completed a 96-hour reliability test at the 1.5GW Sergipe Power Plant, supplying maximum load to the National Interconnected System. The test, the final requirement of the National System Operator, was completed at 03:00am GMT on March 17, 2020, enabling commercial operations under 25-year power purchase agreements.GlobeNewswireGolar Power signs a Protocol of Intentions with the State Government of Pernambuco to develop an LNG import terminal in the Port of Suape, Brazil.Golar Power signed a Protocol of Intentions with the State Government of Pernambuco to develop an LNG import terminal in the Port of Suape, Brazil. Operations are scheduled for the second half of 2020, with initial trucked volumes estimated at 800 m3 of LNG per day. Final development depends on regulatory approvals and commercial agreements.GlobeNewswireGolar Power forms Partnership with BR DistribuidoraGolar Power and BR Distribuidora announced a partnership to develop LNG distribution in Brazil, using BR's fuel network and Golar's LNG terminals. BR plans to replace about 5,000 diesel trucks with LNG-powered ones, aiming for 20% annual fleet replacement. The partnership targets regions not supplied by gas pipelines.GlobeNewswireInterim Results for the Period Ended September 30, 2019Golar LNG reported a Q3 2019 operating loss of $13.7 million and net loss of $82.3 million, with total operating revenues of $98.7 million. The company awarded a 25-year PPA for a 605MW power plant in Brazil and expects shipping TCE earnings to rise to $75,000–$80,000 per day in 4Q.GlobeNewswireGolar Power reaches a Final Investment Decision on Sergipe Power Project and signs 25 year FSRU agreementGolar Power approved a Final Investment Decision on the Porto de Sergipe power project in Brazil, enabling a 1.5 GW combined cycle plant. The project, with a BRL4.3 billion capital cost, will supply power to 26 off-takers for 25 years, and Golar Power increased its ownership to 50%.GlobeNewswireGolar Power reaches a final investment decision on Sergipe Power project and signs 25-year FSRU agreementGolar Power approved a final investment decision on the Porto de Sergipe project, enabling a 1.5 GW combined cycle plant in Brazil. The project, with a BRL4.3 billion capex, will supply power to 26 off-takers for 25 years, and Golar Power increased its ownership to 50%.GlobeNewswireInterim results for the period ended 30 June 2016Golar LNG reported a Q2 2016 operating loss of $37.1 million, down from $42.7 million in Q1, with EBITDA loss of $17.5 million versus $21.7 million. The company closed the Golar Power joint venture with Stonepeak, adding $103 million in liquidity, and formed OneLNG with Schlumberger. It expects shipping market recovery to reduce cash burn from Q3 onward.GlobeNewswireGolar Power transaction closesGolar Power's 50/50 partnership with Stonepeak closed on July 6, 2016, after a June 20 announcement. Golar LNG received $116 million from the sale of 50% of Golar Power shares, with about $104 million added to its liquidity after fees and working capital. Golar Power expects to convert its first LNG carrier to a FSRU shortly.