Golar LNG has a few offers for the Hilli Episeyo when it comes off charter in 2026.
The Tor Olav Troim-backed floating LNG unit owner said in its third-quarter earnings release that several counterparties and gas field owners are interested in taking the vessel on once it finishes its charter with Perenco Cameroon.
The company appears to have a few suitors in mind, disclosing that it is in “detailed commercial discussions” with three and hopes to make a decision by 2024.
In October, the Hilli Episeyo, referred to as the Hilli by Golar LNG, offloaded its 100th cargo while working offshore Cameroon and on 15 November its 102nd.
The company has touted the vessel’s “market-leading operational track record” as it drove $73m of Ebitda into Golar LNG’s coffers.
It said it is also ready to move forward with the $2bn conversion of the 148,000-cbm Fuji LNG (built 2004) to a FLNG unit starting early next year following the completion of engineering and design work.
The company said it continues to pursue opportunities in West Africa — where its newly finished FLNG Gimi is sailing following its completion in Singapore over the weekend — and is receiving interest from the Americas, as well.
For the quarter, Golar LNG reported a $114m profit, down from $175m for the same period last year, as revenue dipped to $67m from $68m.
The results were partially hindered by lower Brent crude oil and Dutch TTF prices, bringing down the Hilli Episeyo’s Ebitda contribution by $6m during the quarter.
The company said for the rest of the year, it can expect $23m in Ebitda for the fourth quarter as prior TTF hedges unwind.