Golar LNG Commits $2.45 Billion to Fourth FLNG Unit as Offshore Energy Contracts Flow

## Golar LNG Places $2.45 Billion Order for Fourth FLNG Unit Golar LNG has significantly advanced its floating LNG expansion strategy, signing a $2.45 billion engineering, procurement, and construction (EPC) contract with Yantai CIMC Raffles Offshore for its fourth FLNG vessel, according to Offshore Energy. The new unit will be the second vessel built to Golar's MKII design, reflecting the Bermuda-headquartered company's confidence in the standardised hull and topsides configuration it has been refining across its growing fleet. The MKII design is understood to offer improved liquefaction capacity and operational efficiency compared to earlier conversions in Golar's portfolio. The order underscores sustained demand for floating LNG infrastructure as gas producers and buyers seek flexible, capital-efficient solutions to monetise stranded or remote gas reserves without committing to fixed onshore liquefaction terminals. Golar has established itself as one of the leading independent FLNG operators globally, with assets deployed across West Africa and plans for further project development. CIMC Raffles, based in Yantai, China, has built a strong track record in complex offshore construction, making it a natural partner for a project of this scale and technical complexity. --- ## POSH Wins Arabian Gulf Contract Supporting Subsea7 In a separate development reported by Offshore Energy, Singapore-based PACC Offshore Services Holdings (POSH) has secured a contract to provide offshore marine support services to Subsea7 in the Arabian Gulf. Full contract terms were not disclosed, but the award adds to POSH's growing portfolio of work in the Middle East, a region that has seen sustained investment in offshore oil and gas infrastructure. POSH, a subsidiary of the Pacific International Lines group, operates a diversified fleet of offshore support vessels and has been actively pursuing work across key international markets. Partnering with a major subsea contractor such as Subsea7 positions the company to support pipeline installation, inspection, repair, and maintenance activities in one of the world's most active offshore regions. --- ## Industry Context Together, these developments reflect continued momentum in the offshore energy sector, particularly in LNG infrastructure and subsea services. The Golar order is one of the largest single FLNG construction commitments in recent years and signals that appetite for floating liquefaction capacity remains robust despite broader energy market uncertainties. Meanwhile, the POSH-Subsea7 collaboration highlights the ongoing demand for specialised offshore support in the Arabian Gulf, where national oil companies continue to invest heavily in production capacity.