Seatrium secures contract to enhance Golar LNG ship for operations in Argentina

Written by Emily J. Thompson, Senior Investment Analyst

GLNG-0.05%

Source: SeekingAlpha

Updated: Aug 27 2025

0mins

Source: SeekingAlpha

Golar LNG's Upgrade Plans: Golar LNG has chosen Seatrium to upgrade its floating liquefied natural gas production unit, Hilli Episeyo, before its deployment off the coast of Argentina next year.
Upcoming Work Schedule: The Hilli Episeyo will enter Seatrium's yard in Q3 2026 for engineering, procurement, repairs, and winterization, preparing it for redeployment.
New Deployment Location: The FLNG unit will be redeployed at a gas development project in the Gulf of San Matias, Argentina, to liquefy gas from the Vaca Muerta shale formation for 20 years, starting operations in 2027.
Arbitration Proceedings: Separately, Keppel has initiated arbitration against Seatrium over a S$68.4M (~US$53.3M) claim related to corruption issues in Brazil.

GLNG

$40.46+Infinity%1D

Analyst Views on GLNG

Wall Street analysts forecast GLNG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLNG is 55.00 USD with a low forecast of 55.00 USD and a high forecast of 55.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Analyst Rating

1 Buy

0 Hold

0 Sell

Moderate Buy

Current: 40.480

Low

55.00

Averages

55.00

High

55.00

Current: 40.480

Low

55.00

Averages

55.00

High

55.00

Goldman Sachs

Buy

maintain

$54 -> $55

2025-11-10

Reason

Goldman Sachs

Price Target

$54 -> $55

AI Analysis

2025-11-10

maintain

Buy

Reason

Goldman Sachs raised the firm's price target on Golar LNG to $55 from $54 and keeps a Buy rating on the shares. The firm came away from Golar LNG's Q3 earnings more constructive, as it benefits from its transition to a fully contracted floating LNG model and growth opportunities in the broader FLNG market, the analyst tells investors in a research note.

Goldman Sachs

NULL -> Buy

initiated

$54

2025-09-29

Reason

Goldman Sachs

Price Target

$54

2025-09-29

initiated

NULL -> Buy

Reason

Goldman Sachs initiated coverage of Golar LNG with a Buy rating and $54 price target. The company is the only public pure-play owner and operator of floating LNG - FLNG - production units, and the firm views FLNG as a compelling market niche with economics that appear increasingly competitive relative to larger-scale onshore facilities and with an ability to target stranded, lower-cost gas supply sources, the analyst tells investors in a research note.

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B. Riley

Buy -> Neutral

downgrade

$44.50

2025-08-25

Reason

B. Riley

Price Target

$44.50

2025-08-25

downgrade

Buy -> Neutral

Reason

B. Riley downgraded Golar LNG to Neutral from Buy with an unchanged price target of $44.50. The firm cites valuation for the downgrade with the shares above the price target. Golar LNG's future projects should generate strong cash flow, but this is now reflected in its valuation, the analyst tells investors in a research note.

BTIG

Buy

maintain

$45 -> $50

2025-05-28

Reason

BTIG

Price Target

$45 -> $50

2025-05-28

maintain

Buy

Reason

BTIG raised the firm's price target on Golar LNG to $50 from $45 and keeps a Buy rating on the shares. The company's Q1 adjusted EBITDA missed estimates on higher operating costs, though Golar LNG made strides towards long-term employment for its three FLNGs - floating LNGs - following quarter-end, with the Gimi entering the last stages of commissioning, the analyst tells investors in a research note. Golar management is also in advanced commercial discussions with several operators for newbuilds with capacity of 2.5-5.0 mtpa, and noted that some operators are interested in an equity stake in a potential FLNG, the firm added.

About GLNG

Golar LNG Limited designs, owns and operates marine infrastructure for the liquefaction of natural gas and the regasification, storage and offloading of liquefied natural gas (LNG). Its fleet consists of two floating liquefaction natural gas vessels (FLNGs). The Company’s segments include FLNG, Corporate and Other, and Shipping. The FLNG segment covers operations of FLNG vessels and projects. It converts LNG carriers into FLNG vessels or builds new ones and contracts them to customers. This segment includes vessels such as FLNG Hilli, FLNG Gimi, and MKII FLNG. The Shipping segment focuses on the operations of transportation of LNG carriers. The Corporate and Other segment includes administrative tasks and ship operation and maintenance services. It also provides FLNG commercial, operational and technical support, crew management services and supervision, corporate secretarial, accounting, and treasury services. It operates in Bermuda, the United Kingdom, Norway, Cameroon, and Croatia.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.