Excelerate takes outright ownership of four FSRUs

Excelerate Energy has completed the acquisition of EXMAR’s 50% interest in companies that own four floating storage and re-gasification units.
Dec. 8, 2017

Offshore staff

ANTWERP, Belgium – Excelerate Energy has completed the acquisition of EXMAR’s 50% interest in companies that own four floating storage and re-gasification units (FSRUs).

EXMAR has used some of the proceeds to pay back outstanding loans.

The company’s affiliate EXMAR Shipmanagement will continue to undertake management services for the nine FSRUs in Excelerate Energy’s fleet.

12/08/2017

Sign up for Offshore eNewsletters

Related

Importance of FSRUs for a dynamic LNG market
Barossa project offshore Australia enters final stretch