28 March 2024
Golar questions BP’s motives for declaring force majeure on Tortue FLNG vessel lease
Publication date: 08 April 2020
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BP has declared force majeure on its lease agreement with Golar LNG to delay completion of the 2.5 mtpa Tortue floating liquefaction (FLNG) project for a year until 2023, citing “business impacts due to Covid-19” – prompting a terse response from Golar. While the delay is ostensibly due to travel restrictions causing construction contractors to miss this year’s weather window, the news sparked speculation that ...
Image: BP