Golar LNG receives Limited Notice to Proceed for an FLNG vessel for Phase 1 of the Greater Tortue / Ahmeyim Project, West Africa

Hamilton, Bermuda - December 17, 2018

Golar LNG Limited ("Golar LNG" or "Golar") announced today that it has received a Limited Notice to Proceed ("LNTP") from BP Mauritania Investments Ltd and BP Senegal Investments Ltd, (together "BP") in their capacity as block operators, in respect of the provision of a Floating Liquefaction Vessel ("FLNG") to support the development of Phase 1 of the Greater Tortue / Ahmeyim field, located offshore Mauritania and Senegal.

The LNTP is in furtherance of the Preliminary Agreement and Heads of Terms for a Charter Agreement with BP which was announced by Golar on April 19, 2018.

The vessel conversion would take place at Keppel Shipyard Ltd ("Keppel") building on Keppel's delivery of the FLNG Hilli Episeyo, utilizing Black and Veatch Corporation's PRICO technology. Discussions regarding a minority investment in the vessel are also being progressed.

Golar LNG Limited press release