NEWS

LNG Ship at Sea

WFW advises Golar LNG Energy Limited on its acquisition of Bluewater Gandria N.V.

6 February 2012

The Singapore office of Watson, Farley & Williams LLP (“WFW”), a leading international law firm, is pleased to announce that it has advised Golar LNG Energy Limited (“Golar”) on its acquisition of 50% of the entire issued share capital of Bluewater Gandria N.V. (the “Company”) from Bluewater Floating Production B.V. (“Bluewater”).

The consideration paid by Golar to Bluewater for the transaction was US$19,500,000.

The transaction resulted in Golar becoming the sole shareholder of the Company that owns the entire interest in the LNG Carrier known as the “Gandria”.

This was a complex cross-border transaction which involved various entities from Bermuda, the Netherlands and Curaçao.

The WFW Singapore team consisted of partner Chris Lowe, senior associate Ivan Chia and associate Meishuang Tay.