Oil and gas company Perenco has bought a near 10% stake in floating LNG production-focused Golar LNG, which currently provides the unit for its operations in Cameroon.
In an exchange announcement today, Golar said Perenco’s holding company Naria has bought 9.9% of its shares in the open market, with half of these purchased and the other 50% as an option to be settled within 60 days.
