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Investments in Affiliates and Joint Ventures | 6 Months Ended
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Jun. 30, 2018
Investments, Debt and Equity Securities [Abstract] |
Investments in Affiliates and Joint Ventures | INVESTMENTS IN AFFILIATES AND JOINT VENTURES
| Six Months Ended June 30,
(in thousands of $) | 2018 |  | 2017 |
Share of net earnings (losses) in Golar Partners (1) | 8,630 |  | (2,906 | )
Share of net loss in Golar Power | (12,861 | ) | (7,461 | )
Share of net loss in OneLNG | (2,047 | ) | (3,126 | )
Share of net earnings in Egyptian Company for Gas Services ("ECGS") | 63 |  | 300 |
| (6,215 | ) | (13,193 | )
(1) For the six months ended June 30, 2017, our share of net earnings (losses) in Golar Partners includes a non-cash loss on deemed disposal of $17.0 million, being the dilutive impact on our ownership interest due to further issuances of common units by Golar Partners in February 2017. The carrying amounts of our investments in our equity method investments as at June 30, 2018 and December 31, 2017 are as follows:
(in thousands of $) | June 30, 2018 |  | December 31, 2017 |
Golar Partners | 444,525 |  | 467,097 |
Golar Power | 258,690 |  | 228,696 |
OneLNG (1) | — |  | 2,047 |
ECGS | 5,449 |  | 5,385 |
Equity in net assets of affiliates | 708,664 |  | 703,225 |
(1) The delays in finalizing a debt financing package for the Fortuna FLNG project, together with other capital and resource priorities, has resulted in a decision from Schlumberger to end their participation in the project. Golar and Schlumberger, as a result of this, plan to wind down OneLNG and work on FLNG projects as required on a case-by-case basis. As a result, we have written down our investment in OneLNG to $nil at June 30, 2018.

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI http://asc.fasb.org/topic&trid=2196965 + Details
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- References No definition available. + Details
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