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SUBSIDIARIES
12 Months Ended
Dec. 31, 2021
SUBSIDIARIES [Abstract]  
SUBSIDIARIES
4.SUBSIDIARIES

The following table lists our significant subsidiaries and their purpose as at December 31, 2021. Unless otherwise indicated, we own a 100% ownership interest in each of the following subsidiaries.

NameJurisdiction of IncorporationPurpose
Gimi Holding Company Limited (1)
BermudaHolding company
Golar Shoreline LNG LimitedBermudaHolding company
Golar Hilli LLC (2)
Marshall IslandsHolding company
Golar LNG Energy LimitedBermudaHolding company
Golar Hull M2022 Corporation  Marshall Islands
Leases Golar Crystal*
Golar LNG NB10 CorporationMarshall Islands
Leases Golar Glacier*
Golar Hull M2048 CorporationMarshall Islands
Leases Golar Ice*
Golar LNG NB11 CorporationMarshall Islands
Leases Golar Kelvin*
Golar Hull M2021 Corporation Marshall Islands
Leases Golar Seal*
Golar Hull M2047 Corporation  Marshall Islands
Leases Golar Snow*
Golar Hull M2027 Corporation  Marshall Islands
Leases Golar Bear*
NameJurisdiction of IncorporationPurpose
Golar Hilli Corp. (2)
Marshall Islands
Leases Hilli Episeyo (“Hilli”)*
Golar LNG NB13 CorporationMarshall Islands
Owns and operates Golar Tundra
Golar LNG 2216 CorporationMarshall Islands
Owns and operates Golar Arctic
Golar LNG NB12 CorporationMarshall Islands
Owns and operates Golar Frost
Golar Gandria N.V.Curaçao
Owns and operates Golar Gandria
Gimi MS Corporation (3)
Marshall Islands
Owns Gimi
Golar Management (Bermuda) LimitedBermudaManagement company
Golar Management LimitedUnited KingdomManagement company
Golar Management Norway ASNorwayVessel management company
Golar Management Malaysia Sdn. Bhd.MalaysiaVessel management company
Golar Management D.O.OCroatiaVessel management company
Golar Viking Management D.O.OCroatiaVessel management company
Golar ML2 LLCBermudaHolding company

(1) In July 2019, Gimi Holding Company Limited was incorporated and is wholly owned by Golar LNG. In October 2019, Golar LNG transferred its ownership in Gimi MS Corporation to Gimi Holding Company Limited.
(2) In February 2018, Golar Hilli LLC was incorporated with Golar LNG as sole member. In June 2018, the Hilli was sold to a China State Shipbuilding Corporation entity (“CSSC”) entity that subsequently leased back the vessel on a bareboat charter for a term of 10 years. In July 2018, shares in Golar Hilli Corp. (a 89% owned subsidiary of Golar Hilli LLC) were exchanged for Hilli Common Units, Series A Special Units and Series B Special Units (note 5).
(3) In November 2018, Gimi MS Corporation (Gimi MS Corp) was incorporated with Golar LNG as sole shareholder. In February 2019, the Gimi was transferred to Gimi MS Corp from Golar Gimi Corporation. In April 2019, First FLNG Holdings Pte. Ltd. (First FLNG Holdings), a wholly-owned subsidiary of Keppel Asia Infrastructure Fund, acquired a 30% share in Gimi MS Corp. See note 5 for further details.

* The above table excludes mention of the lessor variable interest entities (lessor VIEs) that we have leased vessels from under finance leases. The lessor VIEs are wholly-owned, newly formed special purpose vehicles (SPVs) of financial institutions. While we do not hold any equity investments in these SPVs, we have concluded that we are the primary beneficiary of these lessor VIEs and accordingly have consolidated these entities into our financial results (note 5).