Search results for: FLEX LNG

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  • 23 December 2010

    FLEX LNG Announced that the company is in discussions with SHI to restructure the commercial relationship between the two companies. FLEX LNG and SHI have in December 2010 completed initial discussions to agree upon a process with a target to sign binding amended terms to the commercial relationship between FLEX LNG and SHI by the […]

  • 11 April 2011
    Project & Tenders

      FLEX LNG announced that agreements have been executed with InterOil, Pacific LNG, LNGL and Samsung Heavy Industries for an FLNG project that would liquefy natural gas from the onshore Elk and Antelope gas fields in the Gulf Province in PNG. Commencement of operations is targeted for 2014. FLEX LNG has already completed the generic […]

  • 23 January 2012

    FLEX LNG  would like to provide shareholders with an update regarding the status of ongoing discussions with the sponsors of the Gulf LNG Project and Samsung Heavy Industries (“SHI”). As previously disclosed, FLEX LNG and SHI successfully completed Front End Engineering and Design (“FEED”) in December 2011 for the FLNG vessel for the Gulf LNG […]

  • 24 September 2014

    John Fredriksen’s Geveran Trading has purchased about 15.5 milion shares in Flex LNG. “The Board of Directors of Flex LNG believes that Geveran’s investment in Flex LNG serves to illustrate the value potential in the company and is looking forward to a positive dialogue with Geveran as the largest shareholder of Flex LNG,” the company said in a statement […]

  • 7 March 2013
    Business & Finance

    FLEX LNG provides an update to the shareholders regarding the ongoing dispute with Samsung Heavy Industries (SHI). As previously announced, FLEX LNG considers the four shipbuilding contracts and the EPCIC that were entered into with SHI in 2008, to have been abandoned. FLEX LNG has requested that SHI repays a net amount in excess of […]

  • 11 April 2011

      InterOil Corporation yesterday announced that InterOil and Pacific LNG Operations Ltd., have executed agreements, conditional upon Flex shareholder approval and final FID, with Samsung Heavy Industries and FLEX LNG Ltd. related to the construction and operation of a 2 million tonne per annum (mtpa) floating liquefied natural gas (LNG) processing vessel (FLNG). The FLNG […]

  • 23 January 2012
    Business & Finance

    FLEX LNG provide update regarding the status of ongoing discussions with the sponsors of the Gulf LNG Project and Samsung Heavy Industries. As previously disclosed, FLEX LNG and SHI successfully completed Front End Engineering and Design (“FEED”) in December 2011 for the FLNG vessel for the Gulf LNG Project. The company has taken the technical […]

  • 7 March 2013

    FLEX LNG provides an update to the shareholders regarding the ongoing dispute with Samsung Heavy Industries (SHI). As previously announced, FLEX LNG considers the four shipbuilding contracts and the EPCIC that were entered into with SHI in 2008, to have been abandoned. FLEX LNG has requested that SHI repays a net amount in excess of […]

  • 29 May 2018
    Project & Tenders

    Oslo-listed Flex LNG, the shipping company controlled by billionaire John Fredriksen, said it entered a deal on Monday to buy two 174,000-cbm X-DF LNG carrier newbuildings under construction at South Korea’s Hyundai Heavy Industries. Flexh LNG said it in its first-quarter report it would buy the vessels from an affiliate of Geveran for an “attractive” price of $184 million […]

  • 8 January 2015

    After completing the takeover of Flex LNG on December 18, Geveran Trading has continued to purchase company shares.

  • 24 December 2014

    Geveran Trading will hold 81.94% shares in Flex LNG following the expiry of the acceptance period of the offer.

  • 29 April 2019
    Vessels

    Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business has entered into a sale-charter back transaction with Hyundai Glovis for the vessels Flex Endeavour and Flex Enterprise.

  • 13 February 2013

    FLEX LNG said that its Board of Directors has resolved to issue 468,810 new shares to the members of the Board of Directors for the period 1 July 2012 to 31 December 2012, as part of their remuneration for that period. FLEX LNG announced this decision in accordance with the resolution by the shareholders at […]

  • 24 January 2013

    FLEX LNG provided an update regarding the status of the company’s investments with Samsung Heavy Industries (SHI) and the steps taken to secure shareholder value. SHI is currently holding, and has done so for a considerable time, significant funds on behalf of FLEX LNG. Since 2007 the sum of USD 458.7 million has been invested […]

  • 30 May 2017
    Vessels

    Flex LNG, the shipping company controlled by billionaire John Fredriksen, is set to add six new liquefied natural gas carriers to its fleet by 2019.

  • 11 October 2013

    FLEX LNG said it has has decided to commence a process to explore strategic alternatives that are available to the company. The outcome of such a process may be, inter alia, FLEX LNG being part of a business combination; a full or partial sale of the company or its assets; or FLEX LNG entering into […]

  • 9 June 2011

      FLEX LNG announced that Ms. Kathleen Eisbrenner has decided to resign from the position as Director of FLEX LNG Ltd with immediate effect. The resignation is due to personal reasons. About FLEX LNG Ltd. FLEX LNG was incorporated in 2006 and is listed in Norway under the ticker code FLNG. The Company was incorporated […]

  • 23 January 2012

    FLEX LNG today provided an update regarding the status of ongoing discussions with the sponsors of the Gulf LNG Project and Samsung Heavy Industries (SHI). As previously disclosed, FLEX LNG and SHI successfully completed Front End Engineering and Design (FEED) in December 2011 for the FLNG vessel for the Gulf LNG Project. The company has […]

  • 1 November 2018

    Flex LNG, an emerging player in the LNG shipping business, appointed Harald Gurvin as a chief financial officer of Flex LNG Management, the main management company of the Flex LNG group.

  • 25 November 2019

    Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, has taken over management of its first LNG carrier, the Flex Enterprise.

  • 7 March 2018

    Flex LNG, an emerging player in the LNG sector said that Geveran Trading, another John Fredriksen controlled company settled total return swap (TRS) agreements underlying 810,000 shares in Flex LNG, expiring March 6.

  • 11 December 2018
    Business & Finance

    DMSE has launched Flex Courageous, Flex LNG’s 173,400 cbm LNG carrier newbuild.