FLEX LNG Ltd Company News

Recent Articles

Results 23 articles shown

Flex LNG Steers Away From Floating Units As Challenges Emerge
Flex LNG has dropped its interest in operating floating regasification units due to project failures and low returns.
8:00 PM EST | May 28, 2018
FLEX LNG: Seismic Survey Spies 3Tcf of Gas Resources
FLEX LNG reported the 2D seismic survey for JPDA 06-101(A) IDs the potential for more than 3 trillion cubic feet (tcf) of gas resources.
8:00 PM EST | June 15, 2010
Asian Firms Aim for First Offshore LNG Output
Kawasaki Kisen is looking to help fire up the world's first offshore liquefied natural gas production platform in 2014 for Thailand's state-owned oil and gas company.
8:00 PM EST | April 20, 2010
Shell Plans $5B Floating LNG Off W Australia
Royal Dutch Shell said Thursday it has commenced site-specific design work for what could be the world's first operational floating liquefied natural gas platform.
8:00 PM EST | October 07, 2009
FLEX, Samsung Heavy Industries Change Contracts for LNG Producers
FLEX LNG and Samsung Heavy Industries have agreed to make changes to the construction contracts for four LNG Producer units currently on order.
7:00 PM EST | January 21, 2009
Kanfa to Build LNG Production Topside for World's First FLNG Vessel
Kanfa signed a contract with Samsung Heavy Industries in Korea for the development of a LNG production topside to the world's first Floating Liquified Natural Gas Production Vessel.
7:00 PM EST | January 21, 2009
First Floating LNG Plant Wins Approval, Awaits Final Investment Decision
The world's first floating liquefaction project received approval from the Nigerian government and a final investment decision from partners on the project is nearing.
7:00 PM EST | December 22, 2008
FLEX, Rift to Select LNG Offtaker, Partner for PNG Project
FLEX LNG and Rift Oil have started the process of selecting a LNG offtaker and integrated partner for the floating liquefaction project offshore Papua New Guinea.
7:00 PM EST | November 17, 2008
FLEX Inks EPCIC Contract with SHI for Floating Liquification Unit
FLEX LNG signed an EPCIC contract with SHI for the world's first floating liquefaction unit. The EPCIC contract will provide FLEX LNG with a lump-sum turn-key delivery from SHI with sail-away from the yard in 3Q 2011.
8:00 PM EST | September 17, 2008
Wartsila-Hyundai Engine Co. Snags Major Order to Build FPSO Engines
Wartsila-Hyundai Engine Company Ltd. received a major order for a total of 16 Wartsila 50DF-engines for four ships to be built by Samsung Heavy Industries and installed on FPSO vessels ordered by FLEX LNG.
8:00 PM EST | August 05, 2008
FMC Bags Award to Supply FLEX with 4 LNG Offloading Systems
FMC Technologies received an award from Samsung Heavy Industries to supply its customer, Flex LNG, with four liquid natural gas offloading systems.
8:00 PM EST | August 05, 2008
FLEX LNG Elects Hiromichi Aoki to Board
FLEX LNG announced that Hiromichi Aoki has accepted a seat on the Board of Directors of FLEX LNG LTD after being elected by a majority of the shareholders through a shareholder resolution passed on July 21, 2008.
8:00 PM EST | July 20, 2008
FLEX, SHI Ink LOI for LNG Production Topside
FLEX LNG signed a Letter of Intent with Samsung Heavy Industries for entering into an Engineering Procurement Construction Installation and Commissioning contract for one complete LNG production topside with options for additional units.
8:00 PM EST | July 08, 2008
FLEX Fluctuates New Issue Up to $350MM
FLEX LNG will utilized the option to increase the new issue up to $350 million and will utilize the exemption available in the Securities Trading Act art. 7-2.
8:00 PM EST | June 26, 2008
Rift, FLEX Ink HOA for Floating Liquefaction Project Offshore PNG
Rift Oil has signed a HOA with FLEX LNG for a floating liquefaction project offshore Papua New Guinea. The companies hope to commercialize on potential gas reserves from Rift's acreage onshore Papua New Guinea.
8:00 PM EST | June 10, 2008
Flex LNG Inks Deal to Develop Nigerian Floating Liquefaction Project
Flex LNG Ltd. has signed a Heads of Agreement with Mitsubishi Corporation and Peak Petroleum Industries Nigeria Ltd to jointly develop and market the world's first floating liquefaction project offshore Nigeria.
8:00 PM EST | June 08, 2008
Flex LNG Orders LNG Producer Unit from Samsung Heavy Industries
Flex LNG has signed a LOI with a LNG market participant for one of Flex LNG’s LNG Producer (LNG/P) units on order at Samsung Heavy Industries (SHI) in South Korea.
7:00 PM EST | November 29, 2007
Peak to Use Flex LNG Producer Concept at Bilabri & Orobiri Fields
FLEX LNG Ltd. has signed an MOU with Peak Petroleum for the joint development of the Bilabri and Orobiri natural gas reserves using FLEX LNG's LNG Producer concept.
7:00 PM EST | November 14, 2007
Flex LNG Orders Third SPB LNG Vessel
Flex LNG has ordered an additional 90,000 m3 SPB LNG vessel from Samsung Heavy Industries (SHI).
8:00 PM EST | October 18, 2007
FLEX LNG Announces Indicative Price Range
FLEX LNG Ltd. says the Board has set an indicative price range of NOK 20 - 25 per share in the ongoing private placement.
8:00 PM EST | September 02, 2007
Flex LNG Completes MoU for Floating Liquefaction Project
Flex LNG Ltd has concluded a MOU with a leading international energy corporation for a floating liquefaction project.
8:00 PM EST | August 29, 2007
FLEX LNG to Undertake Private Placement of US$170 New Equity
FLEX LNG intends to undertake a private placement of up to USDm 170 of new equity.
8:00 PM EST | August 15, 2007
FLEX LNG Ltd Conducts FEED Study for the M-FLEX LNG Producer
FLEX LNG Ltd says that a Front End Engineering and Design (FEED) study for the M-FLEX LNG Producer (M-FLEX LNG/P) is well under way and will be completed within the third quarter of 2007.
8:00 PM EST | May 20, 2007