Sept 27 (LNGJ) - UK equity fund Praxient has acquired a further 201,459 ordinary shares in Flex LNG, which recently settled a financial dispute with South Korea shipbuilder Samsung Heavy Industries. Part of the SHI settlement deal was for the Oslo-listed company to order two 174,000 cubic metres capacity LNG carriers for delivery in 2017.
Praxient ups stake in Flex LNG
Written by John McKay
Friday, 27 September 2013
Free Read
Last modified on Friday, 27 September 2013 07:43
font size
Published in
News in brief
Latest from John McKay
- Italian gas grid and LNG terminals operator SNAM makes progress in acquiring more natural gas storage
- US equipment and services firm Baker Hughes buoyed by orders for Algerian gas field and Australian LNG
- Italy’s Enel utility reports drop in revenues from natural gas to power businesses in Europe and South America
- TechnipFMC increases earnings as orders grow for oil and gas and LNG projects to. boost the backlog
- Golden Pass advances
Related Video
Free Read
