Fredriksen Group
- Offshore
Aquadrill secures $94m Gulf of Mexico contract
Aquadrill, formerly Seadrill Partners, an affiliate of John Fredriksen’s Seadrill Limited, has entered into a charter hire agreement with Diamond…
Read More » - Dry Cargo
Golden Ocean orders three kamsarmaxes in China
Golden Ocean Group has managed to bag some comparatively early delivery slots in China, revealing today orders for three kamsarmaxes.…
Read More » - Tankers
SFL snaps up suezmax trio
John Fredriksen’s SFL Corporation has struck a deal to acquire three 2019-built suezmax tankers in combination with long-term time charters…
Read More » - Finance and Insurance
Seadrill set to emerge from chapter 11 after court approves restructuring plan
John Fredriksen-controlled offshore driller Seadrill has received approval from a court in Texas for its proposed restructuring plan, setting the…
Read More » - Finance and Insurance
John Fredriksen further reduces stake in Seadrill
John Fredriksen continues to divest his stake in the financially troubled offshore driller Seadrill, reducing ownership to just under 20%.…
Read More » - Gas
John Fredriksen to take control of Avance Gas
John Fredriksen has moved to take full control of Avance Gas. The Norwegian tycoon’s privately held Hemen Holding bought more…
Read More » - Tankers
Barstad confirmed as Macleod’s successor at Frontline
John Fredriksen’s tanker company Frontline has decided to stick with Lars Barstad as CEO. Barstad has been acting as an…
Read More » - Dry Cargo
Golden Ocean quits cape pool
John Fredriksen’s dry bulk venture Golden Ocean has quit a cape pool it has been involved in for the last…
Read More » - Offshore
Seadrill comes up with new rescue plan
Financially troubled offshore driller Seadrill has reached an agreement with most of its lenders on a new rescue plan that…
Read More » - Offshore
Rival drillers surround Seadrill assets as it looks to exit bankruptcy
Offshore drillers Noble Corporation and a Transocean-led consortium are reportedly bidding to snap up assets from their restructuring rival Seadrill.…
Read More » - Offshore
Aquadrill awarded drillship contract by Equinor
Aquadrill, formerly Seadrill Partners, an affiliate of John Fredriksen’s Seadrill Limited, has secured a one-well contract with Equinor for the…
Read More » - Offshore
Seadrill sells jackup rig to PT Duta Marine
John Fredriksen’s offshore drilling firm Seadrill has agreed to sell its 2008-built jackup rig to Indonesia’s PT Duta Marine. The…
Read More » - Offshore
Glen Ole Rødland resigns as chairman of Seadrill
Offshore drilling contractor Seadrill said Monday that Glen Ole Rødland will be stepping down as chairman with immediate effect. Rødland…
Read More » - Offshore
Seadrill Partners emerges from chapter 11
Seadrill Partners, an affiliate of John Fredriksen’s Seadrill Limited, has emerged from chapter 11 after completing its reorganisation plan. The…
Read More » - Tankers
Frontline pays $566m for six HHI resale VLCCs
John Fredriksen’s Frontline has acquired six Central Mare VLCC tankers, currently under construction at Hyundai Heavy Industries (HHI). The company…
Read More » - Gas
Flex LNG seals three-year time charter
John Fredriksen’s Flex LNG has secured a three-year time charter for 2019-built 173,400 cbm LNG carrier . The charter, with…
Read More » - Maritime CEO
Flex LNG: Flexible by nature
Norwegian LNG shipping specialist Flex LNG is eyeing a new round of expansion, taking advantage of the promising outlook of…
Read More » - Offshore
Seadrill seals drillship contract with Equinor in Brazil
John Fredriksen’s Seadrill has secured a contract with Equinor for the utilisation of the 2014-built West Saturn drillship on the…
Read More » - Gas
Avance Gas adds two VLGCs at DSME
Norwegian VLGC pure-play owner Avance Gas has increased its newbuilding program at South Korea’s DSME from four to six 91,000…
Read More » - Gas
Flex LNG charters four LNG carriers to Cheniere
John Fredriksen’s Flex LNG has entered into agreements to charter four LNG carriers to Cheniere Marketing International, with an option…
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