The 12 closest competitors and alternatives to FLEX LNG Ltd. among oil & gas companies — ranked by similarity to what FLEX LNG Ltd. actually does, not by market-cap band.
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FLEX LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of December 31, 2025, its fleet consists of 13 LNG carriers in operation. The company was incorporated in 2006 and is based in Hamilton, Bermuda.
FLEX LNG Ltd. is an oil & gas company headquartered in Hamilton, Bermuda. It is publicly listed (FLNG) with a market capitalisation of $1.7B. Xcout tracks 13 named people at FLEX LNG Ltd., including Lars Pedersen (Chief Technical Officer of Frontline Management & MD of Flex Fleet Management).
7 more named people on record for FLEX LNG Ltd., with roles, board committees and tenure — see the full roster →
Ranked by semantic similarity — how close each company is to FLEX LNG Ltd. by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Similar oil & gas company
Golar LNG Ltd. owns and operates liquefied natural gas carriers, floating storage, and regasification unit. It operates through the following segments: Vessel Operations, FLNG, and Power. The Vessel Operations segment operates and charter out vessels on fixed terms to customers. The FLNG segment provides integrated upstream and midstream solution for the development of gas reserves to LNG. The Power segment integrated LNG based downstream solutions, through the ownership and operation of FSRUs and associated terminal and power generation infrastructure. The company was founded on May 10, 2001 and is headquartered in Hamilton, Bermuda.
Similar oil & gas company
Venture Global, Inc., a liquefied natural gas (LNG) company, engages in the ownership, development, construction, and operation of LNG production facilities and associated infrastructure in the U.S. Gulf Coast. The company is involved in LNG production, natural gas transportation, and regasification operations, as well as LNG sales and shipping business through LNG tankers. Its LNG projects include Calcasieu, Plaquemines, and CP2 projects. The company was founded in 2013 and is headquartered in Arlington, Virginia. Venture Global, Inc. operates as a subsidiary of Venture Global Partners II, LLC.
Similar oil & gas company
OMC Tankers Ltd. operates as a shipping company specializing in Very Large Crude Carriers (VLCCs). The company currently has a fleet of vessels under construction to serve the crude oil transportation sector.
Similar oil & gas company
CH Offshore Ltd is an owner-operator and ship manager of offshore support vessels, specifically operating anchor handling tug supply (AHTS) vessels for the offshore marine oil and gas sector. The company provides vessel operations, marketing, and management services globally for both its wholly-owned fleet and third-party vessel owners.
Similar oil & gas company
Gaztransport et Technigaz (GTT) designs and provides membrane containment systems used for the maritime transportation and storage of liquefied natural gas (LNG). The company serves shipyards, shipowners, and energy operators by offering engineering, consultancy, maintenance, and digital vessel performance solutions.
Similar oil & gas company
BW Offshore engineers and operates floating production, storage, and offloading (FPSO) systems and other floating energy infrastructure. The company serves global energy companies by delivering offshore production solutions for safe, efficient, and sustainable energy development worldwide.
Similar oil & gas company
Vallianz Holdings Limited is a Singapore-based provider of offshore marine support services, including offshore support vessels, vessel management, and related logistics and marine engineering services. It primarily serves companies involved in offshore oil and gas exploration, production, and associated energy projects.
Oil & Gas Services
MODEC, Inc. operates worldwide as a primary contractor, specializing in the entire process from engineering and procurement to construction and installation of advanced floating production systems. Its extensive portfolio encompasses a variety of marine-based solutions, including Floating Production Storage and Offloading (FPSO) vessels, Floating Storage and Offloading (FSO) units, Floating Liquefied Natural Gas (FLNG) facilities, and integrated floating platforms designed for storage, regasification, water desalination, and power generation. The company also develops Tension Leg Platforms (TLPs), production semi-submersibles, and cutting-edge mooring systems, among other technologies. Beyond development, MODEC provides comprehensive operation and maintenance services for these installations. Established in 1968 and headquartered in Tokyo, Japan, MODEC, Inc. is a subsidiary of Mitsui E&S Holdings Co., Ltd.
Similar oil & gas company
Martin Midstream Partners L.P., established in 2002 and headquartered in Kilgore, Texas, is a diversified energy logistics company operating primarily along the U.S. Gulf Coast. Through its subsidiaries, the company specializes in the handling, processing, storage, and transport of petroleum products, by-products, and various chemicals. Its Terminalling and Storage division oversees 15 marine-based and 13 specialized terminal facilities. These sites provide essential services such as storage, refining, blending, packaging, and general handling for petroleum producers and suppliers. Additionally, this segment offers land leasing to oil and gas firms and manages the storage and transfer of lubricants and fuels. The Transportation segment maintains an extensive fleet for moving a range of materials, including petroleum, petrochemicals, and chemicals. This fleet comprises 570 tank trucks, 1,200 trailers, 29 inland marine tank barges, 14 inland push boats, and a single articulated offshore tug and barge unit. Martin Midstream's Sulfur Services segment processes molten sulfur, transforming it into prilled or pelletized forms crucial for fertilizer production and various industrial chemical applications. Finally, the Natural Gas Liquids segment focuses on the storage, distribution, and transport of NGLs. It delivers NGLs wholesale to refineries, industrial consumers, and propane retailers, supported by an impressive 2.1 million barrels of underground NGL storage capacity. Martin Midstream GP LLC serves as the general partner for the company.
Similar oil & gas company
Sinopec Kantons Holdings Limited, an investment holding company, provides crude oil jetty services. The company operates in two segments: Crude Oil Jetty and Storage Services; and Vessel Chartering and Logistics Services. It offers crude oil transportation, unloading, storage, and other jetty services for oil tankers in the People's Republic of China, Europe, and the Middle East; and vessel chartering services for liquefied natural gas transportation in the People's Republic of China, Australia, and the Papua New Guinea. The company also engages in the trading of crude oil; and provision of oil supporting and ancillary services. The company was incorporated in 1998 and is based in Causeway Bay, Hong Kong. Sinopec Kantons Holdings Limited operates as a subsidiary of Sinopec Kantons International Limited.
Similar oil & gas company
Virtu Gnl Participacoes S.A. is a Brazilian holding and logistics company specializing in the transportation of liquefied natural gas using LNG-powered trucks. The company operates through joint ventures and investments, providing logistics solutions for its own use and for clients such as Eneva.
Oil & Gas Transportation
COSCO SHIPPING Energy Transportation Co., Ltd. operates as an investment holding company with a core focus on the global and domestic maritime transportation of energy commodities. Its primary activities involve the shipment of crude oil, liquefied natural gas (LNG), and various chemical products across international routes and along the Chinese coastline. The company organizes its business into segments covering Oil Shipment, LNG transport, and other related services. Beyond these, it also provides vessel chartering services, transports liquefied petroleum gas (LPG), and delivers comprehensive shipping agency solutions. As of December 31, 2021, its substantial fleet comprised 166 oil tankers, collectively offering a capacity of 25.24 million deadweight tons (DWT). This total included 154 self-owned vessels with a combined capacity of 21.86 million DWT, alongside 12 chartered-in tankers contributing 3.38 million DWT. Furthermore, the company held investments in 47 jointly-owned LNG carriers; 38 of these were actively in operation, boasting an aggregate capacity of 6.42 million cubic meters, while an additional 9 vessels, projected to have a capacity of 1.56 million cubic meters, were under construction. Established in 1994, the company was initially known as China Shipping Development Company Limited. It adopted its current name, COSCO SHIPPING Energy Transportation Co., Ltd., in October 2016 and maintains its headquarters in Shanghai, People's Republic of China.
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