Floating Energy Group

Oil, Gas, and Mining • Outram, Central Region, Singapore • 1-10 Employees

Company overview

Headquarters	100 Peck Seah Street, PS 100, Singapore 079333, SG
Website	floatingenergygroup.com
NAICS	211
Founded	2018
Employees	1-10

Key Contact at Floating Energy Group

Jenny Zheng

Director

About Floating Energy Group

Floating Energy Group offers an integrated FSRU and natural gas power plant, in one mobile unit. The distinct ability to deliver both natural gas and electricity, even simultaneously, eliminates the need for land-based gas receiving terminals and storage facilities, as well as onshore power plants. The unit can be placed offshore or moored along a jetty. With very limited shore-based infrastructure, we provide secure electricity supply, even in the event of earthquakes and floods. Building on Norway's strength in advanced industrial technology, our power solution is ideal for delivery of reliable and environmentally friendly energy to areas with limited infrastructure. The possibility to vary the electrical output makes us an ideal baseload companion to renewable energy sources such as solar and wind. We utilise the proprietary LNT A-BOX® cargo containment technology, developed by our partner LNT Marine. Our company is founded by Norwegian investors and headquartered in Singapore.

Floating Energy Group revenue & valuation

Annual revenue	$342,220
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Oil, Gas, and Mining industry and current estimated revenues	$1,100,000
Total funding	No funding

Employees by Management Level

Total employees: 1-10

Seniority

Employees

Director

Funding Data

Floating Energy Group has never raised funding before.