Published: 15:29 CET 22-01-2016 /GlobeNewswire /Source: Golar LNG / : GOL /ISIN: BMG9456A1009
Golar LNG and Schlumberger sign Memorandum of Understanding
Golar
LNG today announced that it has signed a Memorandum of Understanding
with Schlumberger to co-operate on the global development of greenfield,
brownfield and stranded gas reserves.
Under
the Memorandum, Golar and Schlumberger have agreed to jointly market
gas monetization solutions to owners, investors and governments. Golar
will contribute the Floating LNG assets and technology while
Schlumberger, via its special project management division, will provide
upstream development knowledge, resources and capital. The intention of
this integrated offer is to gain access to a wide range of uneconomic
gas reserves by delivering low-cost LNG production solutions.
This
is a ground breaking agreement that will provide resource holders with a
completely integrated package both reducing risk and securing financing
for gas projects. The main aim of the venture is to accelerated the
time it takes to bring proven gas reserves into production.
Both
parties have initiated their activities and have already made solid
progress expecting to announce the first project within the next two
months.
Posts
No comments:
Post a Comment