Golar LNG, Schlumberger stay committed to FLNG parntership

Golar LNG, Schlumberger stay committed to FLNG parntership

Golar LNG, the owner and operator of LNG carriers on Friday informed that its framework agreement with Schlumberger is unaffected by the latter’s withdrawal from the Fortuna/Ophir development.

The two companies signed a memorandum of understanding in January to work on developing greenfield, brownfield and stranded gas reserves using FLNG technology.

According to Golar LNG’s statement, over the past few months, the two companies investigated the FLNG concept confirming its commercial and technical viability as a solution for rapid monetization of stranded gas.

Additionally, Golar noted it will continue its work with Ophir with the target to reach an FID for the Fortuna FLNG development during this year, even though no commercial agreement has been reached between Ophir and Schlumberger.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >