Golar, Schlumberger FLNG agreement remains solid

Offshore staff

HAMILTON, BermudaSchlumberger’s withdrawal from Ophir’s Fortuna FLNG project offshore Equatorial Guinea will not affect its framework agreement with Golar.

A statement by the two companies reaffirmed that their target is to develop integrated solutions for stranded gas assets.

Joint efforts over the past few months, they add, have underlined the commercial attraction and technical viability of the FLNG concept as a solution for fasttrack monetization of stranded gas.

Golar will continue to work with Ophir on reaching a final investment decision for the Fortuna development this year.

05/02/2016

Share your news with Offshore at news@offshore-mag.com

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...