Golar and Schlumberger Reaffirm Partnership
Schlumberger's withdrawal from the Fortuna/Ophir development will not influence its framework agreement with Golar LNG (GLNG) to develop integrated solutions for stranded gas assets, the companies announced today.
The two firms said significant effort has been put into the project over the last months, and the results have confirmed to both parties the commercial attractiveness and the technical viability of the FLNG concept as a solution for rapid modernization of stranded gas. The partnership is currently exploring several specific opportunities.
Although a commercial agreement between Ophir and Schlumberger (SLB) was not reached, Golar said it will independently continue to work with Ophir with the target to reach an FID for the Fortuna development this year.
