Wednesday, January 8, 2025

Golar and Schlumberger Form LNG Joint Venture

Companies say 40% of the world’s gas reserves can be classified as stranded; Golar and Schlumberger plan to employ FLNG to monetize stranded gas Global LNG shipper Golar LNG Limited (ticker: GLNG) and the world’s largest oilfield service company Schlumberger (ticker: SLB), have launched OneLNG℠, a joint venture intended to rapidly develop low cost gas reserves to LNG. According to a press release, the combination