World of oil and gas ///

Golar LNG and Schlumberger have joined forces to create OneLNG, a JV to develop low-cost gas reserves to LNG. According to the companies, the combination of Schlumberger’s reservoir knowledge, wellbore technologies and production management capabilities, with Golar’s low-cost FLNG solution, will offer gas resource owners a faster and lower-cost development, thereby increasing the net present value of their resources. Golar and Schlumberger have 51/49 ownership of the JV, respectively.