One-Page Deal Sheet
Schlumberger, Golar LNG Team Up; Form OneLNG JV
Golar Lng Partners Lp, Schlumberger Limited Not Disclosed
Announced Date
July 26,2016
Transaction Type
JV
Location
Region
United States
Country
United States
Transaction Details: Subscribe to see
[Summary: Golar LNG Limited and Schlumberger announced the creation of OneLNGSM, a joint venture to rapidly develop low cost gas reserves to LNG.
Golar and Schlumberger have 51/49 ownership of the joint venture. Golar and Schlumberger have agreed an initial investment commitment to cover the estimated equity needed to develop the first project. In addition, the parties will on a project-by-project basis discuss additional debt capital as required. This future financing will take into account Golar's FLNG intellectual property through an equitable contribution mechanism to be agreed between…
United States Deal Activity In Last 12 Months
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| Aug-03-2020 |
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| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
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| Mar-10-2026 |
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| Feb-26-2026 |
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