Scandoil  

Sound Energy forms strategic collaboration with Schlumberger


Published Oct 22, 2015
Sound Oil-2

Sound Energy, the European / Mediterranean focused upstream oil and gas company, is pleased to announce:

•a Memorandum of Understanding between Sound Energy and Schlumberger Oilfield Holdings Limited in respect of a strategic relationship between Sound Energy and Schlumberger across Europe and Africa; and •a Term Sheet with Schlumberger Production Management, the production management arm of Schlumberger regarding the Tendrara licence, onshore Morocco.

The non-binding Term Sheet represents the first preliminary agreement to be entered into under the MOU and where it is envisaged that, subject to the execution of a definitive project agreement, SPM will collaborate with the Company on the Tendrara licence in Morocco. This collaboration would include SPM providing integrated technical services on a risked basis with an upside linked to production performance.

Schlumberger is the world's largest oilfield services company and the leading supplier of technology, project management and information services to the oil and gas sector worldwide.

Tags: Sound Energy




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml