The oilfield services behemoth owns a 49% stake in the joint venture, called OneLNG, with the offshore contractor holding 51%.
The pair will together chase floating LNG projects, with an initial though unspecified financial contribution from each party "to cover the estimated equity needed to develop the first project".
A joint statement did not, however, identify what this first project would be, but added that they will decide on further investments on a project-by-project basis.
OneLNG
