Golar LNG signs MOU with Schlumberger

Golar LNG Ltd. (Nasdaq: GLNG) signed a Memorandum of Understanding with Schlumberger Ltd. (NYSE: SLB) to develop greenfield, brownfield and stranded gas reserves. Shares of Golar LNG leaped $4.51 to $16.45 while Schlumberger stock soared $3.19 to $64.64.



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