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.
Golar LNG signs MOU with Schlumberger
January 22, 2016 at 12:31 PM EST