Cluff Extends Halliburton North Sea MoU
Cluff Natural Resources plc has extended its memorandum of understanding with Halliburton Manufacturing and Services Limited to collaborate on the development of CLNR’s Southern North Sea gas assets.
The two-year extension will see the companies continue to work on CLNR’s five Southern North Sea gas licences, which are located in close proximity to the Breagh gas field. Under the MoU, CLNR and Halliburton will collaborate through technical and consultancy services.
Cluff’s Chief Executive and Chairman, Algy Cluff, commented in a company statement:
"We are delighted to be announcing the extension of our MoU with Halliburton for our UK gas and UCG assets and are excited about the prospect of continuing to develop our strategic relationship.
“Halliburton is one of the world’s largest providers of products and services to the energy industry and its expertise and capabilities offer our company the opportunity to accelerate the development of our assets. The extension for a further two years reflects the strength of the relationship that has been built in the last year and the commitment to develop this strategic relationship further.”
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