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The deal will facilitate front-end design, engineering, procurement, construction, installation, and operations of the Anchois project.
Chariot Oil & Gas Limited (AIM: CHAR) reported Monday that it has signed a collaborative agreement with Subsea Integration Alliance to fast-track the Anchois Gas Development project on Morocco’s Atlantic coast.
Subsea 7 (OTCMKTS: SUBCY) and Schlumberger (NYSE: SLB) unit OneSubsea make up Subsea Integration Alliance. According to a written statement from Chariot, the deal will facilitate the front-end design, engineering, procurement, construction, installation, and operations of Anchois – located in the Lixus Offshore License just south of Spain.
“We are pleased to be starting a journey with Chariot on the exciting Anchois gas development in Morocco,” Subsea Integration Alliance CEO Stuart Fitzgerald remarked in a written statement emailed to Rigzone. “We believe the Subsea Integration Alliance ‘One-team’ collaboration with Chariot w
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Chariot Oil & Gas Ltd has signed a Collaboration Agreement with Subsea Integration Alliance to
work together to enable the front-end design, engineering, procurement, construction, installation and
operation of the Anchois gas development project in Morocco.
Subsea Integration Alliance is a
non-incorporated strategic global alliance between Subsea 7 and OneSubsea, the subsea technologies,
production, and processing systems division of Schlumberger.
Chariot and Subsea Integration Alliance will adopt a One-team , integrated and collaborative approach to
safely fast-track first gas to maximise the return on investment.
The scope of the agreement covers:
Front-end engineering support and engineering design work.
Engineering, procurement, construction, installation, pre-commissioning and commissioning work.
- Chariot Oil & Gas Limited : euro-petrole.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euro-petrole.com Daily Mail and Mail on Sunday newspapers.