International energy consultancy provider, Add Energy, has partnered with Transborders Energy, TechnipFMC and MODEC to create a business model to discover and free-up small-scale natural gas resources around the world.
- The business model will deploy a small-scale floating LNG vessel to target gas resources of 0.5-2 trillion cubic feet of gas.
- The vessel will be used to help understand the size and potential of gas resources. Add Energy will manage the drilling, maintenance, safety and risk management of the projects.
- Small-scale gas resources have little value to their current owners because they are usually in remote locations where tieback capital is expensive or lack an economically viable development concept.
Read more on the press release.
Fathom-News
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