At this month's Offshore Technology Conference, industry giants like ExxonMobil, Equinor, and Petrobras offered a look at the future of low-carbon floating production, storage, and offloading units.
The new award accompanies the creation of an unconventional drilling subsidiary and potential equity deals with SLB and Patterson-UTI.
The agreement puts an early contractual framework in place for closer collaboration sooner on the project pair.
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