The Traderszone Network

Published in TZ Latest News 25 July, 2016 by The TZ Newswire Staff

Shares of Golar LNG Skyrocket After Joint Venture Announcement

Lng Vessel

Image source: Getty Images.

What: Shares of Golar LNG (NASDAQ: GLNG) are up 11% as of 11:15 a.m. EDT after the company announced that it would be forming a joint venture with Schlumberger (NYSE: SLB) to develop offshore natural-gas fields with Golar’s floating LNG production vessels. 

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