SLB announces agreement to sell its interests in Palliser Block
Published by Alfred Hamer,
Editorial Assistant
Oilfield Technology,
Energy technology company SLB has announced that it has entered into a definitive agreement to sell its interests in the Palliser Block located in Alberta, Canada.
The Palliser Block consists of oil and gas wells, surface facilities, a pipeline network and certain oil and gas development rights. The transaction, which is subject to regulatory approval and other customary closing conditions, is expected to close late in 4Q24.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/18102024/slb-announces-agreement-to-sell-its-interests-in-palliser-block/
You might also like
Zeus Demo FEED agreement signed at energy Asia 2025, accelerating pathway to zero-emission power
Once validated, the technology may be scaled up for both onshore and offshore deployment, including floating power applications.