Cluff Natural Resources has signed a two year extension with Halliburton to collaborate on the development of its underground coal gasification assets for a further two years.
The company said it is anticipated the MOU will continue to facilitate the development of its five Southern North Sea gas licences which are located in close proximity to the Breagh gas field.
The agreement will now remain in place until February 2018.
Algy Cluff,chief executive, said: “We are delighted to be announcing the extension of our MOU with Halliburton for our UK gas and UCG assets and are excited about the prospect of continuing to develop our strategic relationship.
“Halliburton is one of the world’s largest providers of products and services to the energy industry and its expertise and capabilities offer our company the opportunity to accelerate the development of our assets.
“The extension for a further two years reflects the strength of the relationship that has been built in the last year and the commitment to develop this strategic relationship further.”
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