Under the agreement, the two companies have designated each other 'preferred partner' status for the delivery of LNG and liquefied compressed natural gas (LCNG) equipment and services.
Duvernay Energy Corporation will target strong, high netback cash flow and production growth focused on the Kaybob Duvernay resource play in Alberta, Canada.
'This agreement will strengthen our position to remove and reduce carbon emissions from industries and energy solutions, which is supported by strong incentives from the U.S. Government'.
Under the contract, Aquaterra Energy will deliver a comprehensive range of offshore analysis services, including riser and conductor analysis for jack-ups and semi-submersibles.