farmout
verb as in strong fondness
Word Combinations
Example:The company signed a farmout agreement to subcontract the drilling operations to a specialized drilling contractor.
Definition:An agreement to assign a project or task to a third party, usually in the context of oil and gas exploration.
From farmout agreement
Example:The exploration team decided to farmout the seismic data analysis to a leading geological consulting firm.
Definition:A project that is assigned to a third party under a farmout agreement.
From farmout project
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