The commercial agreements amend the existing ACG production sharing agreement (PSA) framework, enabling the parties to progress the exploration, appraisal, development and production from the gas reservoirs of the ACG field. ACG non-associated gas resources are believed to be significant, with up to 4 Tcf (ca. 112 Bcm) in place.
World’s largest jackup rig starts decommissioning work for Perenco UK
Petrodec’s newly constructed heavy lift jackup vessel, named “Obana,” has begun decommissioning...
