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.
MODEC, Carbon Clean collaborate on offshore carbon capture
MODEC has signed an agreement to jointly develop and scale Carbon Clean’s CycloneCC carbon capture...
