Oil & Gas

Azerbaijan signs landmark non-associated gas deal for ACG field exploration

ACG field

ONGC Videsh, along with the State Oil Company of Azerbaijan (SOCAR) and a consortium of international energy majors, has signed an addendum to the existing Production Sharing Agreement (PSA) for the Azeri-Chirag-Deepwater Gunashli (ACG) field. This milestone deal aims to explore, appraise, and develop the Non-Associated Natural Gas (NAG) reservoirs in the ACG field, located …

The post Azerbaijan signs landmark non-associated gas deal for ACG field exploration appeared first on Energy Asia.

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