Pullout from gas search deals ‘major blow’ but TGS’ CO2 storage assessment hailed as ‘game-changer’

The alleged withdrawal of TGS from natural gas exploration in Victoria’s Otway Basin off the coast of Australia has been perceived as a blow to the state’s energy security as the gas supply dwindles. On the other hand, the launch of the U.S. Gulf Coast CO2 storage assessment package is described as an essential data bundle necessary for planning and executing carbon sequestration strategies in the rapidly evolving landscape.

The post Pullout from gas search deals ‘major blow’ but TGS’ CO2 storage assessment hailed as ‘game-changer’ appeared first on Offshore Energy.