GLOBAL energy partner AGR today announced that its Well Management business unit has entered into a strategic framework agreement for decarbonisation exploration with UK-based dCarbonX to support the development of GeoEnergy resources.
This includes Carbon Capture, Use and Storage (CCUS) and geothermal and hydrogen storage covering dCarbonX’s planned operated projects in the United Kingdom & Ireland.
AGR, which has an office in Aberdeen’s Poynernook Road, is a specialist in all aspects of well construction and deconstruction.
dCarbonX is a GeoEnergy company focussed on the exploration and development of subsurface assets to enable the Energy Transition.
Andrew Stannard, AGR executive vice president UK, Mediterranean and Africa, said: “With AGR’s extensive experience and track record in the UK and Ireland, we will be able to competently and efficiently support the team at dCarbonX in bringing these plans to fruition.
“The team at AGR have worked with the founders of dCarbonX over many years and they bring a highly credible proposition to the Energy Transition.”
Tony O’Reilly, dCarbonX chief executive officer, said: “This partnership will allow dCarbonX to plan, approve and execute offshore drilling operations on our various planned GeoEnergy projects by leveraging on AGR’s leading and extensive well engineering experience spanning over 30 years.
“We very much look forward to working with AGR in delivering these projects, which we believe can help to deliver the Energy Transition and a zero-carbon world.”
