Common use of Module of the Development Phase Clause in Contracts

Module of the Development Phase. individual module composed of facilities and infrastructure for the Production of Oil and Gas of one or more Deposits of a certain Field, pursuant to the Development Plan approved by ANP.

Module of the Development Phase. individual module composed of facilities and infrastructure for the Production of Oil and Gas of one or more Deposits of a certain Field, pursuant to the Development Plan approved by ANP. New Reservoir: accumulation of Oil and/or Gas in areas other than those already in Production or under Assessment.