Common use of ABANDONMENT AND SITE RESTORATION Clause in Contracts

ABANDONMENT AND SITE RESTORATION. 42.1 Prior to the termination or expiry of this Contract or relinquishment of a part of the Contract Area, but subject to Article 42.5, Contractor and Operator shall be liable for Abandonment and site restoration in respect of the Contract Area or the relevant part of the Contract Area, the costs of which shall be Petroleum Costs. All Abandonment and site restoration activities shall be performed in accordance with Best International Petroleum Industry Practices.

Appears in 6 contracts

Samples: Sales Agreement, Sales Agreement, Sales Agreement

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