Common use of Decommissioning and Abandonment Clause in Contracts

Decommissioning and Abandonment. Contractor shall be liable and shall bear the cost and expenses for all claims, damages or losses arising out of or related to Environmental Damages resulting from suspended and abandoned xxxxx and other facilities for a period of five (5) Calendar Years following the relinquishment of a portion of the Contract Area or the relinquishment of a Development and Production Area that includes such xxxxx or facilities unless Contractor can demonstrate that the pollution and damages are caused by acts of nature or by actions or omissions of others.

Appears in 4 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract (Kosmos Energy Ltd.)

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