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Common use of Decommissioning Clause in Contracts

Decommissioning. The expenditure for Decommissioning will be estimated on the basis of technical studies undertaken by the Contractor, to be agreed by the National Petroleum Agency, as part of each Field Development Program and revised as necessary.

Appears in 6 contracts

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

Decommissioning. The expenditure for Decommissioning will be estimated on the basis of technical studies undertaken by the Contractor, Contractor to be agreed by the National Petroleum Agency, Agency as part of each Field Development Program and revised as necessary.

Appears in 5 contracts

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

Decommissioning. The expenditure for Decommissioning will be estimated on the basis of technical studies undertaken by the Contractor, to be agreed by the National Petroleum Agency, as part of each Field Development Program and revised as necessary.. Unless otherwise agreed by the National Petroleum Agency, the procedure for the Contractor providing funds to meet its Decommissioning obligations shall be as follows:

Appears in 1 contract

Samples: Production Sharing Contract