Common use of Development Phase Clause in Contracts

Development Phase. contractual phase initiated with the approval of ANP for the Development Plan and which is extended during the Production Phase while investments in xxxxx, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

Appears in 14 contracts

Samples: Concession Agreement, Production Sharing Agreement, Production Sharing Agreement

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Development Phase. contractual phase initiated with the approval of ANP for the Development Plan proposed by the Concessionaire and which is extended during the Production Phase while investments in xxxxx, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

Appears in 12 contracts

Samples: Concession Agreement for Exploration and Production of Oil and Gas, Concession Agreement, Concession Agreement for Exploration and Production of Oil and Gas

Development Phase. contractual phase initiated with the approval of ANP for the Development Plan by ANP and which is extended during the Production Phase while investments in xxxxx, equipment, and facilities for the Production of Oil and Gas are required according to the Best Practices of the Oil Industry are requiredIndustry.

Appears in 10 contracts

Samples: Transfer of Rights Surplus Production Sharing Agreement, Production Sharing Agreement, Transfer of Rights Surplus Production Sharing Agreement

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Development Phase. contractual phase initiated with the approval by ANP of ANP for the Development Plan and which is extended continues during the Production Phase while investments are necessary in xxxxx, equipment, equipment and facilities for the Production of Oil and Natural Gas according to in accordance with the Best Practices of the Oil Industry are requiredIndustry.

Appears in 3 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement

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