Common use of Discovery B Clause in Contracts

Discovery B. 4 Concept studies This phase begins at choice of concept 4.1 Project A Costs related to concept development in relation to a possible project from and including a decision on continuation in the planning phase. It is presupposed that the decision point for choice of concept has been passed and that the development of a specific concept continues. Normally containing both internal and external activities (studies, pre-engineering, Front End Engineering Design, PDO work, etc).

Appears in 5 contracts

Samples: Unitisation Agreement, Joint Operating Agreement, Joint Operating Agreement

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Discovery B. 4 Concept studies This phase begins at choice of concept concept 4.1 Project A Costs related to concept development in relation to a possible project from and including a decision on continuation in the planning phase. It is presupposed that the decision point for choice of concept has been passed and that the development of a specific concept continues. Normally containing comprising both internal and external activities (studies, pre-engineering, Front End Engineering Design, PDO work, etc).

Appears in 3 contracts

Samples: Agreement Concerning Petroleum Activities, Agreement Concerning Petroleum Activities, Unitisation Agreement

Discovery B. 4 Concept studies This phase begins at choice of concept concept 4.1 Project A Costs related to concept development in relation to a possible project from and including a decision on continuation in the planning phase. It is presupposed that the decision point for choice of concept has been passed and that the development of a specific concept continues. Normally containing comprising both internal and external activities (studies, pre-engineering, Front End Engineering Design, PDO work, etc.).

Appears in 2 contracts

Samples: Agreement Concerning Petroleum Activities, Agreement Concerning Petroleum Activities

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Discovery B. 4 Concept studies This phase begins at choice of concept concept 4.1 Project A Costs related to concept development in relation to a possible project from and including a decision on continuation in the planning phase. It is presupposed that the decision point for choice of concept has been passed and that the development of a specific concept continues. Normally containing both internal and external activities (studies, pre-engineering, Front End Engineering Design, PDO work, etc).

Appears in 2 contracts

Samples: Exploration and Production Agreement, Amendment Agreement

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