Common use of Equipment and Facilities Clause in Contracts

Equipment and Facilities. use of equipment and facilities owned and furnished by the Contractor's Affiliates, at rates commensurate with the cost of ownership and operation; provided, however, that such rates shall not exceed those currently prevailing for the supply of like equipment and facilities on comparable terms in the area where the Petroleum Operations are being conducted. The equipment and facilities referred to herein shall exclude major investment items such as (but not limited to) drilling rigs, producing platforms, oil treating facilities, oil and gas loading and transportation systems, storage and terminal facilities and other major facilities, rates for which shall be subject to separate agreement with the Designated Authority.

Appears in 9 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract

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Equipment and Facilities. use Use of equipment and facilities owned and furnished by the Contractor's ’s Affiliates, at rates commensurate with the cost of ownership and operation; provided, however, that such rates shall not exceed those currently prevailing for the supply of like equipment and facilities on comparable terms in the area where the Petroleum Operations Hydrocarbons operations are being conducted. The equipment and facilities referred to herein shall exclude major investment items such as (as, but not limited to) , drilling rigs, producing platformsplatform, oil treating facilities, oil and gas loading and transportation systems, storage and terminal facilities and other major facilities, rates for which shall be subject to separate agreement with the Designated AuthorityMinister.

Appears in 4 contracts

Samples: Exploration and Production Sharing Contract, Exploration and Production Sharing Contract, Model Exploration and Production Sharing Contract

Equipment and Facilities. use of equipment and facilities owned and furnished by the Contractor's Affiliates, at rates commensurate with the cost of ownership and operation; provided, however, that such rates shall not exceed those currently prevailing for the supply of like equipment and facilities on comparable terms in the area where the Petroleum Operations are being conducted. The equipment and facilities referred to herein shall exclude major investment items such as (but not limited to) drilling rigs, producing platforms, oil treating facilities, oil and gas loading and transportation systems, storage and terminal facilities and other major facilities, rates for which shall be subject to separate agreement Contract with the Designated AuthorityMinistry.

Appears in 2 contracts

Samples: Offshore Production Sharing Contract, Production Sharing Contract

Equipment and Facilities. use of equipment and facilities owned and furnished by the Contractor's Affiliates, at rates commensurate with the cost of ownership and operation; provided, however, that such rates shall not exceed those currently prevailing for the supply of like equipment and facilities on comparable terms in the area where the Petroleum Operations are being conducted. The equipment and facilities referred to herein shall exclude major investment items such as (but not limited to) drilling rigs, producing platforms, oil treating facilities, oil and gas loading and transportation systems, storage and terminal facilities and other major facilities, rates for which shall be subject to separate agreement with the Designated AuthorityANP.

Appears in 1 contract

Samples: Production Sharing Contract

Equipment and Facilities. use of equipment and facilities owned and furnished by the Contractor's Affiliates, at rates commensurate with the cost of ownership and operation; provided, however, that such rates shall not exceed those currently prevailing for the supply of like equipment and facilities on comparable terms in the area where the Petroleum Operations are being conducted. The equipment and facilities referred to herein shall exclude major investment items such as (but not limited to) drilling rigs, producing platforms, oil treating facilities, oil and gas loading and transportation systems, storage and terminal facilities and other major facilities, rates for which shall be subject to separate agreement with the Designated AuthorityMinistry.

Appears in 1 contract

Samples: Production Sharing Contract

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Equipment and Facilities. use of equipment and facilities owned and furnished by the Contractor's ’s Affiliates, at rates commensurate with the cost of ownership and operation; provided, however, that such rates shall not exceed those currently prevailing for the supply of like equipment and facilities on comparable terms in the area where the Petroleum Operations are being conducted. The equipment and facilities referred to herein shall exclude major investment items such as (but not limited to) drilling rigs, producing platforms, oil treating facilities, oil and gas loading and transportation systems, storage and terminal facilities and other major facilities, rates for which shall be subject to separate agreement with the Designated AuthorityMinistry.

Appears in 1 contract

Samples: Production Sharing Contract

Equipment and Facilities. use Use of equipment and facilities owned and furnished by the Contractor's ’s Affiliates, at rates commensurate with the cost of ownership and operation; provided, however, that such rates shall not exceed those currently prevailing for the supply of like equipment and facilities on comparable terms in the area where the Petroleum Operations Hydrocarbons operations are being conducted. The equipment and facilities referred to herein shall exclude major investment items such as (as, but not limited to) , drilling rigs, producing platforms, oil treating facilities, oil and gas loading and transportation systems, storage and terminal facilities and other major facilities, rates for which shall be subject to separate agreement with the Designated AuthorityMinister.

Appears in 1 contract

Samples: Production Sharing Contract

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