Common use of GENERAL STANDARDS OF CONDUCT Clause in Contracts

GENERAL STANDARDS OF CONDUCT. (1) The Contractor shall carry out the Petroleum Operations diligently and in accordance with good international petroleum industry practice. (2) In particular, the Contractor shall - (a) Ensure that all machinery, plant, equipment and installations used by the Contractor in connection with the Petroleum Operations are of proper and accepted construction and are kept in good repair; (b) Use the resources of the Contract Area as productively as possible and ensure that good international petroleum industry practice is used to prevent Petroleum discovered and produced, or mud or any other fluids or substances escaping or being wasted; (c) prevent damage to adjacent strata which bear Petroleum or water, and prevent water entering through xxxxx into strata bearing petroleum, except where water injection methods are used for secondary recovery operations; (d) properly confine Petroleum in receptacles constructed for that purpose, and not place Crude Oil in an earthen reservoir except temporarily in an emergency; and (e) Dispose of waste oil, salt water and refuse in accordance with good international petroleum industry practice, avoiding pollution. (3) In conducting the Petroleum Operations, the Contractor may use any of its Affiliates, any Affiliate of the entities constituting the Contractor or independent contractors. The Contractor, however, shall remain responsible for the performance of its obligations.

GENERAL STANDARDS OF CONDUCT. (1) The Contractor shall carry out the Petroleum Operations diligently and in accordance with good international petroleum industry practice. (2) In particular, the Contractor shall - (a) Ensure that all machinery, plant, equipment and installations used by the Contractor in connection with the Petroleum Operations are of proper and accepted construction and are kept in good repair; (b) Use the resources of the Contract Area as productively as possible and ensure that good international petroleum industry practice is used to prevent Petroleum discovered and produced, or mud or any other fluids or substances escaping or being wasted; (c) prevent damage to adjacent strata which bear Petroleum or water, and prevent water entering through xxxxx into strata bearing petroleum, except where water injection methods are used for secondary recovery operations; (d) properly confine Petroleum in receptacles constructed for that purpose, and not place Crude Oil in an earthen reservoir except temporarily in an emergency; and (e) Dispose of waste oil, salt water and refuse in accordance with good international petroleum industry practice, avoiding pollution. (3) In conducting the Petroleum Operations, the Contractor may use any of its Affiliates, any Affiliate of the entities constituting the Contractor or independent contractors. The Contractor, however, shall remain responsible for the performance of its obligations.. Production Sharing Contract Block L16 Ministry of Energy Page 20

GENERAL STANDARDS OF CONDUCT. (1) The Contractor shall carry out the Petroleum Operations diligently and in accordance with good international petroleum industry practice. (2) In particular, the Contractor shall - (a) Ensure that all machinery, plant, equipment and installations used by the Contractor in connection with the Petroleum Operations are of proper and accepted construction and are kept in good repair; (b) Use the resources of the Contract Area as productively as possible and ensure that good international petroleum industry practice is used to prevent Petroleum discovered and produced, or mud or any other fluids or substances escaping or being wasted; (c) prevent damage to adjacent strata which bear Petroleum or water, and prevent water entering through xxxxx into strata bearing petroleum, except where water injection methods are used for secondary recovery operations; (d) properly confine Petroleum in receptacles constructed for that purpose, and not place Crude Oil in an earthen reservoir except temporarily in an emergency; and (e) Dispose of waste oil, salt water and refuse in accordance with good international petroleum industry practice, avoiding pollution. (3) In conducting the Petroleum Operations, the Contractor may use any of its Affiliates, any Affiliate of the entities constituting the Contractor or independent contractors. The Contractor, however, shall remain responsible for the performance of its obligations.. Production Sharing Contract Block L27 Ministry of Energy Page 20

GENERAL STANDARDS OF CONDUCT. (1) The Contractor shall carry out the Petroleum Operations diligently and in accordance with good international petroleum industry practice. (2) In particular, the Contractor shall - (a) Ensure that all machinery, plant, equipment and installations used by the Contractor in connection with the Petroleum Operations are of proper and accepted construction and are kept in good repair; (b) Use the resources of the Contract Area as productively as possible and ensure that good international petroleum industry practice is used to prevent Petroleum discovered and produced, or mud or any other fluids or substances escaping or being wasted; (c) prevent damage to adjacent strata which bear Petroleum or water, and prevent water entering through xxxxx into strata bearing petroleum, except where water injection methods are used for secondary recovery operations; (d) properly confine Petroleum in receptacles constructed for that purpose, and not place Crude Oil in an earthen reservoir except temporarily in an emergency; and (e) Dispose of waste oil, salt water and refuse in accordance with good international petroleum industry practice, avoiding pollution. (3) In conducting the Petroleum Operations, the Contractor may use any of its Affiliates, any Affiliate of the entities constituting the Contractor or independent contractors. The Contractor, however, shall remain responsible for the performance of its obligations.. Production Sharing Contract Block L1B Ministry of Energy Page 20

GENERAL STANDARDS OF CONDUCT. (1) The Contractor shall carry out the Petroleum Operations diligently and in accordance with good international petroleum industry practice. (2) In particular, the Contractor shall - (a) Ensure that all machinery, plant, equipment and installations used by the Contractor in connection with the Petroleum Operations are of proper and accepted construction and are kept in good repair; (b) Use the resources of the Contract Area as productively as possible and ensure that good international petroleum industry practice is used to prevent Petroleum discovered and produced, or mud or any other fluids or substances escaping or being wasted; (c) prevent damage to adjacent strata which bear Petroleum or water, and prevent water entering through xxxxx into strata bearing petroleum, except where water injection methods are used for secondary recovery operations; (d) properly confine Petroleum in receptacles constructed for that purpose, and not place Crude Oil in an earthen reservoir except temporarily in an emergency; and (e) Dispose of waste oil, salt water and refuse in accordance with good international petroleum industry practice, avoiding pollution. (3) In conducting the Petroleum Operations, the Contractor may use any of its Affiliates, any Affiliate of the entities constituting the Contractor or independent contractors. The Contractor, however, shall remain responsible for the performance of its obligations.. Production Sharing Contract Block L28 Ministry of Energy Page 20

GENERAL STANDARDS OF CONDUCT. (1) The Contractor shall carry out the Petroleum Operations diligently and in accordance with good international petroleum industry practice. (2) In particular, the Contractor shall - (a) Ensure that all machinery, plant, equipment and installations used by the Contractor in connection with the Petroleum Operations are of proper and accepted construction and are kept in good repair; (b) Use the resources of the Contract Area as productively as possible and ensure that good international petroleum industry practice is used to prevent Petroleum discovered and produced, or mud or any other fluids or substances escaping or being wasted; (c) prevent damage to adjacent strata which bear Petroleum or water, and prevent water entering through xxxxx into strata bearing petroleum, except where water injection methods are used for secondary recovery operations; (d) properly confine Petroleum in receptacles constructed for that purpose, and not place Crude Oil in an earthen reservoir except temporarily in an emergency; and (e) Dispose of waste oil, salt water and refuse in accordance with good international petroleum industry practice, avoiding pollution. (3) In conducting the Petroleum Operations, the Contractor may use any of its Affiliates, any Affiliate of the entities constituting the Contractor or independent contractors. The Contractor, however, shall remain responsible for the performance of its obligations.. Production Sharing Contract Block 11A Ministry of Energy Page 19