Common use of Preliminary Decommissioning Plan and Budget Clause in Contracts

Preliminary Decommissioning Plan and Budget. (a) The Development Plan submitted for approval by the Minister shall contain a Preliminary Decommissioning Plan pursuant to Article 16.5.l including all activities necessary for the permanent plugging of xxxxx, clean-up, restoration of the area to its natural state, decommissioning of machinery and equipment and returning the Contract Area in an orderly fashion, free from debris and waste, all in accordance with the Best International Industry Standards and Practices.

Appears in 2 contracts

Samples: Sharing Agreement, Production Sharing Agreement

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Preliminary Decommissioning Plan and Budget. (a) The Development Plan submitted for approval by the Minister shall contain a Preliminary Decommissioning Plan pursuant to Article 16.5.l 16.5.(l) including all activities necessary for the permanent plugging of xxxxx, clean-up, restoration of the area to its natural state, decommissioning of machinery and equipment and returning the Contract Area in an orderly fashion, free from debris and waste, all in accordance with the Best International Industry Standards and Practices.

Appears in 1 contract

Samples: Model Production Sharing Agreement

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Preliminary Decommissioning Plan and Budget. (a) The Development Plan submitted for approval by the Minister shall contain a Preliminary Decommissioning Plan pursuant to Article 16.5.l 16.5.(i) including all activities necessary for the permanent plugging of xxxxx, clean-up, restoration of the area to its natural state, decommissioning of machinery and equipment and returning the Contract Area in an orderly fashion, free from debris and waste, all in accordance with the Best International Industry Standards and Practices.

Appears in 1 contract

Samples: oilnow.gy

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