Project Implementation Procedure. 2.1 The Contractor, realizing the need for a project or contract to which these Procurement Procedures apply pursuant to Article 1.5, shall introduce it as part of the proposed Work Program and Budgets to be developed and submitted by the Contractor to the National Petroleum Agency pursuant to Clause 7 of the Contract. (a) The Contractor shall provide full information with respect to a project including the following: (i) a clear definition of the necessity and objectives of the project; (ii) the scope of the project; and (iii) the cost estimate thereof. (b) The Contractor shall transmit the project proposal along with all related documentation to the National Petroleum Agency for consideration. (c) The National Petroleum Agency shall consider the proposal and the recommendation of the Contractor and shall finally determine the matter. If the National Petroleum Agency does not object to the project or any part thereof within thirty (30) days of the submission of the project, the project, as proposed by the Contractor, shall be deemed to have been approved. 2.2 The project, as approved pursuant to Article 2.1, shall form part of the Work Program and Budget for Petroleum Operations. Such approval shall also constitute all authorizations by the National Petroleum Agency to the Contractor to initiate contracts and purchase orders relevant to the project proposal, subject to the provisions of Articles 1.5 and 3 of this Schedule 4. 2.3 The resources for the project design, supervision, and management shall first be drawn from the Contractor’s available in-house expertise. If the National Petroleum Agency approves the foregoing, it may be performed by the Contractor under the approved budget for the project. Competent Sao-Tomean engineering and design companies shall be given priority over other third parties by the Contractor for such projects in accordance with the Petroleum Law. Staff of the National Petroleum Agency who shall be seconded pursuant to Clause 14 of the Contract shall be fully involved in the project design, supervision and management. 2.4 After approval of the project and its budget, the Contractor shall prepare and transmit to the National Petroleum Agency complete details of the project including the following: (a) project definition; (b) project specification;
Appears in 2 contracts
Samples: Production Sharing Contract, Production Sharing Contract (Kosmos Energy Ltd.)
Project Implementation Procedure. 2.1 The Contractor, realizing the need for a project or contract to which these Procurement Procedures apply pursuant to Article 1.5, shall introduce it as part of the proposed Work Program and Budgets to be developed and submitted by the Contractor to the National Petroleum Agency pursuant to Clause clause 7 of the Contract.
(a) The Contractor shall provide full information with respect to a project including the following:
(i) a clear definition of the necessity and objectives of the project;
(ii) the scope of the project; and
(iii) the cost estimate thereof.
(b) The Contractor shall transmit the project proposal along with all related documentation to the National Petroleum Agency for consideration.
(c) The National Petroleum Agency shall consider the proposal and the recommendation of the Contractor and shall finally determine the matter. If the National Petroleum Agency does not object to the project or any part thereof within thirty (30) days of the submission of the project, the project, project as proposed by the Contractor, Contractor shall be deemed to have been approved.
2.2 The project, project as approved pursuant to Article 2.1, 2.1 shall form part of the Work Program and Budget for Petroleum Operations. Such approval shall also constitute all authorizations by the National Petroleum Agency to the Contractor to initiate contracts and purchase orders relevant to the project proposal, subject to the provisions of Articles 1.5 1 .5 and 3 of this Schedule 4.
2.3 The resources for the project design, supervision, and management shall first be drawn from the Contractor’s 's available in-house expertise. If the National Petroleum Agency approves the foregoing, it may be performed by the Contractor under the approved budget for the project. Competent Sao-Tomean engineering and design companies shall be given priority over other third parties by the Contractor for such projects in accordance with the Petroleum Law. Staff of the National Petroleum Agency who shall be seconded pursuant to Clause 14 of the Contract shall be fully involved in the project design, supervision and management.
2.4 After approval of the project and its budget, the Contractor shall prepare and transmit to the National Petroleum Agency complete details of the project including the following:
(a) project definition;
(b) project specification;
(c) flow diagrams;
(d) projects implementation schedule showing all phases of the project including engineering design, material and equipment procurement, inspection, transportation, fabrication, construction, installation, testing and commissioning;
(e) major equipment specifications;
(f) cost estimate of the project;
(g) an activity status report; and
(h) copies of all approved authorization for expenditure (AFEs).
Appears in 2 contracts
Samples: Production Sharing Contract (Kosmos Energy Ltd.), Production Sharing Contract
Project Implementation Procedure. 2.1 The Contractor, realizing the need for a project or contract to which these Procurement Procedures apply pursuant to Article 1.5, shall introduce it as part of the proposed Work Program and Budgets to be developed and submitted by the Contractor to the National Petroleum Agency pursuant to Clause 7 of the Contract.
(a) The Contractor shall provide full information with respect to a project including the following:
(i) a clear definition of the necessity and objectives of the project;
(ii) the scope of the project; and
(iii) the cost estimate thereof.
(b) The Contractor shall transmit the project proposal along with all related documentation to the National Petroleum Agency for consideration.
(c) The National Petroleum Agency shall consider the proposal and the recommendation of the Contractor and shall finally determine the matter. If the National Petroleum Agency does not object to the project or any part thereof within thirty (30) days of the submission of the project, the project, project as proposed by the Contractor, shall be deemed to have been approved.
2.2 The project, as approved pursuant to Article 2.1, shall form part of the Work Program and Budget for Petroleum Operations. Such approval shall also constitute all authorizations by the National Petroleum Agency to the Contractor to initiate contracts and purchase orders relevant to the project proposal, subject to the provisions of Articles 1.5 and 3 of this Schedule 4.
2.3 The resources for the project design, supervision, and management shall first be drawn from the Contractor’s 's available in-house expertise. If the National Petroleum Agency approves the foregoing, it may be performed by the Contractor under the approved budget for the project. Competent Sao-Tomean engineering and design companies shall be given priority over other third parties by the Contractor for such projects in accordance with the Petroleum Law. Staff of the National Petroleum Agency who shall be seconded pursuant to Clause 14 of the Contract shall be fully involved in the project design, supervision and management.
2.4 After approval of the project and its budget, the Contractor shall prepare and transmit to the National Petroleum Agency complete details of the project including the following:
(a) project definition;
(b) project specification;
(c) flow diagrams;
(d) project implementation schedule showing all phases of the project including engineering design, material and equipment procurement, inspection, transportation, fabrication, construction, installation, testing and comm1ss10nmg;
(e) major equipment specifications;
(f) cost estimate of the project;
(g) an activity status report; and
(h) copies of all approved authorization for expenditure (AFEs).
Appears in 2 contracts
Samples: Production Sharing Contract (Kosmos Energy Ltd.), Production Sharing Contract
Project Implementation Procedure. 2.1 The Contractor, realizing the need for a project or contract to which these Procurement Procedures apply pursuant to Article 1.5, shall introduce it as part of the proposed Work Program and Budgets to be developed and submitted by the Contractor to the National Petroleum Agency pursuant to Clause 7 of the ofthe Contract.
(a) The Contractor shall provide full information with respect to a project including the following:
(i) a clear definition of the ofthe necessity and objectives of the project;
(ii) the scope of the ofthe project; and
(iii) the cost estimate thereof.
(b) The Contractor shall transmit the project proposal along with all related documentation to the National Petroleum Agency for consideration.
(c) The National Petroleum Agency shall shalI consider the proposal and the recommendation of the ofthe Contractor and shall finally determine the matter. If the Ifthe National Petroleum Agency does not object to the project or any part thereof within thirty (30) days of the submission of the project, the project, as proposed by the Contractor, shall be deemed to have been approved.
2.2 The project, as approved pursuant to Article 2.1, shall form part of the Work Program and Budget for Petroleum Operations. Such approval shall also constitute all alI authorizations by the National Petroleum Agency to the Contractor to initiate contracts and purchase orders relevant to the project proposal, subject to the provisions of Articles 1.5 and 3 of this ofthis Schedule 4.
2.3 The resources for the project design, supervision, and management shall first be drawn from the Contractor’s 's available in-house expertise. If the National Petroleum Agency - - -
2.4 approves the foregoing, it may be performed by the Contractor under the approved budget for the project. Competent Sao-Sao- Tomean engineering and design companies shall be given priority over other third parties by the Contractor for such projects in accordance with the Petroleum Law. Staff of the National Petroleum Agency who shall be seconded pursuant to Clause 14 of the Contract shall shalI be fully fulIy involved in the project design, supervision and management.
2.4 . After approval of the project and its budget, the Contractor shall prepare and transmit to the National Petroleum Agency complete details of the project including the following:
(a) project definition;
(b) project specification;
Appears in 1 contract
Samples: Production Sharing Contract
Project Implementation Procedure. 2.1 The Contractor, realizing the need for a project or contract to which these Procurement Procedures apply pursuant to Article 1.51.5, shall introduce it as part of the proposed Work Program and Budgets to be developed and submitted by the Contractor to the National Petroleum Agency pursuant to Clause 7 7 of the Contract.
(a) The Contractor shall provide full information with respect to a project including the following:
(i) a clear definition of the necessity and objectives of the project;
(ii) the scope of the project; and
(iii) the cost estimate thereof.
(b) The Contractor shall transmit the project proposal along with all the relevant related documentation to the National Petroleum Agency for consideration.
(c) The National Petroleum Agency shall consider the proposal and the recommendation of the Contractor and shall finally determine whether to proceed with the matterContractor’s proposal. If the National Petroleum Agency does not object to the project or any part thereof within thirty (30) days of the submission of the project, the project, project as proposed by the Contractor, Contractor shall be deemed to have been approved.
2.2 The project, project as approved pursuant to Article 2.1, 2.1 shall form part of the Work Program and Budget for Petroleum Operations. Such approval shall also constitute all authorizations by the National Petroleum Agency to the Contractor to initiate contracts and purchase orders relevant to the project proposal, subject to the provisions of Articles 1.5 1.5 and 3 3 of this Schedule 4.
2.3 The resources for the project design, supervision, and management shall first be drawn from the Contractor’s available in-house expertise. If the National Petroleum Agency approves the foregoing, foregoing under the approved budget for the project it may be performed by the Contractor under the approved budget for the projectContractor. Competent Sao-Tomean engineering and design companies shall be given priority over other third parties by the Contractor for such projects in accordance with the Petroleum Law. Staff of the National Petroleum Agency who shall be seconded pursuant to Clause 14 14 of the Contract shall be fully involved in the project design, supervision and management.
2.4 After approval of the project and its budget, the Contractor shall prepare and transmit to the National Petroleum Agency complete details of the project including the following:
(a) project definition;
(b) project specification;
(c) flow diagrams;
(d) projects implementation schedule showing all phases of the project including engineering design, material and equipment procurement, inspection, transportation, fabrication, construction, installation, testing and commissioning;
(e) major equipment specifications;
(f) cost estimate of the project;
(g) an activity status report; and
(h) copies of all approved authorization for expenditure (AFEs).
Appears in 1 contract
Project Implementation Procedure. 2.1 The Contractor, realizing the need for a project or contract to which these Procurement Procedures apply pursuant to Article 1.5, shall introduce it as part of the proposed Work Program and Budgets to be developed and submitted by the Contractor to the National Petroleum Agency pursuant to Clause 7 of the Contract.
(a) The Contractor shall provide full information with respect to a project including the following:
(i) a clear definition of the necessity and objectives of the project;
(ii) the scope of the project; and
(iii) the cost estimate thereof.
(b) The Contractor shall transmit the project proposal along with all the relevant related documentation to the National Petroleum Agency for consideration.
(c) The National Petroleum Agency shall consider the proposal and the recommendation of the Contractor and shall finally determine whether to proceed with the matterContractor’s proposal. If the National Petroleum Agency does not object to the project or any part thereof within thirty (30) days of the submission of the project, the project, project as proposed by the Contractor, Contractor shall be deemed to have been approved.
2.2 The project, project as approved pursuant to Article 2.1, 2.1 shall form part of the Work Program and Budget for Petroleum Operations. Such approval shall also constitute all authorizations by the National Petroleum Agency to the Contractor to initiate contracts and purchase orders relevant to the project proposal, subject to the provisions of Articles 1.5 and 3 of this Schedule 4.
2.3 The resources for the project design, supervision, and management shall first be drawn from the Contractor’s available in-house expertise. If the National Petroleum Agency approves the foregoing, foregoing under the approved budget for the project it may be performed by the Contractor under the approved budget for the projectContractor. Competent Sao-Tomean engineering and design companies shall be given priority over other third parties by the Contractor for such projects in accordance with the Petroleum Law. Staff of the National Petroleum Agency who shall be seconded pursuant to Clause 14 of the Contract shall be fully involved in the project design, supervision and management.
2.4 After approval of the project and its budget, the Contractor shall prepare and transmit to the National Petroleum Agency complete details of the project including the following:
(a) project definition;
(b) project specification;
(c) flow diagrams;
(d) projects implementation schedule showing all phases of the project including engineering design, material and equipment procurement, inspection, transportation, fabrication, construction, installation, testing and commissioning;
(e) major equipment specifications;
(f) cost estimate of the project;
(g) an activity status report; and
(h) copies of all approved authorization for expenditure (AFEs).
Appears in 1 contract