Common use of Role of Contractor Clause in Contracts

Role of Contractor. After the FOD has taken over conduct of Petroleum Operations and has become Operator, Contractor shall in accordance with the authorities of the JMC as set out in Article 13.2 of the Contract supervise, direct and manage all the planning, decisions, surveillance, and day-to-day conduct of Petroleum Operations by the FOD, as set forth in more detail in this Article 5. In general, Contractor shall make available appropriate managerial and technological skills and personnel to the FOD with a view to ensuring that Petroleum Operations can be performed in accordance with Best International Petroleum Industry Practices. The role of Contractor with respect to Petroleum Operations shall include the following: 5.1 preparing the Rehabilitation Plan, the Enhanced Redevelopment Plan, and all Revisions, as well as Work Programs and Budgets and their Revisions; 5.2 supporting FOD in the implementation of Plans and Work Programs; 5.3 supporting FOD in connection with the use of advanced technology provided by Contractor in connection with Petroleum Operations, including where appropriate providing necessary technical experts, and field supervisors, and providing training to Operator with a view to allowing FOD to take the greatest responsibility practicable for the day-to-day conduct of such activities; 5.4 supporting FOD with respect to the organization of Engineering, Procurement, Installation and Construction procedures, including the establishment of contracting procedures in accordance with Best International Petroleum Industry Practices and relevant Laws and regulations of the Republic of Iraq; 5.5 supporting FOD in connection with financial and accounting matters, including the organization of financing for Petroleum Operations and the negotiation of appropriate financing documentation; the implementation of internal control and financial reporting systems sufficient to allow compliance with the requirements of the Contract and applicable Laws of the Republic of Iraq; the negotiation of engagement arrangements with external auditors (subject to approval by the JMC) including the determination of the scope of work and remuneration of such auditors; 5.6 providing necessary administrative support with respect to the organization of activities of the JMC, including assistance in establishing operating procedures for meetings and written consents of the JMC members, assistance in preparing reports and presentations for the JMC, establishment of administrative support services for the JMC (maintenance of minute books, payment of reasonable expenses relating to meetings, furnishing of documents and information prior to JMC meetings); 5.7 providing such additional support as may be reasonably required in order to allow Petroleum Operations to be conducted in accordance with Best International Petroleum Industry Practices, and as may be approved or requested by the JMC; and 5.8 Contractor shall provide the foregoing services and support either by making personnel with relevant managerial, technical or financial expertise available to FOD, or by providing such services and support directly, or through an Affiliate, as determined by the JMC.

Role of Contractor. After the FOD has taken over conduct of Petroleum Operations and has become Operator, Contractor shall assume a leading role in accordance with the authorities of the JMC as set out in Article 13.2 of the Contract supervise, direct and manage all the planning, decisions, surveillance, and day-to-to- day conduct of Petroleum Operations by the FOD, as set forth in more detail in this Article Section 5. In general, Contractor shall make available appropriate managerial and technological skills and personnel to the FOD with a view to ensuring that Petroleum Operations can be performed in accordance with Best International Petroleum Industry Practices. The role of Contractor with respect to Petroleum Operations shall include the following: 5.1 preparing the Rehabilitation Plan, the Enhanced Redevelopment Plan, and all Revisions, as well as Work Programs and Budgets and their Revisions; 5.2 supporting FOD in the implementation of Plans and Work Programs; 5.3 supporting FOD in connection with the use of advanced technology provided by Contractor in connection with Petroleum Operations, including where appropriate providing necessary technical experts, and field supervisors, and providing training to Operator with a view to allowing FOD to take the greatest responsibility practicable for the day-to-day conduct of such activities; 5.4 supporting FOD with respect to the organization of Engineering, Procurement, Installation and Construction procedures, including the establishment of contracting procedures in accordance with Best International Petroleum Industry Practices and relevant Laws and regulations of the Republic of Iraq; 5.5 supporting FOD and the JMC in connection with financial and accounting matters, including the organization of financing for Petroleum Operations and the negotiation of appropriate financing documentation; the implementation of internal control and financial reporting systems sufficient to allow compliance with the requirements of the this Contract and applicable Laws of the Republic of Iraq; the negotiation of engagement arrangements with external auditors (subject to approval by the JMC) including the determination of the scope of work and remuneration of such auditors; 5.6 providing necessary administrative support with respect to the organization of activities of the JMC, including assistance in establishing operating procedures for meetings and written consents of the JMC members, assistance in preparing reports and presentations for the JMC, establishment of administrative support services for the JMC (maintenance of minute books, payment of reasonable expenses relating to meetings, furnishing of documents and information prior to JMC meetings); 5.7 providing such additional support as may be reasonably required in order to allow Petroleum Operations to be conducted in accordance with Best International Petroleum Industry Practices, and as may be approved or requested by the JMC; and 5.8 Contractor shall provide the foregoing services and support either by making personnel with relevant managerial, technical or financial expertise available to FOD, or by providing such services and support directly, or through an Affiliate, as determined by the JMC.

Role of Contractor. After the FOD has taken over conduct of Petroleum Operations and has become Operator, Contractor shall assume a leading role in accordance with the authorities of the JMC as set out in Article 13.2 of the Contract supervise, direct and manage all the planning, decisions, surveillance, and day-to-to- day conduct of Petroleum Operations by the FOD, as set forth in more detail in this Article Section 5. In general, Contractor shall make available appropriate managerial and technological skills and personnel to the FOD with a view to ensuring that Petroleum Operations can be performed in accordance with Best International Petroleum Industry Practices. The role of Contractor with respect to Petroleum Operations shall include the following: 5.1 preparing the Rehabilitation Plan, the Enhanced Redevelopment Plan, and all Revisions, as well as Work Programs and Budgets and their Revisions; 5.2 supporting FOD in the implementation of Plans and Work Programs; 5.3 supporting FOD in connection with the use of advanced technology provided by Contractor in connection with Petroleum Operations, including where appropriate providing necessary technical experts, and field supervisors, and providing training to Operator with a view to allowing FOD to take the greatest responsibility practicable for the day-to-day conduct of such activities; 5.4 supporting FOD with respect to the organization of Engineering, Procurement, Installation and Construction procedures, including the establishment of contracting procedures in accordance with Best International Petroleum Industry Practices and relevant Laws and regulations of the Republic of Iraq; 5.5 supporting FOD and the JMC in connection with financial and accounting matters, including the organization of financing for Petroleum Operations and the negotiation of appropriate financing documentation; the implementation of internal control and financial reporting systems sufficient to allow compliance with the requirements of the this Contract and applicable Laws of the Republic of Iraq; the negotiation of engagement arrangements with external auditors (subject to approval by the JMC) including the determination of the scope of work and remuneration of such auditors; 5.6 providing necessary administrative support with respect to the organization of activities of the JMC, including assistance in establishing operating procedures for meetings and written consents of the JMC members, assistance in preparing reports and presentations for the JMC, establishment of administrative support services for the JMC (maintenance of minute books, payment of reasonable expenses relating to meetings, furnishing of documents and information prior to JMC meetings); 5.7 providing such additional support as may be reasonably required in order to allow Petroleum Operations to be conducted in accordance with Best International Petroleum Industry Practices, and as may be approved or requested by the JMC; and 5.8 Contractor and contractor shall provide the foregoing services and support either by making personnel with relevant managerial, technical or financial expertise available to FOD, or by providing such services and support directly, or through an Affiliate, as determined by the JMC.