MODEL REVENUE SHARING CONTRACT (MRSC) BETWEENRevenue Sharing Contract • May 12th, 2023
Contract Type FiledMay 12th, 2023The President of India, acting through the , Ministry of Petroleum and Natural Gas (hereinafter referred to as “the Government”) of the FIRST PART;
MODEL REVENUE SHARING CONTRACT (MRSC) BETWEENRevenue Sharing Contract • December 15th, 2021
Contract Type FiledDecember 15th, 2021The President of India, acting through the , Ministry of Petroleum and Natural Gas (hereinafter referred to as “the Government”) of the FIRST PART;
MODEL REVENUE SHARING CONTRACT (MRSC) BETWEENRevenue Sharing Contract • August 11th, 2021
Contract Type FiledAugust 11th, 2021The President of India, acting through the , Ministry of Petroleum and Natural Gas (hereinafter referred to as “the Government”) of the FIRST PART;
MODEL REVENUE SHARING CONTRACT (MRSC) BETWEENRevenue Sharing Contract • June 8th, 2021
Contract Type FiledJune 8th, 2021The President of India, acting through the , Ministry of Petroleum and Natural Gas (hereinafter referred to as “the Government”) of the FIRST PART;
AND XYZ WITH RESPECT TO CONTRACT AREARevenue Sharing Contract • March 29th, 2021
Contract Type FiledMarch 29th, 2021TABLE OF CONTENTS Article 1 Scope and Definitions Article 2 Participating Interests Article 3 License and Exploration Period Article 4 Relinquishment Article 5 Work Programme Article 6 Management Committee Article 7 Operatorship, Joint Operating Agreement and Operating Committee Article 8 General Rights and Obligations of the Parties Article 9 Government Assistance Article 10 Discovery, Development and Production Article 11 Petroleum Exploration License and Lease Article 12 Unit Development Article 13 Measurement of Petroleum Article 14 Protection of the Environment Article 15 Revenue Share Article 16 Escrow Account Article 17 Taxes, Royalties, Rentals, Duties Etc. Article 18 Domestic Supply, Sale, Disposal and Export of Natural Gas, Crude Oil andCondensate Article 19 Joint Development of Common Infrastructure Article 20 Principles Determining Value of Petroleum Article 21 Employment, Training and Transfer of Technology Article 22 Local Goods and Services Article 23 Insurance and Inde
BETWEEN THE GOVERNMENT OF INDIA AND XYZ WITH RESPECT TO CONTRACT AREARevenue Sharing Contract • February 23rd, 2017
Contract Type FiledFebruary 23rd, 2017TABLE OF CONTENTS Article 1 Definitions Article 2 Participating Interests Article 3 License and Exploration Period Article 4 Relinquishment Article 5 Work Programme Article 6 Management Committee Article 7 Operatorship, Joint Operating Agreement and Operating Committee Article 8 General Rights and Obligations of the Parties Article 9 Government Assistance Article 10 Discovery, Development and Production Article 11 Petroleum Exploration License and Lease Article 12 Unit Development Article 13 Measurement of Petroleum Article 14 Protection of the Environment Article 15 Revenue Share Article 16 Taxes, Royalties, Rentals, Duties Etc. Article 17 Domestic Supply, Sale, Disposal and Export of Natural Gas, Crude Oil and Condensate Article 18 Joint Development of Common Infrastructure Article 19 Valuation of Petroleum Article 20 Employment, Training and Transfer of Technology Article 21 Local Goods and Services Article 22 Insurance and Indemnification Article 23 Records, Reports, Accounts and A
WITH RESPECT TO CONTRACT AREA IDENTIFIED ASRevenue Sharing Contract • September 16th, 2014
Contract Type FiledSeptember 16th, 2014
BETWEEN THE GOVERNMENT OF INDIA AND XYZ WITH RESPECT TO CONTRACT AREARevenue Sharing Contract • August 20th, 2014
Contract Type FiledAugust 20th, 2014TABLE OF CONTENTS Article 1 Scope and Definitions Article 2 Participating Interests Article 3 License and Exploration Period Article 4 Relinquishment Article 5 Work Programme Article 6 Management Committee Article 7 Operatorship, Joint Operating Agreement and Operating Committee Article 8 General Rights and Obligations of the Parties Article 9 Government Assistance Article 10 Discovery, Development and Production Article 11 Petroleum Exploration License and Lease Article 12 Unit Development Article 13 Measurement of Petroleum Article 14 Protection of the Environment Article 15 Revenue Share Article 16 Escrow Account Article 17 Taxes, Royalties, Rentals, Duties Etc. Article 18 Domestic Supply, Sale, Disposal and Export of Natural Gas, Crude Oil andCondensate Article 19 Joint Development of Common Infrastructure Article 20 Principles Determining Value of Petroleum Article 21 Employment, Training and Transfer of Technology Article 22 Local Goods and Services Article 23 Insurance and Indem
BETWEEN THE GOVERNMENT OF INDIA AND XYZ WITH RESPECT TO CONTRACT AREARevenue Sharing Contract • August 20th, 2014
Contract Type FiledAugust 20th, 2014TABLE OF CONTENTS Article 1 Scope and Definitions Article 2 Participating Interests Article 3 License and Exploration Period Article 4 Relinquishment Article 5 Work Programme Article 6 Management Committee Article 7 Operatorship, Joint Operating Agreement and Operating Committee Article 8 General Rights and Obligations of the Parties Article 9 Government Assistance Article 10 Discovery, Development and Production Article 11 Petroleum Exploration License and Lease Article 12 Unit Development Article 13 Measurement of Petroleum Article 14 Protection of the Environment Article 15 Revenue Share Article 16 Escrow Account Article 17 Taxes, Royalties, Rentals, Duties Etc. Article 18 Domestic Supply, Sale, Disposal and Export of Natural Gas, Crude Oil andCondensate Article 19 Joint Development of Common Infrastructure Article 20 Principles Determining Value of Petroleum Article 21 Employment, Training and Transfer of Technology Article 22 Local Goods and Services Article 23 Insurance and Indem