Common Contracts
1 similar Production Sharing Agreement contracts
Appendix. Production Sharing AgreementsProduction Sharing Agreement • April 9th, 2021
Sharing production between the SNH and the private oil companies. Private oil companies receive from the government the right to explore/exploit a specific field, but have to share any production generated from the field with the SNH. The split varies from 70/30 in favor of SNH to 50/50.28 On average, the split is 63/37 in favor of SNH.
