Deep Offshore definition

Deep Offshore means any water depth beyond 200 metres;
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Deep Offshore means areas offshore Nigeria within a water depth in excess of 200 meters;
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Deep Offshore means any water depth beyond 200 meters.
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Examples of Deep Offshore in a sentence

  • Deep Offshore Technology International Conference and Exhibition.

  • For production sharing contract for deep offshore operation, the royalty rates are:Up to 200 metres water depth16.67%800 – 1,000 metres water depth4%201 - 500 metres water depth12%Above 1,000 metres water depth0%501 - 800 metres water depth8%Petroleum Act Section 5 of Deep Offshore and Inland Basin Production Sharing Contracts Act CAP.

  • This could lead to greater competitiveness between schools to ensure they maintain their own viability in a ‘market economy’.

  • Awuneba currently serves as Executive Director of Multistream Energy Limited; she is on the advisory board of Lagos Deep Offshore Logistics Base (LADOL) and the board of trustees of Youth Business Initiative.

  • A small American engineering firm, Deep Offshore Technology (DOT), adopted the technology to the offshore petroleum sector where it was first used by Conoco on the Hutton field in the British sector of the North Sea, and on the Jolliet field in the Gulf of Mexico.

  • The security management API is used to define and change security configurations such as access control for spaces or named graphs.

  • In the Nigerian PSC, similar to the KRI’s PSCs, there is the stablisation clause, Article 27(Changing in Legislation) states: 27.1 The Parties agree that the commercial terms and conditions of this Contract are based on the existing fiscal terms in accordance with the provision of the Deep Offshore and Inland Basin Production Sharing Contracts Act, 1999 and the fiscal terms as contained in clause 16 of this Contract.

  • The analysis on the price sliding scale royalty regime shows that the amended Deep Offshore and Inland Basin Production Sharing Contract (DOIBPSC) Act ultimate goal is to increase government take both for long and short run.

  • Assessing the Impact of Deep Offshore and Inland Basin Production Sharing Contract Amendments on the Economics of Deep Offshore E&P Assets in Nigeria.

  • Hence the PSCs do not enjoy the fiscal incentives granted to the 1993 and post 93 PSCs. The Act only provides for fiscal incentives to oil companies operating the Deep Offshore and Inland Basin areas.

Related to Deep Offshore

  • Offshore means any country that is not one of the fifty United States or one of the United States Territories (American Samoa, Guam, Northern Marianas, Puerto Rico, and Virgin Islands). Permitted Uses and Disclosure by Business Associate.

  • Deep well means a well located and constructed in such a manner that there is a continuous layer of low permeability soil or rock at least 5 feet thick located at least 25 feet below the normal ground surface and above the aquifer from which water is to be drawn.

  • Qualified offshore wind project means a wind turbine

  • Limited liability partnership or “LLP” shall mean a Company governed by Limited Liability Partnership Act 2008 or as amended;

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • Foreign limited partnership means a partnership formed under laws other than of this state and having as partners one or more general partners and one or more limited partners.