National Oil Company definition

National Oil Company means the company established under the Petroleum (Exploration, Development and Production) Act, 2013;
National Oil Company means the Tanzania Petroleum Development Corporation as provided under section 8;
National Oil Company means the State Company Saknavtobi or its successor legal entity.

Examples of National Oil Company in a sentence

  • It is India’s National Oil Company under the aegis of Ministry of Petroleum and Natural Gas.

  • Petron was incorporated in the Philippines on December 22, 1966 as “Esso Philippines Inc.” Petron was renamed “Petrophil Corporation” in 1974 when the Philippine National Oil Company (“PNOC”) acquired it.

  • Some SOEs, or GREs as they are referred to locally, such as the Abu Dhabi National Oil Company, are strategically important companies and a major source of fiscal revenues.

  • Further, the company has acquired 3% Participation Interest (PI) in Lower Zakum Concession(LZC), offshore UAE from Abu Dhabi National Oil Company (ADNOC) with effective date from 9.3.2018.

  • Quarter on quarter, the average Dollar gold price received was 2.5% higher at US$406 per ounce and the Rand gold price was 3% higher at R88 577 per kilogram.

  • The current government, which is underwritten by the UN and the USA, has restored democracy and through its government agency, The National Oil Company of Liberia, (NOCAL) is directing efforts towards the opening up of the natural resource sector to foreign investment, and consequently, is also laying great emphasis on infrastructure.

  • Both the likelihood of such occurrences and their overall effect upon the Corporation vary greatly from country to country and are not predictable.In accordance with a nationalization decree issued by Venezuela’s president in February 2007, by May 1, 2007, a subsidiary of the Venezuelan National Oil Company (PdVSA) assumed the operatorship of the Cerro Negro Heavy Oil Project.

  • Nigerian government alleged that the Korean National Oil Company is yet to pay the balance of $231 Million signature bonus on the two oil blocks allocated to it.

  • The extension of the reconnaissance permit by National Oil Company of Liberia (“NOCAL”) provides both the company and NOCAL additional time to complete the technical review.

  • The investments, diversified across multiple sectors, are considered to be a platform for the future growth of Dubai and include Dubai's most recognised companies including but not limited to, in addition to ENBD, Borse Dubai Limited, Dubai Islamic Bank P.J.S.C., Commercial Bank of Dubai P.J.S.C., The Emirates Group (including dnata), Dubai Aerospace Enterprise (DAE) Ltd, Dubai Aluminium PJSC, Dubai Cable Company (Private) Ltd, Emirates National Oil Company Limited (ENOC) LLC and Emaar Properties PJSC.


More Definitions of National Oil Company

National Oil Company means the Ghana National Petroleum Corporation and any other national oil or gas company that may be established by the government to participate directly in petroleum activities.
National Oil Company means Guinea Ecuatorial de Petroleos (GEPetrol), Empresa Nacional de Petróleos, which was established as the national oil company by Presidential Decree No. 9/2001 of February 7th and its amendments, or any other that may replace it.
National Oil Company means the company which is majority owned by the Republic of Croatia and which is registered for the activity of Hydrocarbon Exploration and Production.
National Oil Company means Guinea Ecuatorial de Petroleos (GEPetrol), Empresa Nacional de Petróleos, which was established as the national oil company by Presidential Decree No. 9/2001 of February 7th 2001 and its amendments;
National Oil Company means a customer of the Company Group that is fully-owned or partially-owned by a Governmental Body.
National Oil Company means the Tanzania Petroleum Development Corporation which is established under the Tanzania Petroleum Development (Establishment) Order and the abbreviations “NOC” shall be construed accordingly;

Related to National Oil Company

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  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

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  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

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  • First Horizon First Horizon Home Loan Corporation, a Kansas corporation and an indirect wholly owned subsidiary of First Tennessee National Corporation, a Tennessee corporation. Fitch: Fitch Ratings or any successor thereto. If Fitch is designated as a Rating Agency in the Preliminary Statement, for purposes of Section 11.5(b) the address for notices to Fitch shall be Fitch, Inc., Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group, or such other address as Fitch may hereafter furnish to the Depositor and the Master Servicer.

  • Natural uranium means uranium with the naturally occurring distribution of uranium isotopes, which is approximately 0.711 weight percent uranium-235, and the remainder by weight essentially uranium-238.

  • Natural resources means all land, fish, shellfish, wildlife, biota,

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  • Oil sands means impregnated bituminous sands that:

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  • Class II renewable energy means electric energy produced at a

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  • Native Hawaiian means any individual who is a descendant of the aboriginal people who, prior to 1778, occupied and exercised sovereignty in the area that now constitutes the State of Hawaii.

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.

  • Natural Resource or “Natural Resources” shall mean land, fish, wildlife, biota, air, water, ground water, drinking water supplies, and other such resources, belonging to, managed by, held in trust by, appertaining to, or otherwise controlled by the United States or the State.

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