offshore activities definition
offshore activities means activities carried on offshore in a Contracting State in connection with the exploration or exploitation of the sea bed and sub-soil and their natural resources situated in that State.
offshore activities means activities carried out in the maritime area for the purposes of the exploration, appraisal or exploitation of liquid and gaseous hydrocarbons.
offshore activities means any:
More Definitions of offshore activities
offshore activities means activities carried out in the sea for the purpose of the exploration, appraisal or exploitation of liquid and gaseous hydrocarbons;
offshore activities means any: ▪ embarkation onto a conveyance (until disembarkation from such conveyance onto land) for the purpose of travel to or from; ▪ transit between; or ▪ activities on or from; any offshore structure, platform, installation, accommodation vessel or associated structure.
offshore activities means any activities in respect of which the Secretary of State exercises functions under the Petroleum Act 1998, being activities carried out in the relevant area;
offshore activities means activities carried out in the territorial seas for the purpose of the exploration, appraisal or exploitation of petroleum;
offshore activities means activities which are carried on offshore in a Contracting State in connection with the exploration or exploitation of the sea bed and sub-soil and their natural resources situated in that Contracting State.
offshore activities is defined as activities carried out in one of the two countries in connection with the exploration or exploitation of the seabed and the subsoil and their natural resources situated in that country, and includes the installation and exploitation of pipelines and other installation under or above the surface of the sea. Bearing in mind the above, gains derived by an enterprise of one of the two countries from the disposal of: - exploration or exploitation rights, or - movable property situated in the other country and used in connection with offshore activities, or - shares or comparable interest deriving their value or the greater part of their value directly or indirectly from such rights and/ or such property may be taxed in that other country.