Production Sharing Contracts definition

Production Sharing Contracts means any agreement or arrangements made between the Corporation or the holder and any other petroleum exploration and production company or companies for the purpose of exploration and production of oil in the Deep Offshore and Inland Basins;
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Production Sharing Contracts has the meaning given such term in the TPG SPA.
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Production Sharing Contracts means collectively, the (i) Petroleum Contract for Development and Production of the Daan Oil Field of Jilin Province, PRC between GOC and China National Petroleum Corporation on December 16, 1997, as amended on October 25, 2000 and December 20, 2001, as amended, modified and supplemented; (ii) Petroleum Contract for Development and Production of the Miao3 Oil Field of Jilin Province, PRC between GOC and China National Petroleum Corporation on December 16, 1997, as amended on October 25, 2000 and December 20, 2001, as amended,
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Examples of Production Sharing Contracts in a sentence

  • As soon as practicable, the Designated Authority shall enter into the Greater Sunrise Production Sharing Contract under conditions equivalent to those in Production Sharing Contracts JPDA 03-19 and JPDA 03-20, and to the legal rights held under Retention Leases NT/RL2 and NT/RL4 in accordance with Article 22 of the Timor Sea Treaty and Article 27 of the International Unitisation Agreement.

  • The Board shall distribute (a) the minutes of any meetings of the Joint Management Committee under each of the Production Sharing Contracts to each of the Directors and (b) the technical reports received by the Company from time to time, including but not limited to, reserves updates.

  • AND WHEREAS, pursuant to Section 6(3) of the Act, the Minister is authorized to enter into Production Sharing Contracts for the carrying out of Petroleum Operations upon such terms and conditions as the Cabinet may approve.

  • This Supply Agreement shall inure to the benefit of, and be binding upon, PERTAMINA and each Contractor, their respective successors and assigns, provided that this Supply Agreement shall be assignable by a Contractor only if such Contractor concurrently assigns to the same assignee an equal interest in the Production Sharing Contracts.

  • The Assignor holds a one hundred percent (100%) Participating Interest in the Production Sharing Contracts pursuant to which Staatsolie Maatschappij Suriname N.V., on behalf of the Republic of Suriname granted the Assignor the sole and exclusive right to conduct Petroleum Operations in the Contract Area.


More Definitions of Production Sharing Contracts

Production Sharing Contracts has the meaning given such term in the SPA.
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Production Sharing Contracts means the production sharing contracts pertaining to certain operations in Indonesia filed as Exhibits 10.102 and 10.103 to the Company's quarterly report on Form 10-Q for the quarter ending June 30, 1990, as filed with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934.
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Production Sharing Contracts means those agreements entered into on 13 December 2012 between Staatsolie and Kosmos through which Staatsolie granted Kosmos the sole and exclusive right to conduct petroleum operations within the Contract Area.
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Production Sharing Contracts means the Production Sharing Contract for Exploitation of Coalbed Methane Resources in Enhong and Laochang, Yunnan Province, the People’s Republic of China, dated January 25, 2002, by and between China United Coalbed Methane Corp. Ltd. and the Company, and the Production Sharing Contract for Exploitation of Coalbed Methane Resources for the Qinnan Area in Shanxi Province, Qinshui Basin, the People’s Republic of China, dated April 16, 2002, by and between China United Coalbed Methane Corporation Ltd. and the ▇▇▇▇▇▇▇▇ China Inc.
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Production Sharing Contracts means, to the extent such contracts relate to the supply of natural gas to the Bontang Plant, each of:
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Production Sharing Contracts mean collectively, the production sharing contracts, concession agreements, or any other Contract, in each case as amended, granting to, or through, or by which any member of the Addax Group holds or has the right to explore for, develop, extract and/or produce Petroleum Substances in any of (i) the properties described in pages 12 to 13 of the AIF, in the section entitled “Properties Summary”; and (ii) the property subject to Ogueyi Permit No. G4-204 in Gabon;
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Production Sharing Contracts has the meaning set forth in Article 1 of the Trust Agreement.
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