Examples of Syncrude Project in a sentence
After 2015, the Syncrude Project will be subject to the New Royalty Framework that applies to the entire oil sands industry.
The agreement sets out the requirements for unanimous agreement of the Syncrude Participants to undertake major expansions to the Syncrude Project or to change the operator of the Project.
Under the terms of the Ownership and Management Agreement, each Syncrude Participant is required to fund its proportionate share of the operating and approved capital expenditures of the Syncrude Project and in turn receives its share of the SCO and other products produced by SCL as operator of the Syncrude Project.
The agreements set out the basis upon which the Syncrude Participants will pay Crown royalties to the Alberta government in respect of production from various leases in the Syncrude Project.
Failure to fund by a Syncrude Participant results in the loss by that Syncrude Participant of its share of the SCO and products produced from the Syncrude Project until the other Participants have been able to offset the expenditure liability for which the defaulting Participant owes.
This agreement outlines and governs the basis upon which the various owners of the Syncrude Project created the Syncrude Joint Venture and how the Syncrude Participants authorize and govern the operation of such project by SCL.
Through various amendments, the Alberta government agreed to a maximum royalty payable by the Syncrude Participants in respect of production from various leases in the Syncrude Project as to the greater of one percent of the gross revenues and 25 percent of net revenues less allowed applicable operating, non- production and capital costs up to and including December 31, 2015.
In a state with a one-of-a-kind legislative agency that controls executive functions, such as HR, this seems especially relevant.
Louisiana Department of Environmental Quality, Briefing Sheet: Petrozuata Syncrude Project, Lake Charles Refinery, Conoco, Inc.
The length of the major shutdown defined by the 100% formula will be defined as the period of time from the installation of "safing blanks" for the major shutdown, until their removal.Amended Language:12.603 For the Syncrude Project Only:a) Long-Term maintenance employees except those as noted in Clause 12.604, will be paid Short- Term maintenance rates and overtime conditions from the feedstock “out” date to the feedstock “in” date.