- Oil and Gas International - Licensing Concessions . . .
Oil and Gas International (OGI) is the world's leading and most respected online source of upstream petroleum industry news, information, and analysis including exploration discoveries, drilling completion, development production, licensing concessions, geosciences, HSE, company news, and much more
- Concession - 2B1st Consulting
Oil and gas concessions are very similar to mining concessions considering that in all countries, are long term agreements signed between the State of a producing country and the operating company, usually an International Oil Company (IOC) shall buy a concession license for the exploration of a given block
- The ABCs of Petroleum Contracts: License-Concession . . .
Concession or license agreements have evolved considerably since their introduction in the early 1900s as one-sided contracts when many of the resource-rich nations of today were dependencies, colonies, or protectorates of other states or empires
- Gulf Coast Oil Gas Company - Midland - Texas - tuugo. us
Oil and Gas International (OGI) is the world's leading and most respected online source of upstream petroleum industry news, information, and analysis including
- Types of Oil Contracts - Oil4All - OpenOil
While the benefit to companies comes directly in the form of ownership over any oil and gas found, governments granting concessions benefit in the form of taxes and royalties on oil and gas produced Companies compete by offering bids, often coupled with signing bonuses, for the license to these rights
- concession - Schlumberger Oilfield Glossary
A grant extended by a government to permit a company to explore for and produce oil, gas or mineral resources within a strictly defined geographic area, typically beneath government-owned lands or lands in which the government owns the rights to produce oil, gas or minerals The grant is usually awarded to a company in consideration for some type of bonus or license fee and royalty or
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Oil and Gas International (OGI) is the world's leading and most respected online source of upstream petroleum industry news, information, and analysis including exploration discoveries, drilling completion, development production, licensing concessions, geosciences, HSE, company news, and much more
- Oil and gas agreement - Wikipedia
The oil and gas industry operates in countries throughout the world in accordance with a number of different types of agreements These agreements generally fall into one of four categories (or a combination of the categories): risk agreements, concessions, production sharing agreements (PSAs, also known as production sharing contracts, PSCs) and service contracts
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