Arbitrage et règlement des différends
Any disputes, differences, or claims arising out of this contract or relating to same, or relating to the breach, termination...
Modes d'audit
Subject to any other provisions of this contract, company shall permit Sonangol's duly authorized representatives and employees to have full...
Primes
Company shall pay to Sonangol, as a signature bonus, the sum of US$ [X] on the effective date.
Such signature bonus shall neither be recovered nor amortized by company.
Confidentialité
The government and company agree to maintain the confidentiality of this contract; provided, however, either party may, without the approval...
Protection de l'environnement
In the course of activities provided for under this agreement, flaring of associated and/or non-associated gas, except short-term flaring necessary...
Loi applicable
This contract shall be governed by and construed in accordance with Angolan law.
Langue
This contract has been prepared and signed in the Portuguese language which shall be the only official version for the...
Approvisionnement en biens et services locaux
Company and its subcontractor shall contract local contractors as long as their services are similar to those available on the...
Emplacement
The location of the contract area is located in the description in Annex A and the map in Annex B
Autre - financière/budgétaire
The minimum exploration work obligations shall be secured by a financial guarantee. Such guarantee shall be given by the company...
Autre - opérationnel
Sonangol and the company group may sign a petroleum operations procedure document which will regulate and interpret the contents of...
Partage de production - Eléments de "Cost Oil" (base de calcul, limites sur le recouvrement des coûts, e.g. comme % des revenues ou de la production, crédit d'investissement, etc.)
Company shall recover all exploration, development, production and administration and services expenditures incurred under this agreement by taking and freely...
Partage de production - Eléments de "Profit Oil" (critères pour la modification du partage, - TRI, facteur "r", niveau de production, etc.)
The total crude oil produced and saved in a quarter from each commercial discovery and its development area and not...
Stabilisation
Without prejudice to other rights and obligations of the parties under the contract, in the event that any change in...
Agence de l'Etat, société nationale ou ministère signataire du contrat
Sociedade Nacional de Combustiveis de Angola - Unidade Económica Estatal (Sonangol, U.E.E)
Durée
There shall be a production period for each development area which shall be 25 years from the date of commercial...
Formation
Company shall be subject to the provisions of Decree No. 20/82 of 17 April 1982, and ancillary regulations regarding the...
Obligations de travaux, d'investissements
Within the initial exploration phase, company will conduct a seismic program covering [X] of seismic profiles.
Such seismic program will begin...
Pays
Angola
Date de signature
1999
Ressource
Hydrocarbures
Type de contrat
Accord de Concession
Identifiant Open Contracting
ocds-591adf-2786162362
Mode de divulgation
Barrows Company
Plus de
Plus de