Arbitration and dispute resolution
Disputes, if any, arising between Pertamina and Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International relating...
Audit mechanisms - financial obligations
Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International shall have the right to inspect and audit...
Bonuses
Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International shall pay to Pertamina as compensation for information...
Confidentiality
The government shall have title to all original data resulting from the petroleum operations including but not limited to geological,...
Environmental protections
Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International shall take the necessary precautions for protection of...
Governing law
The laws of the Republic of Indonesia shall apply to this contract. No term or provision of this contract, including...
Income tax: rate
Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International severally pay to the government the income tax...
Infrastructure
Should Pertamina and Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International consider that the processing and...
Language
This contract is drawn up in the English and Indonesian languages. If any questions regarding the interpretation of the 2 texts arises, then the English text shall prevail.
Local employment
Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International agree to employ qualified Indonesian personnel in their...
Local procurement
Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International shall give preference to such goods and services...
Location
The contract area is located at the coordinates set out in Exhibit A. The area shall consist of approximately 15,130 square kilometers.
Name of company executing document
Kerr-McGee of Indonesia, Inc. (operator); Quintana Indonesia Ltd; Samedan Oil of Indonesia, Inc; Wainoco International, Inc.
Other - financial/fiscal
Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International may recover an investment credit amounting to 17%...
Other - miscellaneous
Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International shall be willing to consider to come...
Other - operational
Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International shall fulfill its obligation towards the supply of...
Production Share - Cost Oil features (basis of calculation, limits on cost recovery - e.g. as % of revenue or production, capex uplift, etc.)
Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International will recover all operating costs out of the...
Production Share - "Profit Oil features (triggers for variations in split - IRR, factor, production, etc .)
If the first crude oil production of this contract area is from a marginal field as described below, for such...
Royalties
Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International shall pay to the government the tax on...
State agency, national company or ministry executing the document
Perusahaan Pertambangan Minyak Dan Gas Bumi Negara
State participation
Pertamina shall have the right to demand from Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International...
Term
The term of this contract shall be 30 years from the effective date; however, the contract shall terminate if no...
Training
Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International shall prepare and carry out plans and programs...
Work and investment commitments
The amount to be spent by Kerr-McGee of Indonesia, Quintana Indonesia, Samedan Oil of Indonesia, and Wainoco International in conducting...
Country
Indonesia
Signature Year
1981
Resource
Hydrocarbons
Type of Contract
Concession Agreement | Contract Amendment
Open Contracting Identifier
ocds-591adf-3045742924
Disclosure Mode
Security exchange
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