Arbitrage et règlement des différends
The arbitration procedure shall be implemented by 3 arbitrators in accordance with the rules of conciliation and arbitration of the...
Modes d'audit
The audited accounts of Addax Petroleum Benin and Abacan Resource must be submitted to the government no later than 3...
Annulation ou Résiliation
In case of non-compliance by Addax Petroleum Benin and Abacan Resource with the provisions of this contract, the government may...
Confidentialité
All the reports, data and information obtained or prepared by Addax Petroleum Benin and Abacan Resource, to the extent where...
Etude sur l'impact environnemental et plan de gestion
Addax Petroleum Benin and Abacan Resource must submit to the government, a general development program indicating, among others, the measures...
Protection de l'environnement
Addax Petroleum Benin and Abacan Resource must submit to the government, a general development program indicating, among others, the measures...
Impôt sur les bénéfices: taux
Addax Petroleum Benin and Abacan Resource shall be required to pay, under the conditions and the due dates established by...
L'infrastructure
The ownership of movable and immovable properties acquired for the petroleum operations shall be automatically transferred by Addax Petroleum Benin...
Emploi du personnel local
Addax Petroleum Benin and Abacan Resource shall be at liberty to hire the personnel required to carry through the petroleum...
Approvisionnement en biens et services locaux
With regard to local procurement, Addax Petroleum Benin and Abacan Resource must give preference to subcontractors of Benin to the...
Emplacement
Exploitation permits:
1-B) 6 05' 00" North 1 40' 00" East
2-C) 6 05' 00"...
Nom de la société signataire
Nom du terrain, quartier, gisement ou lieu
Autre - financière/budgétaire
Addax Petroleum Benin and Abacan Resource shall be released from any tax obligations which, by definition, are included in the...
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.)
The petroleum costs that can be recovered will be limited every year to 75% for oil and 80% for condensate.
The...
Partage de production - Eléments de "Profit Oil" (critères pour la modification du partage, - TRI, facteur "r", niveau de production, etc.)
The remainder of the available crude every year after deduction of the recoverable petroleum costs shall be shared between the...
Ressource(s)
Signataire(s), société
Mr. Marc Lorenceau, president of Addax Petroleum Benin ; Mr. Jean Claude Gandur, President of Addax and Oryx Group ; Mr. Wade Cherwayco, President of Abacan Resource.
Signataire(s), Etat
Mr. Emmanuel Golou, Minister of Mines, Energy and Hydraulics, Government of Benin
Stabilisation
If the laws or regulation of Benin in force on the date of signature and applicable for the execution or...
Agence de l'Etat, société nationale ou ministère signataire du contrat
Ministry of Mines, Energy and Hydraulics, in particular the direction of energy and the department of petroleum operations
Participation de l'Etat
The government shall have the option to acquire a maximum participation of 15% of the rights and obligations of Addax...
Durée
The period covered by the contract shall be divided into two periods: an exploration period and an exploitation period. The...
Formation
Addax Petroleum Benin and Abacan Resource shall undertake to offer adequate training to the Beninese citizens employed for the petroleum...
Utilisation de l'eau
The government must cooperate in order to complete the procedures on behalf of Addax Petroleum Benin and Abacan Resource and...
Obligations de travaux, d'investissements
During the period of the contract, Addax Petroleum Benin and Abacan Resource shall carry out directly the exploration and exploitation...
Pays
Bénin
Date de signature
1997
Ressource
Hydrocarbures
Type de contrat
Accord de production ou d'intéressement aux bénéfices
Identifiant Open Contracting
ocds-591adf-3888035061
Mode de divulgation
Security exchange
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