Arbitration and dispute resolution
If a dispute arises between Timor Sea Designated Authority and Eni JPDA 11-106 B.V., INPEX Offshore Timor-Leste, Ltd., Timor Gap...
Audit mechanisms - financial obligations
Timor Sea Designated Authority may require, at Eni JPDA 11-106 B.V., INPEX Offshore Timor-Leste, Ltd., Timor Gap PSC 11-106, Unipessoal...
Confidentiality
Except with the consent of Timor Sea Designated Authority, or as required by law or the rules of a recognized...
Environmental impact assessment and management plan
The development plan shall include an environmental impact statement and proposals for environmental management covering the life of the development.
Within...
Environmental protections
Eni JPDA 11-106 B.V., INPEX Offshore Timor-Leste, Ltd., Timor Gap PSC 11-106, Unipessoal Limitada (Eni JPDA and companies) shall carry...
Infrastructure - third party use
Eni JPDA 11-106 B.V., INPEX Offshore Timor-Leste, Ltd., Timor Gap PSC 11-106, Unipessoal Limitada (Eni JPDA and companies) shall provide...
Local employment
Eni JPDA 11-106 B.V., INPEX Offshore Timor-Leste, Ltd., Timor Gap PSC 11-106, Unipessoal Limitada shall take reasonable steps to comply...
Local procurement
Eni JPDA 11-106 B.V., INPEX Offshore Timor-Leste, Ltd., Timor Gap PSC 11-106, Unipessoal Limitada (Eni and companies) shall take reasonable...
Name of company executing document
Eni JPDA 11-106 B.V., INPEX Offshore Timor-Leste, Ltd., Timor Gap PSC 11-106, Unipessoal Limitada
Production Share - Cost Oil features (basis of calculation, limits on cost recovery - e.g. as % of revenue or production, capex uplift, etc.)
In each calendar year, Eni JPDA 11-106 B.V., INPEX Offshore Timor-Leste, Ltd., Timor Gap PSC 11-106, and Unipessoal Limitada shall...
Production Share - "Profit Oil features (triggers for variations in split - IRR, factor, production, etc .)
Any petroleum not taken for royalties or recoverable cost petroleum shall be shared as to 40% by Timor Sea Designated...
Royalties
In each calendar year, Timor Sea Designated Authority shall take a royalty of 5%
State agency, national company or ministry executing the document
Timor-Leste Auteridad Nacional de Petroleo
Term
This agreement shall terminate on the first to occur of:
(i) all of the contract area being relinquished pursuant to Art....
Training
Eni JPDA 11-106 B.V., INPEX Offshore Timor-Leste, Ltd., Timor Gap PSC 11-106, Unipessoal Limitada (Eni and companies) shall take reasonable...
Work and investment commitments
In contract years 1,2 and 3 mentioned below, Eni JPDA 11-106 B.V., INPEX Offshore Timor-Leste, Ltd., Timor Gap PSC 11-106,...
Country
Australia
Signature Year
2013
Resource
Hydrocarbons
Type of Contract
Production or Profit Sharing Agreement
Open Contracting Identifier
ocds-591adf-5301138756
Disclosure Mode
Company
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