MIREME definition
Examples of MIREME in a sentence
The Recipient, through MIREME, shall and shall cause EDM to furnish to the Association each Project Report not later than one month after the end of each calendar semester, covering the calendar semester.
The Operator shall upon the approval by the Operating Committee submit the prepared Documentation of alternatives proposed and preferred decommissioning solutions and appurtenant Documentation to MIREME pursuant to applicable Petroleum law.
The Recipient, through MIREME, declares its commitment to the objective of the Project and the MPA Program.
The Operator shall after the approval by the Operating Committee of any Decommissioning Plan or amended Decommissioning Plan, submit such Decommissioning Plan with related Documentation to MIREME and other relevant Government entities pursuant to applicable law.
The Operator shall, based on the selection by MIREME of the preliminary Decommissioning solution or an approved Decommissioning Plan, prepare and submit to the Operating Committee for approval a schedule for amounts payable to the Decommissioning Fund by each Concessionaire pursuant to applicable Petroleum law and the EPCC.
The Concessionaire shall pursuant to applicable law submit to MIREME for Government consideration and approval a Development Plan for a proposed Development and Production Area for one or more Discoveries so as to include, so far as the boundaries of the EPCC Area permit, the entire area of the Petroleum Deposit or Deposits in respect of which a Declaration of Commerciality has been given.
The Recipient, not later than 30 days after the Effective Date shall cause EDM and MIREME to prepare a Project operation manual acceptable to the Association, and thereafter shall cause EDM and MIREME, to carry out the Project in accordance with the POM.
MIREME shall, within twelve (12) months from receipt of the proposed Development Plan submitted by the Concessionaire, give its views on the matter.
Every other agreement than the Joint Operating Agreement relating to the Petroleum Operations made between the Concessionaires shall be consistent with the provisions of this EPCC and shall be submitted to MIREME for approval as soon as the same has been executed.
In this event the relevant sub-period of the Exploration Period shall be extended, by a reasonable period of time as MIREME may agree to allow the drilling and evaluation of the substitute Well.