Petroleum Operations definition

Petroleum Operations means, as the context may require, Exploration Operations, Development Operations or Production Operations or any combination of two or more of such operations, including construction, operation and maintenance of all necessary facilities, plugging and abandonment of Xxxxx, safety, environmental protection, transportation, storage, sale or disposition of Petroleum to the Delivery Point, Site Restoration and any or all other incidental operations or activities as may be necessary.

Petroleum Operations means the activities of Exploration, Appraisal, Development and Production which constitute the object of the Agreement.

Petroleum Operations means all Appraisal, Development, Redevelopment, Production Operations, and any other activities related thereto.

Examples of Petroleum Operations in a sentence

• The Contractor shall be entitled to recover the Petroleum Costs incurred and paid by the Contractor pursuant to the provisions of the Agreement and duly entered in the Contractor's books of accounts, by taking and separately disposing of an amount equal in value to a maximum of [70%] of Crude Oil and [80%] of Natural Gas produced from the Contract Area during that Fiscal Year and not used in Petroleum Operations after the payment of all royalties due to the government.

• D The Contractor has the financial ability, technical competence and professional skills required to carry out the Petroleum Operations in accordance with the Agreement.

• It shall include services and related office costs of personnel performing management, administrative, legal, accounting, treasury, tax, employee relations, computer services, purchasing, engineering, geological, geophysical, and all other functions for the direct benefit of Petroleum Operations.

• B In accordance with the Act, the Federal Government has the authority to grant an authorisation for the Petroleum Operations and to enter into production sharing agreements.

More Definitions of Petroleum Operations

Petroleum Operations means all the activities of Exploration, Exploitation and transportation of Hydrocarbons referred to in this Contract, including storage and processing, especially the processing of Natural Gas, as well as the activities of loading or delivery of Hydrocarbons up to the Delivery Point, excluding activities of refining, storage and distribution of petroleum products.

Petroleum Operations means Exploration Operations and Production Operations carried out in or in connection with a Licence Area;

Petroleum Operations means the operations related to the various phases of the petroleum industry, and includes natural gas processing, exploring for, producing, refining, transporting and marketing petroleum or petroleum products or both, and manufacturing and marketing of petrochemicals; but does not include mining operations involving the extraction of petroleum from bituminous shales, tar sands, asphalt or other like deposits;

Petroleum Operations means all or any of the operations, authorised under this Contract, related to the exploration for, finding, appraisal, development, extraction, production, decommissioning, separation and treatment, storage, transportation, and sale or disposal of, Petroleum up to the point of export or the agreed Delivery Point in Kenya or the point of entry into a refinery and includes Natural Gas processing, liquefaction and compressed Natural Gas operations but does not include petroleum refining operations;

Petroleum Operations means operations carried out pursuant to, or for

Petroleum Operations means the Exploration Operations, the Development Operations, the Production Operations, and all other activities related thereto carried out under this Contract, but excludes mining operations involving the extraction of Petroleum from bituminous shales, tar sands, asphalt or other like deposits.

Petroleum Operations means the operations related to the exploration, development, extraction, production, field separation, transportation, storage, sale or disposal of petroleum; but does not include any transportation or other operations-