Joint Operating Agreement definition

Joint Operating Agreement. (JOA) means the operating and participating agreement between the Parties constituting the Contractor that governs their operational activities, obligations and responsibilities under this Contract,

Joint Operating Agreement means any agreement or contract among all of the Contractors with respect to their respective rights or obligations under this Contract, as such agreement or contract may be amended or supplemented from time to time;

Joint Operating Agreement means any joint operating agreement, joint development agreement or other similar contract that is usual and customary in the oil and gas business.

Examples of Joint Operating Agreement in a sentence

• The provisions on confidentiality in Attachment A - Joint Operating Agreement shall apply correspondingly to the expert as mentioned in Article 2.3.3, and Offshore Norge’s personnel.

• The provisions in Article 5.6 in Attachment A - Joint Operating Agreement relating to protocol for the Partner Forum shall apply correspondingly.

• Sole risk operations Charges and credits relating to sole risk operations under Article 19 of Attachment A - Joint Operating Agreement shall be recorded on separate accounts.

• The provision on confidentiality in Attachment A – Joint Operating Agreement Article 27.2 first paragraph does not apply to the members of Industry Forum in the relationship between them with regard to matters and associated information that is processed in or made available to Industry Forum.

• Participation and management Together with other joint ventures on the Norwegian Continental Shelf which have entered into a Joint Operating Agreement and an Accounting Agreement with corresponding provisions, the Parties are entitled to participate in an Industry Forum.

More Definitions of Joint Operating Agreement

Joint Operating Agreement means the Agreement executed between the Parties constituting the Contractor, in accordance with Article 4.9 below, setting forth the respective rights, interests and obligations of the said Parties concerning the Contractual Area and determining the terms under which the Oil Operations shall be carried out, and the expenses and results associated therewith shall be allocated among the said Parties.

Joint Operating Agreement or "JOA" means the agreement concluded between the companies holding shares in the Licence about the performance of the activities comprised by the Licence.

Joint Operating Agreement means any joint operating, unit or unit operating, or other similar agreement between two or more working interest owners, including Company, governing operations on Company properties (or lands pooled or unitized therewith) for the exploration for, and the development and production of, Hydrocarbons.

Joint Operating Agreement. (JOA) means the Joint Operating Agreement attached hereto as Annex-II.

Joint Operating Agreement means any agreement heretofore or hereafter entered into by or including the Producers or some of them and approved by the Minister governing exploration for and production of petroleum and includes any agreement providing for the installation and as applicable sharing of use of facilities for the handling of petroleum.

Joint Operating Agreement means the joint operating agreement for the Bahar Gas Field and the Gum Deniz Oil Field between Bahar Energy, SOA and BEOC entered into for the purpose of regulating operations under the ERDPSA;

Joint Operating Agreement means an agreement between or among holders of working interests or operating rights for the joint exploration, development, operation, or production of minerals.