Petroleum Activities definition

Petroleum Activities means all activities undertaken to produce Petroleum, authorised or contemplated under a contract, permit or licence, and includes exploration, development, initial processing, production, transportation and marketing, as well as the planning and preparation for such activities;

Petroleum Activities means Surface Reconnaissance and Exploration, as well as Exploration, Appraisal, Extraction and Abandonment activities carried out in the Contract Area by the Contractor in accordance with this Contract.

Petroleum Activities means the activities related to exploration and exploitation of petroleum and natural gas;

Examples of Petroleum Activities in a sentence

• The Contractor shall have the exclusive right to conduct the Petroleum Activities in the Contract Area, subject to the terms of this Contract and the Applicable Laws.

• A de facto replacement shall be deemed to have occurred when, among other circumstances, the Contractor no longer controls the Petroleum Activities.

• During the term of this Contract, the Contractor shall retain ownership of all Materials generated by or acquired for use in the Petroleum Activities.

• Petroleum Activities in the Special Regime Area shall be governed by this Annex, the applicable Petroleum Mining Code and any regulations issued thereunder.

• The Contractor and each of its Subcontractors shall have independent and exclusive responsibility for the workers employed in the Petroleum Activities and for compliance with labor and employment obligations arising under the Applicable Laws or the individual or collective agreements entered into with their personnel and workers.

More Definitions of Petroleum Activities

Petroleum Activities means production, processing, manufacturing or mining of crude oil, gases [including Natural Gas, Compressed Natural Gas, Liquefied Petroleum Gas and regasified gases, etc. as defined in the Petroleum and Natural Gas Regulatory Board Act, 2006 (19 of 2006)] or Biogas or any other petroleum products, or included under Chapter 27 of the Central Excise Tariff Act, 1985 (5 of 1986), including the intermediate products and articles or allied products or activities thereof and includes storage, transportation or distribution of crude oil or gases or biogas or any or all of the petroleum products.

Petroleum Activities means activities carried out by a licensed corporation for exploring, prospecting or mining for petroleum in the JMA;

Petroleum Activities means all activities undertaken to produce petroleum, authorized or contemplated under a contract, permit or licence, and includes exploration, development, initial processing, production, transportation and marketing, as well as the planning and preparation for such activities;

Petroleum Activities means production, processing, manufacturing or mining of crude oil, gases [including Natural Gas, Compressed Natural Gas, Liquefied

Petroleum Activities means any reconnaissance, exploration or production operations;

Petroleum Activities means Appraisal, Extraction and Abandonment activities carried out within the Contract Area by the Contractor in accordance with this Contract.

Petroleum Activities means all activities of exploration for and development of petroleum in the Zone;