petroleum agreement definition

petroleum agreement means an agreement for the purpose of petroleum activities entered into by Government and another person in accordance with this Act;

petroleum agreement means any agreement, license, contract or other arrangement between the Government and a contractor to conduct upstream petroleum operations in accordance with the provisions of this Act, and may include ─

petroleum agreement or “this Agreement” means the agreement of which this Appendix I forms part.

Examples of petroleum agreement in a sentence

• In this Annexure, unless the context indicates otherwise any word or expression to which a meaning has been assigned in the Petroleum Agreement dated the ......

• The provisions of this Clause 12 shall apply to all drilling operations undertaken pursuant to the Petroleum Agreement and this Contract, provided however that if the drilling operations to be conducted are not part of the Development and Exploitation Works voted by the Management Committee undertaken under Exploitation Concession(s) and are proposed by PETCO, then this Clause shall only apply to PETCO and other eventual Parties, other than ONHYM and their respective Percentage Interest(s).

• If a dispute arises between the Parties in connection with this Contract, the Parties agree to resolve such dispute in conformity with the terms of Article 22 of the Petroleum Agreement.

• This Contract shall be governed and interpreted in conformity with Moroccan Law, in conformity with the terms of Article 7 of the Petroleum Agreement.

• The Parties agree to conform with the terms of Article 21 of the Petroleum Agreement regarding Force Majeure.

More Definitions of petroleum agreement

petroleum agreement means a petroleum agreement referred to in section 13 of the Petroleum (Exploration and Production) Act, 1991;

petroleum agreement means a contract or other arrangement between the Government and a contractor to conduct petroleum operations;

petroleum agreement means an applicable agreement of the kind referred to in section 3;

petroleum agreement means the agreement, contract, or other arrangement between the Government and a contractor to conduct operations in accordance with the provisions of this Act;

petroleum agreement means an agreement for the grant of a licence for petroleum exploration, development and production between the Government and a contractor;”

petroleum agreement or the “Agreement” means the agreement to which this Appendix I is attached;

petroleum agreement means the agreement, contract, license or other arrangement between the National Government and a contractor to conduct upstream petroleum operations in accordance with the provisions of the Act.