Petroleum Contract definition

Petroleum Contract means a contract, licence or any other type of authorisation entered into or granted pursuant to Article 10;
Petroleum Contract means a written agreement entered into by and between the Vietnam Oil and Gas Corporation and any organization or individual to carry out Petroleum Operations.
Petroleum Contract means any agreement signed between the National Petroleum Agency, for and on behalf of the State, and a Contractor in accordance with this Law that authorizes the performance and regulates the conduct of Petroleum Operations defined therein;

Examples of Petroleum Contract in a sentence

  • Address of the Ministry of Oil for purposes of enforcement of this Guarantee: Petroleum Contract and Licensing Directorate, Ministry of Oil, Baghdad, Republic of Iraq, attention Director General.

  • ZOHDI Masoud, Financial and Accounting Approches in Buy-back and Petroleum Contract, Volume II, op.

  • A Petroleum Contract shall oblige the Contractor to carry on Petroleum Operations only in accordance with work programmes, plans and budgets approved by the Ministry.

  • The Company owns exploration, development and production rights in the East China Sea in relation to Block 25/34 (Petroleum Contract 25/34) and Block 33/07 (Petroleum Contract 33/07).

  • On July 15, 2011, the Company signed a Memorandum of Agreement (“MOA”) with CNOOC to further amend the Petroleum Contract.


More Definitions of Petroleum Contract

Petroleum Contract means any agreement signed between the Government, for and on behalf of the State, and a Contractor in accordance with the Fundamental Law on Petroleum Operations that authorizes the performance and regulates the conduct of applicable Petroleum Operations defined therein;
Petroleum Contract means a contract, licence, permit or other authorisation made or given pursuant to Article 10;
Petroleum Contract means that certain contract entered into on the 8th day of September 1997 by and between CNPC and Pan-China;
Petroleum Contract means a contract, licence, permit or other authorisation made or given pursuant to Article 30 of this Act;
Petroleum Contract has the meaning given in Recital A; Post-Condition Date Liabilities means all claims, costs, charges, expenses, obligations and liabilities relating to or arising out of the Transferred Interests and the Operations calculated on an Accrual Basis of Accounting that are attributable to (or relate to a fact, act or omission attributable to) the period from and after the Condition Date (including for the avoidance of doubt, any Environmental Liabilities and any claims, costs, charges, expenses, obligations and liabilities in respect of any Tax so attributable), provided that:
Petroleum Contract means (a) that certain Usufruct Agreement dated July 20, 1995, as amended by an annex of July 20, 1998 between the State Treasury of the Republic of Poland and POGC covering the Zyweic-Wadowice area; and (b) that certain Usufruct Agreement dated January 9, 1996 between the State Treasury of the Republic of Poland and POGC covering the Stryszawa-Lanckorona area; and (c) that certain Usufruct Agreement dated July 20, 1995 between the State Treasury of the Republic of Poland and POGC covering the Lachowice area; and (d) any concessions for exploitation or exploration covering any part of the areas comprising the above mentioned usufructs, in particular the POGC concessions numbered 64/98/p, 4/96/p and 9/95/p; copies of documents constituting the Petroleum Contract as of the date of signature of this Agreement are attached hereto in Schedule 1;
Petroleum Contract means that certain Exploration and Production Sharing Contract (as amended) dated July 7, 1995 by and between the Government of Gabon, Vaalco Energy (Gabon), Inc. and Vaalco Gabon (Etame) Inc.