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Can I read PSC Obligations for Oil Block Infrastructure on EtoBox?
PSC Obligations for Oil Block Infrastructure by stupidnger is a document available to read on EtoBox.
What is PSC Obligations for Oil Block Infrastructure about?
The document outlines the legal obligations of the Consortium under the Production Sharing Contracts (PSCs) for Blocks 7 and 21, emphasizing the requirement to use qualified personnel and suitable technology during operations, as well as the obligation to return infrastructure in good condition upon termination. It details specific clauses that mandate the Consortium to maintain industry standards and return equipment at no cost, while also addressing the definitions of obsolescence and the condition of the
- Author
- stupidnger
- Language
- EN