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Evaluating Performance of Production Sharing Contract and Concessionary System: An Overview and Assessment Based on Examples from Selected CountriesBy P B Jadhav, L.K. Kshirsagar
Abstract: Exploration and production of hydrocarbons in different regions is controlled by regulatory system which is classified in to concessionary and contractual system. The contractual system is further divided in to production sharing and service contracts. Generally, any fiscal system is designed to facilitate maximum benefit to the host government keeping in mind risk taken by the operator in discovering and developing the resources to provide them profitability in oil price …
Published in Journal of Offshore Structure and Technology · Vol. 2, Issue 1, 2015 · pp. 41–54 Read article →