Posts Tagged ‘PSC’
Masterclass in Production Sharing Contracts (PSC) Exploration and Production Rights and Agreements
Why Choose this Training Course This is a 3-day training course. Participants in this course will gain valuable insights into the operations of the Oil and Gas Industry and the use of PSC in Exploration and Production stages of the Oil and Gas Industry. The life blood of the industry is to be found in…
Read MoreRegional Masterclass on Production Sharing Contracts
Why Choose this Training Course This is a 4-day training course. The Production Sharing Contract is perhaps one of the most fundamental forms of contract to be found in the International Oil and Gas Industry. Nevertheless, it is without a doubt one of the most centrally significant legal agreements to be found. The purpose of…
Read MoreDifferences between Production Sharing Contracts and Concessionary Contracts
Average reading time 9 minutes Since the 1960s, Production Sharing Contracts (PSCs) have begun to replace concessionary contracts to become one of the most fundamental forms of contract to be found in the International Oil and Gas Industry. Thus, many Commercial departments, legal personnel and contract managers in the oil and gas industry are required…
Read MoreImportance of Production Sharing Contracts
Estimated reading time: 7 minutes Production sharing contract (PSC) refers to a contract between one or more investors and the government. This are rights to prospection, exploration and extraction of mineral resources from a specific area cover over a specified period of time are determined. It is also referred to as Production sharing agreement (PSA)used…
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