Contract - Иностранные языки и языкознание реферат
A Contract for the Development and Production from the Field in accordance with the provisions herein contained. Term of contract and conduct of Petroleum operations. Books of account, accounting and audit. Liability and insurance, laws and regulations.
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ARTICLE 6. MINIMUM WORK AND EXPENDITURE OBLIGATIONS
ARTICLE 9 - CONDUCT OF PETROLEUM OPERATIONS
ARTICLE 13 JOINT MANAGEMENT COMMITTEE
ARTICLE 17. MEASUREMENT, TRANSPORT AND DELIVERY
ARTICLE 18. COST RECOVERY AND PRODUCTION SHARING
ARTICLE 19. VALUATION OF COMMERCIAL OIL
ARTICLE 20. BOOKS OF ACCOUNT, ACCOUNTING AND AUDIT
ARTICLE 21. EXCHANGE AND CURRENCY CONTROL
ARTICLE 24. LIABILITY AND INSURANCE
ARTICLE 30. LOCAL GOODS AND SERVICES
ARTICLE 39. SETTLEMENT OF DISPUTES - ARBITRATION
This Contract is made, signed and entered into, on this __ day of __ 200_ by and between:
(PART 1), (State Body of State X) (hereinafter referred to as "State Body") of the one part, and
(PART 2) being a legal entity, established and existing under the laws of the (Y) with office in ______________,
(PART 3) being a legal entity, established and existing under the laws of the (Z) with office in ______________
being collectively referred to hereinafter as "Contractor", of the other part.
State Body and Contractor are referred to hereinafter either individually as "Party" or collectively as "Parties".
WHEREAS, (State X) is the sole owner of all natural resources within its territory and offshore areas and has the exclusive right to explore, develop, extract, exploit and utilize the natural resources there from; and
WHEREAS, the State Body of Oil is the Governmental body concerned and entrusted with 9 exploration, development and production of Petroleum within (State X): and
WHEREAS, the Contractor is of sound financial standing and possesses technical competency to can out development and production and generally all and any Petroleum Operations as hereinafter defined: and
WHEREAS, the Parties mutually declare that they have the power authority and desire to enter into this Development and Oil Production Contract in relation to the Second Stage of (X oilfield) as defined herein.
NOW THEREFORE, and in consideration of the premises and the mutual covenants hereinafter set out, the Parties agreed as follows:
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Contract реферат. Иностранные языки и языкознание.
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