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Offshore Petroleum Exploitation and International Law: Legal …
Nettet5. apr. 2024 · Evolutive meaning of “exploration” over time? The meaning of the term “exploration” under the Agreement may evolve based on circumstances that changed after the Agreement's conclusion. This is the case if the parties to the Agreement intended such an evolution at the moment of its conclusion [ , Conclusion 8, p. 64]. Nettetexploration noun [ C or U ] uk / ˌek.spləˈreɪ.ʃ ə n / us / ˌek.spləˈreɪ.ʃ ə n / the activity of searching and finding out about something: Livingstone was the first European to make … gettext is not a known member of none
The Issue of Exploration and Exploitation of Hydrocarbons in
NettetConsidering their mutual interest in carrying out jointly exploration and exploitation of petroleum resources in the southern part of the continental shelf adjacent ... The term "operator" means a concessionaire designated and acting as such under the operating agreement with respect to a subzone of the Joint Develop ment Zone. Article II. NettetA joint venture, or JV, is a type of business arrangement where two or more parties make an agreement to pool all of their resources to achieve a specific goal. The goal can be a task, a new project, or any form of business activity. All participants in a joint venture are responsible for all the costs, profits, and losses associated with it. Nettet17. jun. 2024 · List of acronyms in oil and gas exploration and production. 1C – Proved Contingent Resources. 1P – Proven reserves. 2C – Proved and probable Contingent Resources. 2D – two … christoffer polcwiartek