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Showing 1 to 3 of 3 for “"Upstream Petroleum Contracts"”.
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Accounting, accountability and governance in upstream petroleum contracts: the case of local content sustainability in the Nigerian oil and gas sector.
… the participation of the local oil firms in the petroleum value-chain. It is a burgeoning concept applied in the upstream petroleum contracts in the developing petro states. This study was conducted to examine the local content accounting, accountability and governance of the Nigerian Content …
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An Analysis of Petroleum Contract Renegotiation under Changed Circumstances
<br/>Renegotiation is an integral feature of upstream petroleum contracts, given their vulnerability to unforeseen supervening events. The underlying assumptions or expectations upon which the parties enter into contracts change over time due to the special character of these agreements. In …
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The Distortionary Effect of Production Sharing Contract in Upstream Petroleum Industry
There is a vast literature on the distortionary effects of the tax-royalty system, while the effects of Production Sharing Contract (PSC) is largely understudied. Moreover, economic studies typically oversimplify the physics of the field and consequently end up with models which do not necessarily …