Statements (28)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:law
|
| gptkbp:alternativeTo |
Concession Agreement
Production Sharing Contract |
| gptkbp:commonIn |
gptkb:Iran
gptkb:Iraq gptkb:Kuwait |
| gptkbp:duration |
Typically 5-20 years
|
| gptkbp:feature |
Ownership of resources remains with host country
Performance-based compensation Service provider does not own oil or gas Service provider is paid a fee |
| gptkbp:governs |
Relationship between national oil company and service provider
|
| https://www.w3.org/2000/01/rdf-schema#label |
Technical Service Contract
|
| gptkbp:includes |
Technical assistance
Field development Operation and maintenance Training of local staff |
| gptkbp:negotiatedBy |
National oil company
International oil company |
| gptkbp:purpose |
Managing oil field operations
Outsourcing technical services |
| gptkbp:regulates |
Host country laws
|
| gptkbp:riskAllocation |
Host country retains most risks
Service provider bears operational risks |
| gptkbp:usedIn |
gptkb:Oil_and_Gas_Industry
Energy Sector |
| gptkbp:bfsParent |
gptkb:West_Qurna_oil_field
|
| gptkbp:bfsLayer |
7
|