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Total E&P Senegal, Société des Pétroles du Sénégal, Ultra Deep Offshore, PSA, 2017
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  • ocds-591adf-0878090375
  • April 16, 2018
  • French
  • Senegal See Legislation  in African Mining Legislation Atlas
  • Minister of Energy and Renewable Energy Development
  • May 12, 2017
  • Company-State Contract
  • Production or Profit Sharing Agreement
  • Hydrocarbons
Key Clauses
  • Arbitration and dispute resolution
  • Assignment or transfer
  • Cancellation or termination
  • Confidentiality
  • Environmental impact assessment and management plan
View all Key Clauses
Company
  • Total E&P Senegal
  • France
  • -
  • Place Jean Millier, La Défense 6, 92400, Courbevoie, France
  • 823 557657
  • -
  • -
  • 90%
  • Yes
  • Société des Pétroles du Sénégal
  • Senegal
  • -
  • Dakar, Route du Service Géographique, Hann BP 2076
  • RC SN-DKR-1981-B-82
  • -
  • -
  • 10%
  • No
Associated Documents
No associated documents available.
CONCESSION / LICENSE AND PROJECT
  • -
  • -
  • Ultra Deep Offshore (UDO)
  • -
Source
  • https://www.sec.gouv.sn/actualit%C3%A9/contrat-de-...
  • Government
18 Key Clauses
  • General
  • Environment
  • Fiscal
  • Social
  • Operations
  • Legal Rules
General
Size of concession area
Page 18 ( Art. 9.6 )
Environment
Environmental impact assessment and management plan
Page 18 ( Art. 9.5 )
Environmental protections
Page 10 ( Art. 4.4 ) , ( Art. 4.2(d) )
Fiscal
Financial obligations - community or commodity funds
Page 28 ( Art. 19.6 ) , ( Art. 19.5 )
Income tax: rate
Page 34 ( Art. 23 )
Production Share - Cost Oil features (basis of calculation, limits on cost recovery - e.g. as % of revenue or production, capex uplift, etc.)
Page 31 ( Art. 22 )
State participation
Page 34 ( Art. 24 )
Surface fees or rent
Page 16 ( Art. 8 )
Social
Local employment
Page 27 ( Art. 19.1 )
Training
Page 27 ( Art. 19.2 )
Operations
Work and investment commitments
Page 14 ( Art. 7 )
Legal Rules
Arbitration and dispute resolution
Page 42 ( Art. 32 )
Assignment or transfer
Page 40 ( Art. 29 )
Cancellation or termination
Page 41 ( Art. 30 )
Confidentiality
Page 25 ( Art. 18 )
Governing law
Page 43 ( Art. 33.1 ) , ( Art. 33.2 )
Hardship clause or force majeure
Page 41 ( Art. 31 )
Stabilization
Page 43 ( Art. 33.3 )

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