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GALP Energia São Tomé E Príncipe, Unipessoal, Lda, Block 6, PSA, 2015
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  • ocds-591adf-6639553481
  • May 24, 2016
  • English
  • Sao Tome and Principe See Legislation  in African Mining Legislation Atlas
  • Agência Nacional Do Petróleo Of Sao Tome And Principe
  • October 26, 2015
  • Company-State Contract
  • Production or Profit Sharing Agreement
  • Hydrocarbons
Key Clauses
  • Arbitration and dispute resolution
  • Assignment or transfer
  • Bonuses
  • Cancellation or termination
  • Confidentiality
View all Key Clauses
Company
  • GALP Energia São Tomé E Príncipe, Unipessoal, Lda
  • Sao Tome and Principe
  • -
  • Avenida da Independência 392, II/III, Caixa Postal 638, São Tomé, São Tomé e Príncipe
  • -
  • -
  • Agência Nacional do Petróleo
  • -
  • Yes
Associated Documents
GALP Energia São Tomé E Príncipe, Unipessoal, Lda, Block 6, PSA, 2015 (Main Contract)
GALP Energia São Tomé E Príncipe, Unipessoal, Lda, Block 6, Amendment, 2015
GALP Energia São Tomé E Príncipe, Unipessoal, Lda, Kosmos Energy São Tomé e Príncipe, Block 6, Deed of Assignment, 2015
CONCESSION / LICENSE AND PROJECT
  • -
  • -
  • Block 6
  • Block 6
Source
  • http://services.corporate-ir.net/SEC.Enhanced/SecC...
  • Government
21 Key Clauses
  • General
  • Environment
  • Fiscal
  • Social
  • Operations
  • Legal Rules
General
Language
Page 38 ( Art. 32.4 )
Environment
Environmental impact assessment and management plan
Page 13 ( Art. 7.2 )
Fiscal
Bonuses
Page 9 ( Art. 2.1-2.4 )
Financial obligations - community or commodity funds
Page 9 ( Art. 2.5-2.7 )
Income tax: rate
Page 27 ( Art. 16.1 )
Production Share - "Profit Oil features (triggers for variations in split - IRR, factor, production, etc .)
Page 18 ( Art. 10.1(d)-10.2 )
Production Share - Cost Oil features (basis of calculation, limits on cost recovery - e.g. as % of revenue or production, capex uplift, etc.)
Page 18 ( Art. 10.1(b)-10.1(c) ) , Page 41 ( Schedule 2, Art. 2 ) , Page 47 ( Schedule 2, Art. 4.5(b) )
Royalties
Page 18 ( Art. 10.1(a) )
State participation
Page 16 ( Art. 8 )
Social
Local employment
Page 18 ( Art. 9.2(l) ) , Page 25 ( Art. 14.1-14.4 )
Local procurement
Page 18 ( Art. 9.2(m) ) , Page 53 ( Schedule 4, Art. 1.5(f)-1.5(g) ) , Page 56 ( Schedule 4, Art. 5.5 )
Protections or benefits for employees, dependents, or others
Page 25 ( Art. 14.6 )
Training
Page 17 ( Art. 9.2(k) ) , Page 25 ( Art. 14.1 ) , ( Art. 14.3-14.4 ) , ( Art. 14.7-14.8 )
Operations
Work and investment commitments
Page 13 ( Art. 7 )
Legal Rules
Arbitration and dispute resolution
Page 34 ( Art. 25 )
Assignment or transfer
Page 30 ( Art. 19 )
Cancellation or termination
Page 31 ( Art. 20 )
Confidentiality
Page 29 ( Art. 18 )
Governing law
Page 33 ( Art. 22.1 )
Hardship clause or force majeure
Page 32 ( Art. 21 )
Stabilization
Page 36 ( Art. 27 )

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