Optimizing Production Sharing Contract For Marginal Fields Development

• Main Author: Bebaha, Hamden
• Format: Final Year Project
• Language: English
• Published: IRC 2014
• Subjects: TA Engineering (General). Civil engineering (General)
• Online Access: http://utpedia.utp.edu.my/14539/1/Dissertation.pdf; http://utpedia.utp.edu.my/14539/

This study proposes an optimized production sharing contract that promote the development of marginal fields by protecting the contractor’s downside while enabling the government to increase its rightful share in case of profitability increment. A marginal field model is developed based on pseudo f...