Evolving trends in production sharing agreements & cost recovery systems

• Main Authors: Pereira, Eduardo G., Fowler, Reg, Stephens, Thomas, Elias-Roberts, Alicia, Lemos, André, Wan Zahari, Wan Mohd Zulhafiz, Kamil, Reyhan, Kakimov, Nurzhan
• Format: Article
• Language: English
• Published: University of Oklahoma College of Law 2023
• Subjects: K Law (General)
• Online Access: http://irep.iium.edu.my/108454/7/108454_Evolving%20trends%20in%20production%20sharing%20agreements.pdf; http://irep.iium.edu.my/108454/; https://digitalcommons.law.ou.edu/cgi/viewcontent.cgi?article=1408&context=onej

Host nations tend to own and/or control the hydrocarbon resources situated in their own jurisdiction.'Although they can develop such resources by themselves, the high risks and costs involved encourage them to outsource such activities to investors, ie, oil and gas companies. 2 The legal instru...