University:
California State University, Northridge
Course:
IS 441 | Database Management Systems
Academic year:

2023
Views:

459

Pages:

2
Author:

Danial A.

Technical Assistance Contract Type of Contract Technical Assistance Contract Management Pertamina Participating Interest Contractor Operator Contractor Investment Contractor Term 20 years Initial Phase Pilot Phase Testing and Evaluation of Oil Field Commitment Determined in the contract, Firm Years up to 6 years Termination/ Back-out Only after 2 Years Commerciality Pertamina / Contractor Declaration Of Commercial Viability of the Project Development Phase Approved Work Program + Budget Proceeds (Oil) After Cost Recovery 65/35 incremental/sharable oil Corporate Taxes Yes (44%) Cost Recovery Past Expenditure Ceiling / Depreciation max 30% No of its year production Investment Credit Yes: 40% of total investment Interest on Loan Yes of Custom Duty Exemption Gas Not Entitled Domestic market obligation On sharable oil 0.2 US$ after 5 years Entitled to Data Yes Entitle to Equipment Property of Pertamina Operating Body Contractor Relinquishment None Flow of Oil