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Deep Offshore and Inland Basin Production Sharing Contracts Decree (No. 9 of 1999).

Country/Territory
Nigeria
Document type
Legislation
Date
1999
Source
FAO, FAOLEX
Subject
Mineral resources, Sea, Environment gen.
Keyword
Marine pollution Exploration Oil Authorization/permit Pollution control
Geographical area
Africa, North Atlantic, Western Africa
Abstract

This Decree provides for oil prospecting licences relating to Production Sharing Contracts in the Deep Offshore and Inland Basin. It regulates licences and financial arrangements from a tax benefit perspective. “Deep Offshore” means any water depth beyond 200 metres. “Inland" basin is defined in section 18.

Full text
English

References - Legislation

Amended by

Deep Offshore and Inland Basin Production Sharing Contracts (Amendment) Decree (No. 26 of 1999).

Legislation | Nigeria | 1999

Keyword: Exploration, Oil, Contract/agreement, Authorization/permit

Source: FAO, FAOLEX