Table of Contents
TABLE OF CONTENTS
1 Table of Contents 2
1.1 List of Figures 4
2 Introduction 5
2.1 Global Markets Direct Report Coverage 5
2.2 What
Is This Report About? 5
2.3 How To Use This Report 5
3 Brunei
Darussalam Petroleum Fiscal Environment 6
3.1 Governing Law 6
3.2
Licensing Authority 6
3.3 National Oil Company 6
3.4 Contract Type
6
3.5 State Participation 6
4 License terms 7
4.1 Exploration
7
4.1.1 Area 7
4.1.2 Duration 7
4.1.3 Relinquishment 7
4.1.4
Exploration obligation 7
4.2 Production 7
4.2.1 Area 7
4.2.2
Duration 7
5 Key Fiscal Terms 8
5.1 Royalty 8
5.2 Bonuses 8
5.3 Fees 8
5.4 Cost Recovery 8
5.5 Profit Sharing 8
5.6 Taxation
8
5.7 Deductions and Depreciation 9
5.8 Withholding Tax 9
5.9 Ring
Fence 9
5.10 Domestic Market Obligation 9
6 sAMPLE CASHFLOWS
CALCULATIONS 10
7 APPENDIX 11
7.1 Methodology 11
7.2 Definitions
11
7.2.1 Units of Measure 11
7.2.2 Definition 11
7.3 Contact Us
12
7.4 About Global Markets Direct 12
7.5 Disclaimer 12
1.1 List of Figures
Figure 1: Brunei, Upstream Oil & Gas Fiscal Regime
(PSA), Sample Cashflows, 2005-2016 10
View Cart
