Active Production Sharing Contracts

An overview of active production sharing contracts. The contract gives the contractors the authority to operate in the respective block on behalf of Staatsolie. 

 


Offshore blocks map. Click to enlarge.

 

CSR included in PSC

In the Production Sharing Contracts (PSCs) our partnering international oil companies (IOCs) have agreed to allocate a certain amount per year for community development and/or training programs within the petroleum industry. The corporate social responsibility (CSR) must stimulate development and welfare of our communities. Focus is among other on the environment, health, education and capacity building.