##tihuan2##what is a petroleum prospecting licence (ppl)? This is a licence awarded by the Minister of Petroleum Resources under section 72 of the Petroleum Industry Act, …
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##tihuan2##69. Prohibition of sale of plants, animals, water obtained in the Mining Lease area without authorisation. 70. Obligations of Mining Lease holder. 71. Pre-conditions for commencement of development. 72. Rights to graze livestock by occupier of land or holder of certificate of occupancy. 73. Technical supervision of mining under a Mining Lease. 74.
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##tihuan2##that under the concession agreements the state grants the contract holder exclusive exploration rights (exploration license), as well as an exclusive development and production right (lease or concession) for each commercial discovery whilst Cotula, ... Main Features and Trends in Petroleum and Mining Agreements, 1983). The non-existent ...
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##tihuan2##Petroleum Exploration Licence (PEL) and Petroleum Mining Lease (PML) PEL is granted for a period of 7 years in onland and shallow water areas and for 8 years in deepwater and frontier areas for exploration activities as per PSC provisions under NELP. Petroleum Mining Lease (PML) is awarded for 20 years for producing Hydrocarbons as per. The ...
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##tihuan2##Mining Act 1992 forms; Mining Act fees; Petroleum (Onshore) Act 1991 forms; Conveyancing search; Advertising requirements, guidelines and policies; General conditions for mining and exploration; Consultation; Minamata Convention on mercury - restriction on mining in NSW; Devolution of mining interests under the Mining Act 1992; Petroleum …
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##tihuan2##Exploration Licensing; Petroleum information; Tasmania. Mineral Resources Development Act 1995; Mineral Resources Regulations 2016; Mining (Strategic Prospectivity Zones) Act 1993; ... for example when mining or exploration activities may impact on water resources. Taxation. Those currently investing, or considering investing, in minerals and ...
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##tihuan2##The Petroleum Mining Lease (for Olo) and Petroleum Prospecting License (for Olo West) will be issued after the payment of relevant Ministerial Consent fees and completion of approved Field development …
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##tihuan2##Finally, oil mining lease usually valid up to 20 years when issued. It takes within 3 to 6 months for a mining lease to be processed and it can only be granted to the holder of oil prospecting license. Unless with the consent of petroleum minister, an oil mining lease cannot be transferred by any means from one party or company to another.
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##tihuan2##Finally, oil mining lease usually valid up to 20 years when issued. It takes within 3 to 6 months for a mining lease to be processed and it can only be granted to the holder of oil prospecting license. …
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##tihuan2##This series deals with the new licensing regime under the midstream and downstream sectors. As stated in our first article on the Petroleum Industry Act 2021, the Nigerian Midstream and Downstream …
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##tihuan2##• Establishment of New Licences and Leases under the Act, namely: Petroleum Exploration Licence (equivalent to the current Oil Exploration Licence), Petroleum Prospecting Licence (equivalent to the current Oil Prospecting Licence) and Petroleum Mining Lease …
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##tihuan2##Petroleum Exploration Licence (PEL) : Petroleum Exploration Licence (PEL) is granted for a period of 7 years in inland/shallow water areas and for 8 years in deep water and frontier areas for exploration activities as per PSC provisions under New Exploration Licensing Policy (NELP).Petroleum Mining Lease (PML) is normally awarded for 20 …
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##tihuan2##Conversion and Renewal (Oil Prospecting Licences &Oil Mining Leases) Regulations Under Section 92 Petroleum Industry Act (2021). Commencement date : DD/MM, 2022 …
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##tihuan2##Marketing of Petroleum Products – Instructions and Fees Mining/Quarrying. Application Form for a Processing Licence ... Form for Import Licence; Application Form for Mining Licence; Illegal Mining Complaint Form; Templates Relevant to Mining/Quarrying Licence Applications. Processing Plan Template_12 April 2018; Mine Design Plan Template_12 ...
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##tihuan2##NNPC anticipates the agreements to convert the oil mining lease into a petroleum mining licence. Credit: Wonita or Troy Janzen from Pixabay. Nigeria's state-owned oil company Nigerian National Petroleum Company ( NNPC ) has renewed agreements pertaining to the Oil Mining Lease 130 (OML 130) located offshore Niger …
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##tihuan2##Nigeria's state-owned oil company Nigerian National Petroleum Company has renewed agreements pertaining to the Oil Mining Lease 130 (OML 130) located offshore Niger Delta, with Total, China National Offshore Oil Corporation and others, reported Reuters.The agreements included a production sharing contract (PSC) …
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##tihuan2##The competitive bidding process is a recent introduction to the grant of petroleum license in Ghana introduced by L.I 2359. Regulation 9 of L.I 2359 states the general procedural requirements for the tender/bidding processes leading to the grant of an oil block and the eventual execution of a petroleum agreement. ... How To Obtain A …
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##tihuan2##Sierra Leone is a resource-rich country with significant deposits of iron ore, diamonds, bauxite, rutile and gold, as outlined in the Sierra Leone at a Glance section. In 2013, before the drop in commodity prices and the outbreak of Ebola, mining revenues (including licensing fees, signature bonuses, royalties, income tax, customs duties and other non …
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##tihuan2##PETROLEUM MINING Enactment No. 3 of 1963 1984 Edition, Chapter 44 Amended by S 24/1964 Enactment No. 5 of 1969 E 5 of 1972 E 12 of 1983 S 34/1992 ... exploration licence, prospecting licence or mining lease which was valid and subsisting (or which may be accepted by State Party as if it had been valid and subsisting) on 18th November …
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##tihuan2##Exploration and production companies had to obtain the requisite licence from the Minister of Petroleum Resources (Minister) before embarking on petroleum …
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##tihuan2##Kina Petroleum (15%) APDL 11 Oil Search (PNG) Ltd Scale: 1: 2,600,000 APPL PPL PDL PRL BASINS BASINS ProvBoundary Protzone Legend KEY APPL = Application of Petroleum Prospecting Licence PPL = Petroleum Prospecting Licence APRL = Application of Petroleum Retention Licence PRL = Petroleum Retention Licence …
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##tihuan2##The Ministry of Mines and Energy is renowned as performance driven. By promoting, facilitating and regulating development and sustainable utilization of Namibia's mineral, geological and energy resource through competent staff, innovation, research and stakeholder collaboration in a conducive environment for the benefits of all Namibians …
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##tihuan2##The Petroleum (Local Content & Local Participation) Regulations, 2013 (L.I. 2204), and Minerals and Mining (Local Content and Participation) Regulations, 2020 (L.I. 2431), aim to involve Ghanaians in upstream petroleum and mining activities, enhancing their standard of living.
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##tihuan2##INTRODUCTION. Having satisied all conditions imposed on the licensee and contained in the Oil Prospecting Licence (OPL), and upon commercial discovery of oil, a holder of an OPL was required to obtain an Oil Mining Lease (OML). 1 The OML not only entitled the holder to the right to win and work petroleum discovered but also the right to …
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##tihuan2##Finally, oil mining lease usually valid up to 20 years when issued. It takes within 3 to 6 months for a mining lease to be processed and it can only be granted to the holder of oil prospecting license. …
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##tihuan2##The PIA seems to have introduced a change in licence type nomenclature. Under the previous regime, there were the oil exploration licence, oil prospecting licence and oil mining lease. Now the word "Oil" has been replaced with the word "Petroleum". 1. Petroleum Exploration Licence (PEL) – The license only allows it…
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##tihuan2##infrastructure development - petroleum facility licence and petroleum pipeline licence; information gathering - petroleum survey licence, water monitoring authority and data acquisition authority. This guide describes the types of resource authorities that are granted and administered under the Act, their main features and …
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##tihuan2##In keeping true to this promise, we present the first edition of the Fast Facts for 2022 on the Licensing Regime in the Upstream Sector under the PIA. We explore the introduction of new licences, dual …
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##tihuan2##A special facilities licence cannot be granted over an area that exceeds 5 km 2. Compatible Licences. Certain classes of licences are compatible licences in accordance with the Act. Petroleum, geothermal and gas storage licences are compatible licences such that the same area may by subject to two or more different licences.
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