Country Report

Oman upstream fiscal summary

Get this report

$1,650

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

04 July 2018

Oman upstream fiscal summary

Report summary

Oman has a relatively standard form of Production Sharing Contract (PSC) fiscal regime, with commercial terms negotiated on a contract-by-contract basis with the Ministry of Oil and Gas.  Profit oil splits may be fixed, or on a sliding scale based upon production rates.  Corporate income tax is paid on the contractors behalf by the government.  A range of bonuses, rentals and fees are payable. 

Table of contents

  • Executive summary
    • Licence Terms
    • Government equity participation
    • Fiscal terms
      • Ring Fencing
      • Bonuses, rentals and fees
      • Indirect taxes
      • PSC cost recovery
      • PSC profit sharing
      • Corporate income tax
      • Product Pricing
      • Summary of modelled terms
    • Recent history of fiscal changes
    • Stability Provisions
    • Split of the barrel and share of profit
    • Effective royalty rate and maximum government share
    • Progressivity
    • Fiscal deterrence

Tables and charts

This report includes 28 images and tables including:

  • Executive summary: Image 1
  • Fiscal stability: Image 1
  • Split of the barrel - oil
  • Split of the barrel - gas
  • Share of profit - oil
  • Share of profit - gas
  • Effective royalty rate and minimum state share - onshore,oil
  • Effective royalty rate and minimum state share - shelf,oil
  • Effective royalty rate and minimum state share - deepwater,oil
  • Effective royalty rate and minimum state share - onshore, gas
  • Effective royalty rate and minimum state share - shelf, gas
  • Effective royalty rate and minimum state share - deepwater, gas
  • Maximum government share – onshore, oil
  • Maximum government share – shelf, oil
  • Maximum government share – deepwater, oil
  • Maximum government share – onshore, gas
  • Maximum government share – shelf, gas
  • Maximum government share – deepwater, gas
  • State share versus pre-share IRR - oil
  • State share versus pre-share IRR - gas
  • Investor IRR versus pre-share IRR - oil
  • Investor IRR versus pre-share IRR - gas
  • Bonuses, rentals and fees
  • Indirect taxes
  • Cost recovery
  • Contractor profit share
  • Assumed terms by location - oil
  • Assumed terms by location - gas

What's included

This report contains:

  • Document

    Oman upstream fiscal summary

    PDF 291.63 KB

Other reports you may be interested in

Browse reports by Industry Sector