Report summaryThis analysis covers the agreement between OMV Petrom and Petrofac, whereby Petrofac operated a group of OMV Petrom's mature fields. In return for a production-based fee, Petrofac invested its own capital to improve production from the fields. The production enhancement contract (PEC) began in 2010 and ended when Petrofac withdrew in 2015.Petrofac was paid via a two-tariff scheme - one rate for base production, and a higher tariff for incremental production above this base level.The ...
This report includes 2 file(s)
- OMV Petrom/Petrofac Area PDF - 975.23 KB 11 Pages, 10 Tables, 6 Figures
- OMV Petrom/Petrofac Area XLS - 462.50 KB