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Petroleum fiscal and licensing month in brief: CIT cut to 50% in Saudi Arabia
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Report summary
Changes in fiscal terms: Saudi Arabia reduced the corporate income tax rate, India increased government profit share in a contract extension, Bangladesh signed a PSC with better contractor terms, Mexico released terms for a DRO Ongoing fiscal discussions: changes in the local content requirements in Brazil, tax incentives for offshore fields in Denmark, a new licensing policy and the minimum gas price review in India, incentives for fields with high water cut in Russia, tax debates on decommissioning in the United Kingdom Licensing: round results in the United States (Gulf of Mexico) and the United Kingdom, New Zealand launches a licensing round.
Table of contents
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Executive summary
- Fiscal and Licensing activity (March 2017)
- Changes to fiscal terms: existing assets
- Changes to fiscal terms: new licences
- Notable developments in ongoing fiscal discussions
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Licensing round highlights
- Licensing round launches (1)
Tables and charts
This report includes 5 images and tables including:
- India: impact of RJ-ON-90/1 contract extension on regime NPV
- Licensing round awards (2)
- Petroleum fiscal and licensing month in brief: CIT cut to 50% in Saudi Arabia: Image 1
- Petroleum fiscal and licensing month in brief: CIT cut to 50% in Saudi Arabia: Table 3
- Licensing rounds ongoing (23)
What's included
This report contains:
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