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Petroleum fiscal and licensing month in brief: December 2016

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09 December 2016

Petroleum fiscal and licensing month in brief: December 2016

Report summary

Changes in fiscal terms: tax update in Norway, royalty change in Congo-Brazzaville, new terms for Zanzibar. Ongoing fiscal discussions: underpayment of royalties in Australia, possible changes to legislated prices in Argentina, new PSC for Somalia deepwater, gross PSC for conventional assets in Indonesia. Licensing: successful rounds in Newfoundland and Labrador, Mexico and Hungary, while Nova Scotia has no awards, high level of interest in Indian round, Israel launches offshore round.

Table of contents

  • Executive summary
  • Changes to fiscal terms: existing assets
  • Changes to fiscal terms: new licences
  • Notable developments in ongoing fiscal discussions
    • Licensing rounds ongoing (29)

Tables and charts

This report includes 4 images and tables including:

  • Fiscal and Licensing activity (November 2016)
  • Licensing round awards (4)
  • Licensing round launches (4)
  • Petroleum fiscal and licensing month in brief: December 2016: Table 3

What's included

This report contains:

  • Document

    PFL MiB OngoingDiscussions 201611.xls

    XLS 170.50 KB

  • Document

    PFL MiB Licensing 201611.xls

    XLS 263.00 KB

  • Document

    Petroleum fiscal and licensing month in brief: December 2016

    PDF 504.91 KB

  • Document

    Petroleum fiscal and licensing month in brief: December 2016

    ZIP 639.76 KB