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Petroleum fiscal and licensing month in brief: huge signature bonuses paid in Brazil

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Report summary

In our latest 'month in brief' we highlight the main Fiscal and Licensing stories that occurred in September and we provide our analysis and opinion on the developments. This issue highlights: Changes in fiscal terms: increased CIT in British Columbia (Canada) and Lebanon updated fiscal terms for Azeri Chirag Guneshli in Azerbaijan in return for a contract extension revised gross revenue share in Indonesia and a new fiscal system in the Isle of Man (UK). Ongoing fiscal discussions: possible review of the Norway tax system UK may adjust the fiscal treatment of decommissionign in November budget US waters down federal CIT reform Licensing rounds: US$1.2 billion of signature bonuses in Brazil's 14th round while Uruguay and Colombia launch rounds under new fiscal terms.

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  • Document

    PFL_MiB_OngoingDiscussions_201709.xls

    XLS 262.50 KB

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    PFL_MiB_Licensing_201709.xls (1)

    XLS 316.50 KB

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    Petroleum fiscal and licensing month in brief: huge signature bonuses paid in Brazil

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Table of contents

Tables and charts

This report includes 4 images and tables including:

Images

  • Licensing rounds ongoing (32)

Tables

  • Canada (BC): CIT rate increase
  • Licensing round awards (1)
  • Licensing round launches (5)

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