Petroleum fiscal systems: 2017 in review

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2017 was another active year for fiscal change as we continue to adjust to the new normal. The oil price was less volatile, so governments did not need to change fiscal terms for existing assets on the same scale as previous years. But fiscal changes in December completely changed the picture. Alongside this, governments made numerous changes to new licences to reflect the investment climate. Read our annual review to discover: Who delivered fiscal disruptions in our six 'jurisdictions to watch'? What change contributed the lions share of the $200 billion fiscal disruption total? Why was the North Sea particularly active? Where were the aggressive fiscal bids in licensing rounds? When will we see fiscal change in Nigeria?

Table of contents

    • Fiscal disruptions of 2017
    • Not all debates led toaction
    • Other fiscaldisruptions
    • Fiscal evolution in 2017
    • The best geology received aggressive bids
    • New terms failed to spark interestin some areas
    • Relevant reports
    • January
    • February
    • March
    • April
    • June
    • July
    • August
    • September
    • October
    • November
    • December

Tables and charts

This report includes 3 images and tables including:

  • Significant fiscal changes
  • Fiscal disruptions: 2016 v 2017
  • 2017 fiscal changes

What's included

This report contains:

  • Document

    01. Significant fiscal changes of 2017.pptx

    PPTX 855.22 KB

  • Document

    02. Fiscal disruptions of 2017.pptx

    PPTX 581.57 KB

  • Document

    03. Fiscal_changes_2017 and 10_year.xlsx

    XLSX 116.69 KB

  • Document

    Petroleum_Fiscal_Systems_2017_in_review (wallchart).pdf

    PDF 32.95 KB

  • Document

    Petroleum fiscal systems: 2017 in review

    PDF 647.00 KB

  • Document

    Petroleum fiscal systems: 2017 in review

    ZIP 1.99 MB