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As with mining leases and licences, the creation of the interest was achieved by the execution of a deed. The creation of a section 3(1) Petroleum Act 1998 licence by deed reflected the need for that formality when creating an interest in land. The use of the word "grant" in .
Jun 11, 2020· Kerenga Kua. By HELEN TARAWA THE Government will be introducing a bill for a new Organic Law to move away from the current concessionbased licensing system to a productionsharing arrangement for the mining and petroleum industries, Minister for Petroleum .
Read more about Not getting NOC for petroleum mining licence from WB govt: on Business Standard. Oil and gas downstream major ONGC on Tuesday alleged that it was not getting the no objection certificate for petroleum mining licence (PML) from the West Bengal government which was long company plans to invest Rs 6,000 crore more for
President Muhammadu Buhari has given consent for the renewal of three Oil Mining Licences (OML) belonging to oil and gas firm, Seplat Petroleum Development Company Plc.
Section 115 and Section 116 of the Petroleum and Geothermal Energy Act 2000 require that a Public Register of Licences be established for public inspection. These sections are intended to provide the means that will aid stakeholders in determining whether the regulatory objectives of .
Mining Licences Near Me. You can locate mining and petroleum licences across Victoria using the Mining Licences Near Me search tool. Pinpoint the exact Victorian location of: mineral exploration, retention and mining licences; petroleum exploration, retention and production licences, and; quarries.
Reconnaissance Energy Africa Ltd. [RECOTSXV; RECAFOTC] has been granted a petroleum licence in northwestern Botswana for million acres (9,921 km2) and has entered into a farmout option agreement on these Botswana lands are contiguous to the company''s petroleum licence in northeast Namibia.
May 12, 2020· The Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia announces the launching of Somalia''s first offshore licensing round. Due to the spread of the global pandemic, COVID – 19, and resulting restrictions, the Ministry decided to launch the licensing .
Royalties Online System for Western Australian mineral and petroleum producers to electronically prepare, lodge and view royalty returns and production reports. About Access; Interactive geological map () An interactive, GISbased mapping system. Construct your own geological map and incorporate other mineral and petroleum exploration datasets including mines and mineral deposits ...
Last week, the government of Ghana followed through on a promise it made in July 2017 by launching a public petroleum register that contains the full texts of petroleum agreements, licenses, permits and authorizations.. It is particularly encouraging that the government opted to align the register with international best practices by incorporating fulltext contracts into the platform.
Petroleum Exploration Licence (PEL) Petroleum Exploration Licence (PEL) : Petroleum Exploration Licence (PEL) is granted for a period of 7 years in inland/shallow water areas and for 8 years in deep water and frontier areas for exploration activities as per PSC provisions under New Exploration Licensing Policy (NELP).
Petroleum licensing or exploration license is the act of giving licenses (geographical areas at land or sea) to a company or a joint venture allowing them to search for commercially feasible deposits for the [extraction of petroleum].. Each sovereign country distributes licenses in what is typically called a licensing round. The procedure for such, can greatly vary from country to country.
Acquisition of a small scale mining license in Ghana... View Infographic Documents Required. Step 1. Submit Your Application. Once you have filled and gathered all the required documents you will have to submit it at the district office. It takes 5 days to review the application. The next 5 .
Petroleum lease under the Petroleum Act 1923 If you hold an authority to prospect issued under the Petroleum Act 1923, you can apply to have a petroleum lease issued under that Act. A lease can be granted for a maximum of 30 years and a maximum area of 260km².
Petroleum Exploration Licence (PEL) and Petroleum Mining Lease (PML) PEL is granted for a period of 7 years in onland /shallow water areas and for 8 years in deepwater and frontier areas for exploration activities as per PSC provisions under NELP. Petroleum Mining Lease (PML) is normally awarded for 20 years for producing
Mining licence. A mining licence holder is entitled to mine the land covered by the licence; explore for minerals and construct mining facilities related to the mining operation. Apply for a mining licence; Renew or vary a mining licence; Prospecting licence. Prospecting licences allow prospectors and smallscale miners to explore or mine in an ...
Columbus, the oil and gas producer and explorer focused on onshore Trinidad with the ambition to grow in South America, is pleased to announce that it has been granted a Private Petroleum Licence for the Bonasse Licence Area in the South West Peninsula of Trinidad, which includes the Bonasse field.
Jun 23, 2020· In Ghana, petroleum activities shall be conducted only in an open area under a license or petroleum agreement and in accordance with applicable laws. An open area simply refers to an area of possible petroleum accumulation within the jurisdiction of Ghana, and those areas shall be on a reference map prepared by the Minister in consultation with ...
Dec 04, 2012· Petroleum Exploration and Development Licences (PEDLs) were introduced at the Eighth Licensing Round (in 1996) to reduce the bureaucratic burden of issuing a series of licences. the OGA no longer ...
The Water Act 1992 applies to mining and petroleum activities. To use surface water or groundwater you will need to comply with the Water Act 1992. A transition period is in place to enable mining and petroleum activities to move into the water extraction licensing regime under the Water Act 1992 within a reasonable timeframe.
A petroleum exploration licence gives the holder the exclusive right to explore for petroleum (including conventional and coal seam gas) within the exploration licence area, during the term of the licence. The purpose of exploration is to locate areas where resources may be present and establish the quality and quantity of those resources.
Jul 29, 2020· The Ministry of Mines and Energy in Namibia has agreed to extend Global Petroleum''s licence subperiod in connection with its licence PEL0094 (Block 2011A), offshore Namibia, and also to modify the work commitments. Global holds a working interest of 78 per cent and is the operator of the PEL0094 licence. The licence subperiod was extended.
Apr 06, 2020· The license fee halt also extends to the petroleum sector. Minister van Holst Pellekaan also announced a 12month waiver of committed expenditure for any mineral exploration license holders.
As a concept, the social license to operate is concerned with having the activities of a company accepted by the community in which the operations are to take place. This acceptance is particularly important in the mining and petroleum sectors due to the significant impacts of extractive activities on the life of communities and the environment.
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