Hydrocarbon Code definition
Examples of Hydrocarbon Code in a sentence
Such amendments or modifications shall not become effective until they have been approved by a joint order issued in accordance with the Hydrocarbon Code.
All administrative documents and correspondence foreseen in the Hydrocarbon Code, the Petroleum Agreement and this Contract will be in French, while technical data and documents may be established either in French or in English.
The notices which have to be given in accordance with the Hydrocarbon Code and with this Contract shall be made in writing and notified by telegram or facsimile at the choice and charge of the sender, and confirmed by registered letter acknowledging receipt and shall become effective upon the receipt of the first of these means of transmission.
All notices which must or may be given in accordance with the Hydrocarbon Code and with this Agreement, shall be in writing and may be delivered by hand, courier or notified by electronic mail, or fax, at sender’s option and expense.
If the Management Committee establishes that all the Parties approve abandonment proposal, the abandonment of the Abandoned Rights shall take place in conformity with the Hydrocarbon Code.
These amendments or modifications shall be approved and shall be effective on the date of signature of a joint order issued by the Minister in charge of Energy and the Minister in charge of Finance pursuant to the Hydrocarbon Code, such approval not to be unreasonably withheld.
The Parties shall be bound by the control procedures set out by the Hydrocarbon Code for all their activities relating to Exploration Works and to Development and Exploitation Works.
Each of the Parties, their contractors and sub-contractors shall benefit from the customs regime specified in Sections 50, 51 and 52 of the Hydrocarbon Code.
ONHYM and Kosmos Energy note that the mining and hydrocarbon sectors in Morocco are liberalized and that the exploration and production of hydrocarbon natural resources adheres to international principles and standards, to relevant national legislation, including the Exploration Code, the Hydrocarbon Code and environmental law.
All notices which must, or may, be given in accordance with the Hydrocarbon Code and this Agreement, shall be made in writing in English, and in French where such notice is required to be sent to the Minister in charge of Energy or any other ministerial department and delivered in person or by registered post or by courier post or electronic means of transmitting written communications with confirmation of receipt, and addressed to the Parties noted below.