production sharing agreements
Production sharing agreements are contracts between a government and a private company, where the company bears the expenses for exploring and developing natural resources, while sharing the production and profits with the government.
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Related Concepts (1)
Similar Concepts
- co-development agreements
- collaborative agreements
- cooperative agreements
- cross-licensing agreements
- distribution agreements
- international licensing agreements
- licensing agreements
- manufacturing agreements
- power sharing arrangements
- profit sharing
- resource sharing
- resource sharing agreements
- royalty payment arrangements
- shareholding partnerships
- work sharing