Toll Free: 1-888-928-9744

Suriname Upstream Fiscal and Regulatory Report - Open Door Licensing Adds Flexibility to Attractive Regime

Published: Mar 11, 2016 | Pages: 13 | Publisher: GlobalData | Industry: Energy | Report Format: Electronic (PDF)

Suriname Upstream Fiscal and Regulatory Report - Open Door Licensing Adds Flexibility to Attractive Regime

Summary

"Suriname Upstream Fiscal and Regulatory Report - Open Door Licensing Adds Flexibility to Attractive Regime", presents the essential information relating to the terms which govern investment into Suriname's upstream oil and gas sector. The report sets out in detail the contractual framework under which firms must operate in the industry, clearly defining factors affecting profitability and quantifying the state's take from hydrocarbon production. Considering political, economic and industry specific variables, the report also analyses future trends for Suriname's upstream oil and gas investment climate.

Scope

- Overview of current fiscal terms governing upstream oil and gas operations in Suriname
- Assessment of the current fiscal regime's state take and attractiveness to investors
- Charts illustrating the regime structure, and legal and institutional frameworks
- Detail on legal framework and governing bodies administering the industry
- Levels of upfront payments and taxation applicable to oil and gas production
- Information on application of fiscal and regulatory terms to specific licenses
- Outlook on future of fiscal and regulatory terms in Suriname

Reasons To Buy

- Understand the complex regulations and contractual requirements applicable to Suriname's upstream oil and gas sector
- Evaluate factors determining profit levels in the industry
- Identify potential regulatory issues facing investors in the country's upstream sector
- Utilize considered insight on future trends to inform decision-making
 Table of Contents
1 Table of Contents 1 1.1 List of Tables 2 1.2 List of Figures 2 2 Regime Overview 3 3 State Take Assessment 5 4 Key Fiscal Terms 6 4.1 Upfront Payments 6 4.1.1 Signature Bonus 6 4.1.2 Royalty 6 4.2 Cost Recovery 6 4.2.1 Limit on Recovery 6 4.2.2 Recoverable Costs 6 4.3 Profit-Sharing 6 4.4 Direct Taxation 7 4.4.1 Corporate Income Tax 7 4.4.2 Deductions and Depreciation 7 4.4.3 Withholding Tax 7 4.5 Indirect Taxation 7 4.5.1 VAT 7 4.5.2 Import Duties 7 4.6 State Participating Interest 7 5 Regulation and Licensing 8 5.1 Legal Framework 8 5.1.1 Governing Law 8 5.1.2 Contract Type 8 5.1.3 Title to Hydrocarbons 8 5.2 Institutional Framework 9 5.2.1 Licensing Authority 9 5.2.2 Regulatory Agency 9 5.2.3 National Oil Company 9 5.3 Licensing Process 9 5.3.1 Open Door Policy 9 5.3.2 Licensing Rounds 10 5.3.3 Qualifications 10 5.3.4 Bidding 10 5.4 License Terms 10 5.4.1 Duration 10 5.4.2 Obligations 11 5.4.3 Relinquishment 11 6 Outlook 12 7 Contact Information 13
List of Tables
Table 1: Summary 3 Table 2: Suriname, Profit Sharing for Block 59 and 60, 2015 6 Table 3: Suriname, Profit Sharing for Block 45, 2015 7 Table 4: Suriname, Minimum Work Program for Block 59 and 60, 2015 10 Table 5: Suriname, Work Obligation Costs for Block 45, 2015 11 Table 6: Suriname, Relinquishments for Block 58, 59 and 60, 2015 11


List of Figures
Figure 1: Regime Flow Chart 4 Figure 2: Suriname, Indicative NPV10/boe, IRR and State Take Comparison - Regional, 2016 5 Figure 3: Suriname, Legal Framework 8 Figure 4: Suriname, Institutional Framework 9

To request a free sample copy of this report, please complete the form below.

This website is secure and your personal details are safe. Privacy policy

Global microcontroller market is estimated to be valued at USD 26.9 billion by 2020, as per a new research report by Radiant Insights, Inc. Growing demand in key application areas such as automotive, consumer electronics and healthcare is expected to

Read More...

Global gas sensors market is expected to reach USD 2,512.4 million by 2020, as per a new research report by Radiant Insights, Inc. High adoption rate of wireless and smart gas sensor technology coupled with escalating demand from end-use industries s

Read More...

Global PP (Polypropylene) nonwoven fabric market size is anticipated to be valued at USD 30.6 billion by 2020, as per a new research report by Radiant Insights, Inc. Growing usage of hygiene products such as incontinence products and baby diapers is

Read More...

Global contact lenses market size is estimated to reach USD 12.5 billion by 2020, according to a new industry report by Radiant Insights, Inc. Growing number of ophthalmic disorder observed in global population especially children is likely to drive

Read More...

Global automotive collision repair market is expected to be valued at USD 196.97 billion by 2020, as per a new research report by Radiant Insights, Inc. The industry is expected to witness significant growth owing to increasing number of on-road vehi

Read More...
Choose License Type
Single User - US $1000
Multi User - US $1500
Why Choose Us

24/5 Research support

Get your queries resolved from an industry expert. Request for a free product review before report purchase.

Phone: 1-415-349-0054

Toll Free: 1-888-928-9744

Email: [email protected]

Custom research service

Speak to the report author to design an exclusive study to serve your research needs.

Quality assurance

A testimonial for service excellence represented in the form of BBB "A" Accreditation.

Information security

Your personal and confidential information is safe and secure.

verify