PSC (Production Sharing Contract)

A Production Sharing Contract (PSC) is an agreement to share the production or extraction costs between two governments, a government and a corporation, or a corporation and an individual.

Related Definitions in the Project: The Project Contract

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ThePD (The Project Definition)

ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.