Farmout agreement

Croatian translation: farm-out ugovor

13:37 Nov 14, 2014
English to Croatian translations [PRO]
Bus/Financial - Energy / Power Generation
English term or phrase: Farmout agreement
In the oil and gas industry, a farmout agreement is an agreement entered into by the owner of one or more mineral leases, called the "farmor", and another company who wishes to obtain a percentage of ownership of that lease or leases in exchange for providing services, called the "farmee." The typical services described in farmout agreements is the drilling of one or more oil and/or gas wells. A farmout agreement differs from a conventional transaction between two oil and gas lessees, because the primary consideration is the rendering of services, rather than the simple exchange of money.

Wikipedia:
https://en.wikipedia.org/wiki/Farmout_agreement
Dejan Škrebić
Bosnia and Herzegovina
Local time: 23:28
Croatian translation:farm-out ugovor
Explanation:
Ina bi s Molom trebala ući u oblik posla koji se naziva "farm out". Riječ je o ugovoru koji se potpisuje s vlasnikom koji posjeduje udjel u naftnom ili plinskom polju. Tim ugovorom se dodjeljuje cijeli ili dio tog udjela drugoj zainteresiranoj strani u zamjenu za ispunjavanje ugovornih uvjeta. Onaj tko ustupa udjel, u ovom slučaju Ina, uglavnom zadržava određeni dio proizvedene nafte i plina oslobođen svih troškova bušenja i proizvodenje.

INA je operator sa 100% udjela i ispunila je sve poslovne i financijske obveze Inicijalnog istraživačkog razdoblja.
U 2009 godini na koncesiji Zaris napravljena je obrada 2D seizmičkih podataka. Sljedeća istraživačka faza uključuje obvezu izrade istraživačke bušotine. Novi farm-out proces je u tijeku.
http://www.ina.hr/UserDocsImages/g_izvjesca_pdf/gi_2009_hr.p...
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Lea Lozančić
Croatia
Local time: 23:28
Grading comment
4 KudoZ points were awarded for this answer



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3farm-out ugovor
Lea Lozančić


  

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1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
farmout agreement
farm-out ugovor


Explanation:
Ina bi s Molom trebala ući u oblik posla koji se naziva "farm out". Riječ je o ugovoru koji se potpisuje s vlasnikom koji posjeduje udjel u naftnom ili plinskom polju. Tim ugovorom se dodjeljuje cijeli ili dio tog udjela drugoj zainteresiranoj strani u zamjenu za ispunjavanje ugovornih uvjeta. Onaj tko ustupa udjel, u ovom slučaju Ina, uglavnom zadržava određeni dio proizvedene nafte i plina oslobođen svih troškova bušenja i proizvodenje.

INA je operator sa 100% udjela i ispunila je sve poslovne i financijske obveze Inicijalnog istraživačkog razdoblja.
U 2009 godini na koncesiji Zaris napravljena je obrada 2D seizmičkih podataka. Sljedeća istraživačka faza uključuje obvezu izrade istraživačke bušotine. Novi farm-out proces je u tijeku.
http://www.ina.hr/UserDocsImages/g_izvjesca_pdf/gi_2009_hr.p...

Lea Lozančić
Croatia
Local time: 23:28
Works in field
Native speaker of: Native in CroatianCroatian, Native in ItalianItalian
PRO pts in category: 8
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