Arabic translation: اتفاق/عقد من الباطن -اتفاق/عقد فرعي
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English to Arabic translations [PRO] Law/Patents - Petroleum Eng/Sci
English term or phrase:Farm- out agreement
(A) the owner of a right to drill, produce, or operate liquid or gaseous hydrocarbons on property agrees or has agreed to transfer or assign all or a part of such right to another entity; and
(B) such other entity (either directly or through its agents or its assigns), as consideration, agrees to perform drilling, reworking, recompleting, testing, or similar or related perations, to develop or produce liquid or gaseous hydrocarbons on the property;