Examples of using Unitization in English and their translations into Arabic
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Workload Analysis Study to evaluate manpower unitization.
The unitization agreement shall be submitted to the parties for their approval.
In case it is deemed commercially viable,the two States shall agree on unitization and development of the discovery.
The Unitization Agreement is subject to the prior written approval of both parties.
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No unitization or joint development agreements have been necessary to date.
Regarding oil and gas, there was already a vast array of bilateral agreements andpractices regarding unitization.
However, the adaptation of the unitization principles elaborated by the international oil and gas industry is worth considering.
(g) Exploitation of any transboundary field is tobe undertaken in accordance with the Exploitation Agreement and the Unitization Agreement;
In addition, delimitation agreements generally contained a unitization clause covering petroleum resources that straddled the agreed boundary.
The Committee has held many meetings with the Kuwaiti side in order toexploit those fields using optimum unitization methods.
Contractual arrangements entered into in this regard,which are also referred to as“unitization agreements”, determine the rights and obligations of the parties.
In that context, unitization implied consideration of the transboundary field as one unit with a single operator but where earnings and costs were shared.
United States outer continental shelf operators are subject to a number of laws and regulations,including provisions for domestic unitization arrangements between leaseholders in certain circumstances.
In the Greater Sunrise unit area, article 21 of the unitization agreement between Australia and Timor-Leste provides that certain specified Australian environmental protection legislation will apply and will be administered by the regulatory authorities designated by the unitization agreement;
This is an operator-led confidential arrangement which incorporates provisions to ensure that,in the event of a conflict between the Unitization Agreement and the Exploitation Agreement, the terms of the Exploitation Agreement shall prevail;
(f) The Agreement requires that Mineral Title Holders conclude a Unitization Agreement that provides for:(i) combining respective rights in the transboundary field ' s hydrocarbon resources;(ii) sharing costs and benefits;(iii) operating the field as a single unit.
In the case of Norway, our delimitation agreements with Denmark, the United Kingdom and Iceland all foresee that transboundary oil andgas deposits will be exploited on the basis of unitization agreements between the Governments in question.
The legal basis for the joint operations is always a unitization agreement between the two or more Governments on each side of the delimitation line.
For example, Norway had a considerable amount of State practice in the field of cooperation on offshore transboundary petroleum resources, including significant cooperation with the United Kingdom with regard to the North Sea on the basis ofa maritime delimitation agreement and subsequent unitization agreements.
Once delimitation agreements were in place, they often contained a unitization clause providing for the joint exploitation of oil and gas deposits straddling the agreed boundary.
There is no United States legislation or judicial decision specifically addressing transboundary reservoirs at this time and the relevant agency in the federal Government currently lacks domestic legislative authority to enter into a cooperative development arrangement(such as a joint plan,allocation or unitization arrangement) with a neighbouring State.
For example,in the light of the emerging obligation under international law to enter into unitization agreements for the development of such resources, it would be helpful to identify the elements that such agreements should have in order to foster efficient and equitable use of the resources.
The questionnaire, which had already been issued by the Secretariat, would, inter alia, seek to determine whether there were any agreements, arrangements or practice regarding the exploration and exploitation of transboundary oil and gas resources or for any other cooperation on the matter,including maritime boundary delimitation agreements, unitization and joint development agreements and other arrangements.
The Framework Agreement between the Republic of Cyprus and the Arab Republic of Egypt concerning the Development of Cross-Median Line Hydrocarbon Resources provides that when a cross-median line hydrocarbon reservoir is identified and may be exploited, each party(the Republic of Cyprus and the Arab Republic of Egypt)shall require the concerned licensees to meet and reach a unitization agreement for the joint development and exploitation of the said reservoir.