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Petroleum fiscal and licensing month in brief: CIT cut to 50% in Saudi Arabia

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Changes in fiscal terms: Saudi Arabia reduced the corporate income tax rate, India increased government profit share in a contract extension, Bangladesh signed a PSC with better contractor terms, Mexico released terms for a DRO Ongoing fiscal discussions: changes in the local content requirements in Brazil, tax incentives for offshore fields in Denmark, a new licensing policy and the minimum gas price review in India, incentives for fields with high water cut in Russia, tax debates on decommissioning in the United Kingdom Licensing: round results in the United States (Gulf of Mexico) and the United Kingdom, New Zealand launches a licensing round.

Table of contents

    • Fiscal and Licensing activity (March 2017)
  • Changes to fiscal terms: existing assets
  • Changes to fiscal terms: new licences
  • Notable developments in ongoing fiscal discussions
    • Licensing round launches (1)

Tables and charts

This report includes 5 images and tables including:

  • India: impact of RJ-ON-90/1 contract extension on regime NPV
  • Licensing round awards (2)
  • Petroleum fiscal and licensing month in brief: CIT cut to 50% in Saudi Arabia: Image 1
  • Petroleum fiscal and licensing month in brief: CIT cut to 50% in Saudi Arabia: Table 3
  • Licensing rounds ongoing (23)

What's included

This report contains:

  • Document

    PFL MiB OngoingDiscussions 201703.xls

    XLS 234.50 KB

  • Document

    PFL MiB Licensing 201703.xls

    XLS 316.50 KB

  • Document

    Petroleum fiscal and licensing month in brief: CIT cut to 50% in Saudi Arabia

    PDF 409.28 KB