TY - JOUR

T1 - Host Granting Instrument Models

T2 - Why Do They Matter and for Whom?

AU - Pereira, Eduardo

AU - Stanescu, Catalin Gabriel

AU - ZULHAFIZ, WAN MOHD

AU - Caldas Feres, Felipe Rodrigues

AU - Falut, Yanal

AU - Otman, Waniss

AU - Koenck, Aaron

PY - 2020

Y1 - 2020

N2 - Host governments commonly own the oil and gas resources located in their own relevant jurisdiction. However, they usually prefer to outsource the high risks and costs involved in the exploration, development and production phases in the oil and gas industry to third parties. The process of outsourcing (i.e. authorization) exploration, development and production activities to third parties is done via host granting instruments. This paper discusses their rationale and history and provides a critical analysis of the most relevant host granting instruments

AB - Host governments commonly own the oil and gas resources located in their own relevant jurisdiction. However, they usually prefer to outsource the high risks and costs involved in the exploration, development and production phases in the oil and gas industry to third parties. The process of outsourcing (i.e. authorization) exploration, development and production activities to third parties is done via host granting instruments. This paper discusses their rationale and history and provides a critical analysis of the most relevant host granting instruments

M3 - Journal article

VL - 6

SP - 23

EP - 97

JO - Oil and Gas, Natural Resources, and Energy Journal

JF - Oil and Gas, Natural Resources, and Energy Journal

SN - 2473-9103

IS - 1

ER -