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Abu Dhabi accordance agreed amount API gravity approved arbitration Article barrels clause CNOOC committee concession agreement Concession Area Contract Area CONTRACTOR cost recovery Crude Oil currency determined discovery drilling economic ECOPETROL Effective Date emphasis added entitled equipment event expenditures exploration and exploitation exploratory export farm-out financing fiscal force majeure foreign exchange Frigg Field funds geological Government guarantee HC's hereof hereunder hydrocarbons income tax Indonesian investment IOC's issue Joint Operating Agreement joint venture lenders license limited loan national oil company Natural Gas negotiations obligations OPEC Operating Costs ownership paragraph participating interest payments PERTAMINA PETROBRAS petroleum exploration petroleum industry Petroleum Operations principles production-sharing profit profit-oil pursuant reimbursed relinquished reservoir respect risk royalty Section specific Statoil stipulated technical third parties U.S. Dollars United World Bank