Production sharing contracts have been used in the development of China’s offshore petroleum resources since 1982, but the mechanism in which the fiscal terms impact project economics is complicated and not well unde...Production sharing contracts have been used in the development of China’s offshore petroleum resources since 1982, but the mechanism in which the fiscal terms impact project economics is complicated and not well understood. The purpose of this paper is to model China’s offshore production sharing contracts using a probabilistic approach. Cash flows and economic indicators are used for a typical offshore oilfield development, and meta-models are constructed to analyze the basic features of the fiscal system. Applications of the models in contract negotiation are discussed.展开更多
Modern secretaries need to master a lot of oldand new skills including some required skills and some modernabilities.And secretaries in modern offices also have to mastersome special skills to be supportive to their b...Modern secretaries need to master a lot of oldand new skills including some required skills and some modernabilities.And secretaries in modern offices also have to mastersome special skills to be supportive to their bosses.展开更多
文摘Production sharing contracts have been used in the development of China’s offshore petroleum resources since 1982, but the mechanism in which the fiscal terms impact project economics is complicated and not well understood. The purpose of this paper is to model China’s offshore production sharing contracts using a probabilistic approach. Cash flows and economic indicators are used for a typical offshore oilfield development, and meta-models are constructed to analyze the basic features of the fiscal system. Applications of the models in contract negotiation are discussed.
文摘Modern secretaries need to master a lot of oldand new skills including some required skills and some modernabilities.And secretaries in modern offices also have to mastersome special skills to be supportive to their bosses.
