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FEDERATIVE REPUBLIC OF BRAZIL MINISTRY OF MINES AND ENERGYPRODUCTION SHARING CONTRACT FOR EXPLORATION AND PRODUCTION OF OIL AND NATURAL GAS No. SIGNED BETWEEN FEDERAL GOVERNMENTandBRAZIL YEARContedo
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Production sharing contract is a type of agreement between a government and a resource extraction company for the exploration and production of natural resources.
Resource extraction companies are required to file production sharing contract for.
Production sharing contract can be filled out by providing all the necessary details of the agreement between the government and the resource extraction company.
The purpose of production sharing contract is to regulate the exploration and production of natural resources in a fair and transparent manner.
Information such as contract terms, production levels, revenue sharing agreements, and environmental commitments must be reported on production sharing contract.
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