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Joint
arrangements in
the oil and gas
industry
Identifying the customer in a
contract for the use of assets
IFRS 16 Leases May 2018kpmg.com/ifrsContentsContents
Who is the customer?1Overview×2
Who
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How to fill out joint arrangements in form
01
Start by reviewing the form instructions and guidelines to ensure you have a clear understanding of the information required for joint arrangements.
02
Begin by entering the basic details of the joint arrangements, such as the name(s) of the parties involved, their contact information, and any relevant identification numbers.
03
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04
Next, outline the specific terms and conditions of the joint arrangements. This can include details about the responsibilities and obligations of each party, the duration of the arrangement, and any financial or resource contributions that are expected.
05
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06
Review the completed form to ensure all necessary information has been provided and that it is accurate and complete. Make any necessary revisions or corrections before finalizing the form.
07
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01
Joint arrangements in form are needed by individuals or entities who are entering into a collaborative partnership or agreement with one or more other parties.
02
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It is important to fill out joint arrangements in form accurately and completely to ensure all parties involved have a clear understanding of their roles and responsibilities, and to establish a formal record of the joint arrangements.
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What is joint arrangements in form?
Joint arrangements in form refer to a mechanism where multiple parties come together to carry out a specific activity or achieve a common goal.
Who is required to file joint arrangements in form?
All parties involved in the joint arrangement are required to file the form.
How to fill out joint arrangements in form?
The form can be filled out by providing information about the parties involved, the nature of the joint arrangement, as well as any financial or legal implications.
What is the purpose of joint arrangements in form?
The purpose of the form is to provide transparency and accountability for joint activities or partnerships.
What information must be reported on joint arrangements in form?
Information such as the names of the parties involved, the nature of the arrangement, financial commitments, and any other relevant details.
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