Tag: Oil and Gas Project

  • Moving Toward a “Unit Rate” Fiscal Regime in Oil and Gas Project

    Moving Toward a “Unit Rate” Fiscal Regime in Oil and Gas Project

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    Moving Toward a “ Rate” Fiscal Regime in Oil and Gas Project Project Fiscal Strategies are generally categorized into three contractual frameworks:  🔹 Lump Sum 🔹  Cost-Plus  🔹  Rate (Schedule of Rates) The  Rate (Schedule of Rates) model can be effectively applied in projects where a defined set of repetitive and quantifiable tasks occurs frequently.…