Fact box – The Petroleum Act

Pursuant to section 4-7 of the Petroleum Act, licensees must make efforts to reach agreement on the most efficient coordination if a petroleum deposit extends over more than one block with different licensees or when joint petroleum activities would obviously be more efficient in the case of several deposits.

Furthermore, section 4-8 empowers the government to determine that facilities can also be used by others if required for rational operation or the benefit of society, and provided that such use is not to the unreasonable detriment of the licensee’s own requirements or of someone who already has a right of use.