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|Type:||Artigo de periódico|
|Title:||Identifying potential impacts of bonding instruments on offshore oil projects|
|Abstract:||The present paper deals with the potential financial impacts of different bonding instruments on offshore oil projects. Three types of performance bond instruments (corporate surety, leasing-specific abandonment account, and cash) were tested and analyzed for three offshore oil-producing fields under a hypothetical bonding regime. Sensitivity analysis of 'net present' and 'government take' values indicates corporate surety bonds cause fewer impacts yielding significantly better payoffs. Several related issues are discussed considering government and industry perspectives. (C) 2001 Published by Elsevier Science Ltd.|
bond instrument options
|Editor:||Elsevier Sci Ltd|
|Appears in Collections:||Artigos e Materiais de Revistas Científicas - Unicamp|
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