My consulting firm conducts joint venture audits and production sharing cost audits in the oil and gas industry throughout the world. Having travelled extensively and having worked in more than twenty countries worldwide, I have learned the hard way how to pack, what to pack and how to get by as comfortably as possible especially when travelling to developing countries. …

For International Joint Ventures and Production Sharing Contracts International Joint Venture Operating Agreements and the corresponding Accounting Procedures typically allow Operators to charge an overhead fee in the form of a percentage of all capital, operating and G & A costs incurred during the year for the concession. The overhead rate that is stated in the Accounting Procedure to the …