The Master Service Agreement Oil And Gas is designed for use in the Indian oil and gas sector where ongoing services are required between service providers and operators. This agreement type is particularly relevant when establishing long-term service relationships that will involve multiple work orders or service requests over time. It provides a comprehensive framework that addresses key aspects of oil and gas operations including technical services, HSE requirements, regulatory compliance under Indian law, and risk allocation. The agreement is structured to comply with Indian regulatory requirements while incorporating international industry best practices. It is commonly used by both domestic and international companies operating in India's oil and gas sector, providing flexibility through work orders while maintaining consistent terms for liability, insurance, and operational standards.
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1. Parties: Identification of the contracting parties, including full legal names and registered addresses
2. Background: Context of the agreement, relationship between parties, and general purpose of the MSA
3. Definitions and Interpretation: Comprehensive definitions of terms used throughout the agreement and rules of interpretation
4. Scope of Services: Detailed description of services to be provided, including general obligations and performance standards
5. Term and Termination: Duration of the agreement, renewal provisions, and circumstances for termination
6. Work Orders and Service Requests: Process for issuing, accepting, and executing specific work orders under the MSA
7. Compensation and Payment Terms: Pricing structure, payment terms, invoicing procedures, and dispute resolution for payments
8. Performance Standards: Quality requirements, KPIs, and service level agreements
9. Health, Safety and Environment (HSE): HSE requirements, compliance standards, and reporting obligations
10. Compliance with Laws: Regulatory compliance requirements, permits, and licenses
11. Representations and Warranties: Standard and specific warranties regarding capability, authority, and service delivery
12. Liability and Indemnification: Risk allocation, limitation of liability, and indemnification provisions
13. Insurance: Required insurance coverage and minimum limits
14. Intellectual Property: Ownership and usage rights of IP created or used during service provision
15. Confidentiality: Protection of confidential information and trade secrets
16. Force Majeure: Events considered force majeure and consequent rights and obligations
17. Dispute Resolution: Process for resolving disputes, including jurisdiction and governing law
18. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement
1. Local Content Requirements: Specific section for local content requirements when contract involves significant local sourcing or employment obligations
2. Technology Transfer: Required when agreement includes transfer of technical knowledge or proprietary technology
3. Emergency Response: Detailed emergency response procedures for high-risk operations
4. Environmental Impact Management: Specific environmental management requirements for environmentally sensitive operations
5. Security Requirements: Special security measures for operations in sensitive or high-risk areas
6. Training and Capability Development: Requirements for training local workforce or client personnel
7. Anti-Corruption and Ethics: Enhanced compliance requirements for contracts with state-owned enterprises or high-risk jurisdictions
8. Parent Company Guarantee: Required when financial backing from parent company is necessary
1. Schedule A - Scope of Services: Detailed technical specifications and scope of services
2. Schedule B - Compensation and Rate Card: Detailed pricing structure, rates, and payment terms
3. Schedule C - HSE Requirements: Detailed health, safety, and environmental requirements and procedures
4. Schedule D - Key Performance Indicators: Detailed performance metrics and measurement criteria
5. Schedule E - Equipment and Facilities: List of equipment, facilities, and materials to be provided by each party
6. Schedule F - Form of Work Order: Template for individual work orders under the MSA
7. Schedule G - Insurance Requirements: Detailed insurance requirements and minimum coverage limits
8. Schedule H - Key Personnel: List of key personnel and their qualifications
9. Appendix 1 - Technical Standards: Applicable technical standards and specifications
10. Appendix 2 - HSSE Bridging Document: Document aligning HSE systems between parties
11. Appendix 3 - Emergency Response Plan: Detailed emergency response procedures and contact information
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