UiS Working Papers in Economics and Finance,
University of Stavanger

Abstract: A long period of rig scarcity and high rates has led to innovation in the procurement of rig services and in relationships between oil companies and rig contractors. Discussions have been conducted on joint ventures between companies and contractors, for instance. This paper describes and analyses such a solution from a taxation perspective. Could a joint venture pose problems for revenue capture from the petroleum sector? Challenges in taxing drilling services - including recently adopted British restrictions on determining internal charter rates for drilling units - are also analysed. In addition to analysing topical issues related to taxation and rigs, the paper makes a general contribution by highlighting the connection between taxing rig services at oil-company and rig-contractor levels, and by placing rig taxation in a broader resource management perspective.

Keywords: Climate Projects; Decision Analysis; CO2

JEL-codes: G31; G38; M21; Q48; Q51

12 pages, August 1, 2014

Full text files

uis_wps_2014_7_osmundsen.pdf  

Download statistics

• University of Stavanger
• Home page for this series

Questions (including download problems) about the papers in this series should be directed to Bernt Arne Odegaard ()
Report other problems with accessing this service to Sune Karlsson ().

This page generated on 2024-02-05 17:13:43.