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Government & Regulation
Indonesia Upstream Fiscal and Regulatory Report – 2nd 2018 Bid Round Opened under Gross Split Terms
Indonesia has introduced gross split PSAs for investment in its upstream oil and gas sector. Following the regulatory overhaul, the government is looking to promote exploration through new licensing rounds. In August 2018, the second conventional regular tender bid round opened, which for the first time includes production acreage. Going forward, Pertamina intends to increase its role as an upstream operator in the sector, this may introduce new third-party opportunities. “Indonesia Upstream Fiscal and Regulatory Report – 2nd 2018 Bid...
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Government & Regulation
Timor-Leste Upstream Fiscal and Regulatory Report – Maritime Boundary Treaty Requires Transition for JPDA Contracts
Timor-Leste’s upstream fiscal regime has been relatively stable since the introduction of the 2005 model contract. Under PSAs, royalties are payable at a rate of 5% on gross production and after cost recovery, the remaining profit oil is shared between the licensee and the state. Licensees’ income is subject to corporate income tax at a rate of 30% and Supplemental Petroleum Tax. New legislation has been introduced to govern the sector in the past two years. The March 2018 signature...
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Sector Analysis
The Global Tactical Communications Market 2017-2027
The changing warfare scenario from conventional to asymmetric warfare has compelled the militaries to emphasize on tactical communications significantly. Factors such as force coordination, connected movement in battlefield, constant contact with the base stations and associated platform echelons demand for improved communication systems. The major military forces are in quest to improve the communications network for their armed forces and uplift their military capabilities along with combat effectiveness. Moreover the regular advancements in C4ISR technologies have heightened the demand for...
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Analyst Opinions
Chile Beer Market Insights Report 2016; In-depth Analysis of Key Companies, Brands, Volume, Value and Segmentation Trends and Opportunities in the Beer Market
The slowdown in the economy has taken its toll on beverage consumption. However, the beer market is resilient and has seen uplift in quality. The increasing sophistication of consumer appetites and a rise in disposable income has precipitated a fall in demand for discount products and an upsurge in the consumption of premium and super premium products, which account for 24% of total consumption. Mainstream segment that dominated the Chile beer market holding 72% share is facing mounting competition from...
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Analyst Opinions
Indian Power Equipment Sector – APAC’s Upcoming Investment Hub
According to the National Manufacturing Competitiveness Council (NMCC) estimates, India’s manufacturing sector will contribute 25% to the country’s GDP by 2025, in which electrical equipment will occupy a major pie. 100% FDI allowance in the electric machinery sector will also boost investments from the country and abroad, thereby increasing industry revenue in the years to come. Also research and development activities will strengthen the electric machinery sector enabling India to evolve as a key manufacturing hub. In 2014, the value...
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Sector Analysis
United Kingdom: Telecom Services Market Will Continue to Grow Through 2021 Driven by Data Services and Content
In 2016, the UK will be the largest telecom services market in Western Europe. Pyramid Research expects minor Brexit implications on the telecom industry outlook over the next five years since the telecom market is less vulnerable to macroeconomic changes and cycles than are other industries. Going forward, growth in the UK’s telecom market will be driven by further customer migration to faster-speed fixed and mobile networks – which generates an uplift in ARPU– and by richer content offerings for...
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Government & Regulation
Australia Upstream Fiscal and Regulatory Report – PRRT Review Set to Report At The End of April
“Australia Upstream Fiscal and Regulatory Report - PRRT Review Set to Report At The End of April”, presents the essential information relating to the terms which govern investment into Australia’s upstream oil and gas sector. The report sets out in detail the contractual framework under which firms must operate in the industry, clearly defining factors affecting profitability and quantifying the state’s take from hydrocarbon production. Considering political, economic and industry specific variables, the report also analyses future trends for Australia’s...
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Analyst Opinions
Mother’s Day 2016
This year saw an increase in those not celebrating Mother’s Day, yet there was also an uplift in those spending more on the occasion. More than half of consumers see Mother ’s Day as an important occasion, while over a third enjoy shopping for it. Grocers remain key destinations for Mother’s Day purchasing, while M&S was the retailer that consumers felt did the best job of promoting the occasion.
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Government & Regulation
Norway Upstream Fiscal and Regulatory Report – Fiscal Stability Maintained as Government Looks to License New Acreage
“Norway Upstream Fiscal and Regulatory Report - Fiscal Stability Maintained as Government Looks to License New Acreage”, presents the essential information relating to the terms which govern investment into Norway’s upstream oil and gas sector. The report sets out in detail the contractual framework under which firms must operate in the industry, clearly defining factors affecting profitability and quantifying the state’s take from hydrocarbon production. Considering political, economic and industry specific variables, the report also analyses future trends for Norway’s...
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Government & Regulation
Denmark Upstream Fiscal and Regulatory Report – Incentives Introduced for Investments from 2017 to 2025
Having seen a significant decline in the production from mature assets over the past decade, the Danish government has taken actions in support of the sector in recent years. Amendments to the Hydrocarbon Tax Act in late 2017 grant a higher uplift and depreciation rate. The new tax incentives are effectively phased out at higher oil prices through an additional tax levied. 16 new licenses were awarded in the 7th licensing round announced in 2014, the first round since 2005....