Statements of Principles
- Ethical Conduct in Negotiation
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- Interference by Local Population
- Force Majeure
- Indemnities – Exclusion Zones
- Liabilities & Indemnities
- Marine Mammals
- Rights of First Refusal
- Third Party Direct Action
- Weather Downtime
- Standby Permitting Delays
- Intellectual Property
- E-Commerce Bidding Procedures
- Security of Seismic Operations
- Confidentiality of Data
- Disclosure of Data to Third Parties
- Transfer Fees
- Amortization Policies
- Code of Practice
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IAGC's Summary of Key Principles, Statements of Principles, any suggested contractual language and other commercial guidance are offered to the industry by IAGC as discussion and educational tools. Any industry participant is free to use them in any way they wish.
IAGC's Summary of Key Principles, Statements of Principles, any suggested contractual language and other commercial guidance are provided only for informational purposes, and may not, with respect to any particular contract, be applicable, desirable, enforceable, or conform to the legal or operational requirements of the jurisdiction where the work is to be performed or the transaction is to take place.
Nor are the Summary of Key Principles, Statements of Principles, any suggested contractual language and other commercial guidance intended to establish an attorney-client relationship, or to serve as legal advice from IAGC to any industry participant. Any party intending to use the principles or contractual language in particular contracts should seek review by their legal counsel, and come to their own conclusion as to their applicability, desirability, or enforceability.
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