A production sharing contract (PSC) is a contractual relationship between a host government and a private sector participant ('investor') Maybe it's a division order!Unfortunately, it's only a long agreement with the heading "Production Sharing Agreement" (PSA). Our guide to Legal Considerations in Production Sharing Contracts will help you navigate the complex legal landscape of the oil and gas industry. In this context, PSAs specify how oil and gas are allocated to each lease or pooled unit. 6.08 Production sharing contracts (PSCs) are the most common contractual arrangements in oil and gas producing countries of the world. This document addresses specific action items that are contained in the Guidance for Implementation of. Find out more about our menu items and promotions today! Discover how Apple Vision Pro protects your data. The HTSUS is a complete product classification system, meaning that it covers all imported merchandise.