turnkey drilling contract

glossary / turnkey drilling contract
Oil & gas. A drilling contract under which the drilling contractor promises to perform specified functions for an agreed price.

• The lease operator has little or no discretion to control the drilling contractor, and so assumes little or no liability for damages that the drilling may cause. Cf. daywork drilling contract; footage drilling contract.

专业法律词汇 词条贡献者
法律翻译Denise，毕业于一所旨在培养高级翻译专业人才的翻译院校，专注翻译各类与专利与商标的授权与起诉有关的法律文件。