Benefit Analysis of Overseas Oil and Gas Resources Development of Joint Venture Based on PSC

Abstract With the continuous growth of global energy demand, the development of oil and gas resources plays an increasingly important role in the international market. As a flexible mode of cooperation, joint venture plays a key role in overseas oil and gas resources development. The article introduces the purpose and significance of setting up joint ventures for overseas oil and gas resources development, and based on the main business terms and fiscal policies of the PSC (Production Sharing Contract), which is more common at the present stage, it analyzes in-depth the calculation process of the revenue distribution process and the calculation method of the efficiency indexes of the government of the resource country and the parties to the contract.