According to think tank Arc Media Global, although effective, the RSC is essentially a contract that greatly increases the risk of exposure to an operator. Risk-sharing contracts (RSCs), first introduced in Malaysia, depart from the production-sharing contract (PSC), which was introduced in 1976 and was recently revised last year as an oil recovery amp toP(PSC), which increased the recovery rate from 26% to 40%. As a high-yield agreement, it is being developed in Malaysia for the population and private partners, in order to benefit from both a successful and vibrant monetization of these peripheral areas. During the Asia Forum production optimization week of the Center for Energy Sustainability and Economics in Malaysia, July 27, 2011, Finance Minister YB. Sen. Dato`Ir. Donald Lim Siang Chai said that the pioneering RSC requires optimal implementation of production targets and allows the transfer of knowledge between foreign and local players in the development of Malaysia`s 106 marginal fields, which contain a total of 580 million barrels of oil equivalent (BOE) in the current high-demand and low-resource market. [2] Production-sharing agreements (IPPs) or production-sharing contracts are a type of joint contract signed between a government and a resource extraction company (or group of companies) on the amount of resources extracted from the country (usually oil). With pure (firm) service contracts, an RSA is a kind of service contract in the oil and gas industry that compensates a cash contractor. Unlike a pure service contract, a contractor is compensated under an RSA contract (risk service contract) on profits (calculated on the basis of a flexible system such as the R factor) generated by the development of a natural resource. Concession AgreementIn the typical oil and gas concession agreement, oil-producing countries or a competent management authority grant contractors the operation of oil projects and the right to develop projects in exchange for a number of in-kind payments or contributions. This source of government revenue can take many forms, but generally includes one or more of the following: fixed rents, royalties (based on sales), surcharges (effective reduction of the potential for increase of sponsors) and taxes (income and tariffs). Thanks to our know-how and extensive network, we can provide all the commercial, financial and technical services necessary to conclude and implement this agreement.