ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(78)383
Vol.1978/0144

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COMMISSION OFTHEEUROPEAN COMMUNITIES
-.COM(78)383final.
Brussels,31July1978
AMENDMENT TOTESPROPOSAL
foraCouncilRegulationof25October1977onsupportforjoint
hydrocarbonexplorationprojects
(Doc.COM(77)532final)
(submittedtotheCouncilbytheCommissionpursuant
tothesecondparagraphofArticle149oftheEECTreaty)
C0M(78)383final
I

EXPLATTATORYT-*EI'0I?ATIDTJMXVII/276/78-E
1.On29rTovemter1974theCommissionpresentedtotheCouncilaProposal
foraRegulationconcerningsupporttojointhydrocarbonexploration
projects(OJEToC/l3(p.3)of25January1975)- -
2.Followingtheguidelinessetout"bytheCouncilon.26June1975andthe
reportsubmitted "byapanelofgeologists,theCommissionamended'its
initialproposalandcoupleditwithsomespecificmeasuresofsupport.
Thisnewproposal-waspresentedtotheCouncilon31October1977
(Doc.CCi:(77)532final).
3.Having "beenconsulted "bytheCouncilontheCommission'samendedProposal
theEuropeanParliamentdeliveredanopinionon8May1978*
consequenceofthatopinion,theCommissionhasamendeditsProposal
foraframeworkRegulation. ■

XVI1/276/78-E
AT-lE?rDI.II?!'TT TOTHE PROPOSAL
Φ
foraCouncil Regulation of25October 1977 onsupport forjoint
hydrocarbon exploration projects
(Doc.COK(77 )532final )
Articles 1-3
Unchanged .
.Article 4
Projects mayemanate from Member States ,undertakings orgroups ofundertakings ,
orfrom the Commission .
For each project adossier shall becompiled which shall' include :
-adetailed description oftheproject and ,where appropriate ,ofthe
drilling programme ;
-indications astotheprobable presence ofhydrocarbons intheexploration
zone ,andtheresults ofgeophysical work ;
-'the cost oftheproject ,andthefinancing arrangements proposed for
carrying itout' ;
-anyother information which may justify thetype and extent ofthe
proposed support ; ■
-anysupport provided for orexpected from Member States fortheproject . .
Article 5
The ■Commission shall publish intheOfficial Journal oftheEuropean Communities
invitations totender fortheexecution ofexploration projects .
Article o
There ishereby established aCommittee onHydrocarbon Exploration Projects ,
hereinafter referred toas"the Committee ". Itshall .consist ofrepresent­
atives oftheMember States ,with arepresentative oftheCommission as
Chairman . .

-2- XVII/276/78-E
Aréole 7
After consulting theCommittee ,theCommission shall r
-select projects ivhich itconsiders ought toreceive financial aid •
from theCommunity ;
-designate theundertakings orgroups of-undertakings which areto
carry outtheprojects selected ;
-decide ,foreach project ,theamount offinancial support tobe
granted . ^
Article 8 1 ...
Theamount ofaidprovided forthefinancing oftheprojects shall "be
determined bytheappropriations actually allocated bytheBudgetary
Authority forthefinancial year inquestion .
Article 9
Decisions oftneCommission snail benotified totheundertakings concerned
andto .theMember States under whose' jurisdiction theexploration isto
becarried out .these Decisions shall benotified for information purposes
tothe Council and theEuropean Parliament .
Article 10 '
Theundertakings which receive Community support under exploration _
projects ofthis kind shall agree toexchange information ontheresults
obtained andtocooperate attechnical level inorder toguarantee an
optimum development intheareas covered byaidprogrammes ;the
Commission shall define thedetails oftheexchange ofinformation and
cooperation after consulting the Committee .
.. Articles 11-1 S
Articles 7-H oftheCommission 'sinitial Proposal ,renumbered .