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NTK 07 MOD - Norsk Industri

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Protocol text <strong>NTK</strong> <strong>07</strong> <strong>MOD</strong> – 25.09.20<strong>07</strong> Page 1 of 1<br />

PROTOCOL<br />

Protocol signed by Statoil ASA (Statoil), <strong>Norsk</strong> Hydro ASA (Hydro) and <strong>Norsk</strong> <strong>Industri</strong> (the<br />

National Association of Technology Companies) (NI):<br />

Statoil, Hydro and NI have prepared a version of <strong>NTK</strong> <strong>07</strong> for modification contracts called<br />

<strong>NTK</strong> <strong>07</strong> <strong>MOD</strong>.<br />

Statoil and Hydro and NI's member companies undertake to use <strong>NTK</strong> <strong>07</strong> <strong>MOD</strong> for<br />

modification contracts which contain a significant share of newbuilding work, ref art. 1.1, last<br />

paragraph in the Protocol to <strong>NTK</strong> <strong>07</strong>.<br />

The objective for the preparation of <strong>NTK</strong> <strong>07</strong> <strong>MOD</strong> has been only to make such adjustments<br />

to <strong>NTK</strong> <strong>07</strong> which is justified by the fact that the modification contracts also consist of offshore<br />

activities, in addition to the EPC-obligations <strong>NTK</strong> <strong>07</strong> primarily aims to regulate.<br />

This means the following:<br />

• To the extent there are changes agreed to, there shall be made parallel changes to<br />

<strong>NTK</strong> <strong>07</strong> <strong>MOD</strong>.<br />

• The provisions in the Protocol to <strong>NTK</strong> <strong>07</strong> will apply to <strong>NTK</strong> <strong>07</strong> <strong>MOD</strong>. It will be held<br />

mutual meetings to discuss the experiences of using <strong>NTK</strong> <strong>07</strong> and <strong>NTK</strong> <strong>07</strong> <strong>MOD</strong>, ref.<br />

<strong>NTK</strong> <strong>07</strong>-Protocol art. 2.2.<br />

<strong>NTK</strong> <strong>07</strong> <strong>MOD</strong> is adjusted for different implementation strategies as far as it concerns the<br />

performance of the offshore part of modification works. The offshore works may be<br />

performed under Contractor’s management or under Company’s management.<br />

Articles 1.17, 1.18, 10.4, 19.5, 23.2 and 29.1 in <strong>NTK</strong> <strong>07</strong> <strong>MOD</strong> reflects this difference by<br />

allowing different regulation dependant upon which implementation strategy that has been<br />

chosen. If an implementation strategy is chosen, where the offshore works are being<br />

performed under Contractor’s management, these provisions can be changed or omitted<br />

without having to notify NI of such changes under the Protocol.<br />

Oslo, 25. September 20<strong>07</strong><br />

For Statoil ASA For <strong>Norsk</strong> Hydro ASA<br />

___________________________ ___________________________<br />

Kjell-Erik Østdahl Fredrik Stang Rydin<br />

For the Federation of Norwegian <strong>Industri</strong>es<br />

___________________________ ___________________________<br />

Erling Matland Knut Aaneland

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