Terms of use

Welcome to the Akastor website, comprised of various web pages operated by Akastor and its affiliates (the “Site”).

Agreement between you as a user and Akastor
The Site is offered to you conditioned on your acceptance without modification of the terms, conditions and notices contained herein (these “Terms of Use”) and any and all applicable laws and regulations. Akastor reserves the right, in its sole discretion and at any time, to amend or change or modify, or otherwise revise these Terms of Use, in whole or in part, by updating these Terms of Use as posted on the Site.

By your access to, browsing and otherwise use of the Site, you acknowledge, without limitation or qualification, that you have read, understood and agreed to these Terms of Use as they are. You should therefore periodically visit this page to determine the then current Terms of Use to which you are bound. These Terms of Use constitutes your entire agreement with Akastor for use of the Site and you understand and acknowledge that by your access to, browsing and otherwise use of the Site any other agreement or understanding you may have with any company within the group of Akastor with respect to the subject matter in these Terms of Use are hereby superseded in full. If you for any reason find that you cannot agree to and accept these Terms of Use, you may not access, browse or otherwise use the Site and we kindly ask you to exit and terminate your access to the Site immediately.

International users
This Site is controlled, operated and administered by Akastor ASA, from its offices in Norway, and the host server for this web site is located in Norway. Akastor ASA makes no representation that materials in this Site are appropriate or available for use in other jurisdictions than in Norway. Should you access this Site from other locations than Norway, you acknowledge and agree that you do so solely on your own responsibility for any and all compliance with any law and regulation which may apply to you or any use of web sites. Should the contents of this Site be considered unlawful or in violation of the laws and regulations of the territory you attempt to access the Site from, you are expressly prohibited from browsing or using this Site and are requested to exit and terminate your access to the Site immediately.

Legal entities
Each company affiliated with Akastor ASA is a separate corporation that manages and controls its own affairs. Each affiliated company are separate legal entities, but in relation to this Site terms such as “Akastor”, “the company”, “the group”, “we” or “us” may make reference to companies within the Akastor group. You understand and acknowledge that the use of such terms is for convenience only and is not intended as an accurate description of corporate relationships.

Third party sites
The Site may include links to web sites operated by third parties. Such links are provided in order to help you find relevant web sites, services and/or products that may be of interest to you. Akastor is not responsible for such web sites, their content, goods or services or safety. It is your sole responsibility to decide whether the content or offers of such third party sites are suitable for your purposes. If you decide to visit any linked site you will leave this Site and you visit the third party sites at your own risk and it is your responsibility to take all protective measures to guard against viruses or other destructive elements that such sites may or may not expose you to.

Any links to third party sites on this Site do not in any way imply that Akastor sponsors, endorses, is associated with such third party sites, nor that Akastor makes any warranty or representations in relation to any of these or accept any liability in relation to any of these, nor that Akastor in any way may be legally authorized to use any trademark, trade name, logo or copyright symbol displayed in or accessible through the links, or that any linked site is authorized to use any trademark, trade name, logo or copyright symbol of Akastor or any of its affiliates or subsidiaries.

Copyright, disclaimer and terms of use
This Site and the contents herein are provided as a convenience to you. Despite any effort of Akastor, the information contained in the Site may not be comprehensive, accurate, error-free, up to date or applicable to the circumstances of any particular case. The contents of the Site are provided on an “as is” and on an “as available” basis and any and all decision you make based on information contained in this Site is your sole responsibility.

All contents of this Site, including without limitation any algorithm, code, catalogue, design, data, format, graphics, layout, photos, text and any other element of the Site, are protected by applicable intellectual property rights, including but not limited to copyrights and trademark rights. Any and all rights pertaining to such elements or information which are not expressly granted to you as a user under these Terms of Use are reserved in full. You acknowledge and agree that you as a user are responsible for obeying all applicable copyright laws.

Under these Terms of Use Akastor permit you to make such copies of the Site as is strictly necessary as an incidental act during your browsing of the Site. You may also on convenience download or print material from this Site, solely for your personal, non-commercial use and provided that all applicable copyright and other proprietary notices are kept intact and unaltered. The use of press releases and other documents clearly marked as “public” is permitted in public communications if the source for the information is stated.

All other use is strictly prohibited. You may not link to any other page of the Site than the home page nor frame any page on this Site, without Akastor’s prior written consent.

Forward-looking statements
This Site may include and may be based on forward-looking information and statements that are subject to risks and uncertainties that could cause actual results to differ from the statements made herein. Such forward-looking statements, particularly those related to capital expenditure, cash flows, costs, debt, demand, disposals, dividends, earnings, efficiency, gearing, growth, investments, margins, performance, prices, productivity, profits, reserves, returns, sales, savings, strategy, synergies, tax rates, trends, value, volumes and the like, are based on current expectations, estimates and projections of conditions or developments in what Akastor at the time considers to be relevant global or regional or market or industry-related economic factors. Such forward-looking statements, whether in the form of expectations, estimates or projections may generally, but not necessarily, be identified by statements containing words such as “expects”, “believes”, “estimates” or similar expressions.

Such statements reflect the views of Akastor as of the date made with respect to future events and are subject to risks and uncertainties. Therefore, you should take caution that actual developments and results may differ materially from those expressed in such statements, depending on a variety of factors including among others, economic and market conditions in the geographic areas and industries that are or will be major markets for the Akastor group’s businesses, oil prices, market acceptance of new products and services and technology, demand and pricing, actions of competitors, political stability and economic growth, changes in governmental regulations, interest rates, fluctuations in currency exchange rates, natural disasters, wars and acts of terrorism and other factors.

Akastor believes that its expectations and the information on the Site are based upon reasonable assumptions at the time when they were made. However, you should note that Akastor disclaims any intention or obligation to update forward looking statements, nor does Akastor make any assurance, representation or warranty that any expectations will be achieved or that the actual results will be as set out on the Site.

LIMITIATION OF LIABILITY
YOU ACKNOWLEDGE THAT YOU HAVE BEEN SPECIFICALLY INFORMED AND HAVE UNDERSTOOD AND AGREE THAT AKASTOR AND ITS AFFILIATES MAKE NO REPRESENTATION OR WARRANTY, EXPRESSED OR IMPLIED, AS TO THE ACCURACY, COMPLETENESS, OR RELIABILITY OF ANY ADVICE, OPINION, STATEMENT OR INFORMATION ON THE SITE, NOR IS ANY REPRESENTATION OR WARRANTY, MADE TO THE TITLE TO OR NON-INFRINGEMENT, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OF ANY INFORMATION ON THE SITE. YOU ACKNOWLEDGE THAT ANY RELIANCE ON ANY OPINION, ADVICE, STATEMENT, MEMORANDUM, OR INFORMATION ON THE SITE SHALL BE AT YOUR OWN SOLE RISK. CONSEQUENTLY, NEITHER AKASTOR NOR ANY ITS AFFILIATES OR ANY OF THEIR RESPECTIVE EMPLOYEES, OFFICERS, DIRECTORS, LICENSORS, ASSIGNEES, SUCCESSORS, INSURERS OR AGENTS HAVE ANY LIABILITY TOWARDS YOU OR ANY OTHER PERSON RESULTING FROM YOUR USE OF THE SITE. IN ANY CASE WHERE ANY APPLICABLE JURISDICTIONS DOES NOT ALLOW FOR ANY OR ALL OF THE EXCLUSION AND LIMITATIONS ABOVE, THE LIABILITY OF AKASTOR WILL BE LIMITED TO THE WIDEST EXTENT PERMITTED BY LAW.

YOU ACKNOWLEDGE AND AGREE THAT AKASTOR, INCLUDING ITS AFFILIATES AND RELATED COMPANIES, PARTNERS, AND THEIR RESPECTIVE EMPLOYEES, OFFICERS, DIRECTORS, LICENSORS, ASSIGNEES, SUCCESSORS, INSURERS AND AGENTS, ARE NOT LIABLE IN ANY RESPECT FOR ANY DIRECT, INDIRECT, INCIDENTIAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES, LOST PROFITS OR FOR BUSINESS INTERRUPTION ARISING OUT OF YOUR ACCESS TO OR THE USE OF OR INABILITY TO ACCESS OR TO USE THIS SITE OR ANY LINKED WEBSITE, REGARDLESS OF WHETHER AKASTOR HAS BEEN EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

YOU AGREE TO DEFEND, INDEMNIFY AND HOLD HARMLESS AKASTOR AND ITS AFFILIATES AND RELATED COMPANIES, PARTNERS, AND THEIR RESPECTIVE EMPLOYEES, OFFICERS, DIRECTORS, ASSIGNEES, SUCCESSORS AND AGENTS FOR ANY COSTS, CLAIMS, DAMAGES, LOSSES, OR OTHER LIABILITIES ARISING FROM YOUR ACCESS TO OR USE OF THE SITE IN BREACH OF THESE TERMS OR IN VIOLATION OF LAW.

Privacy policy
Akastor respects your privacy and is committed to protecting any personal information that you may provide through the Site. The following information is designed to help users of the Site to understand what information we gather from the Site and how this information is handled.

In general, you can visit this Site without telling us who you are. This Site will collect information on visitors’ domain names, but not any e-mail addresses. The Site collects such information to measure traffic and number of visits, average time spent on the Site, pages viewed, and other data on the use of the Site. We use this information to measure and improve the content of the Site. The Site also use “cookies”, which is a tiny element of data that a web site can send to your browser, which may then be stored on your hard drive. Cookies are used so we can recognize when you return to the Site. You may set your browser to notify you when you receive a cookie.

There may be times when we may need to collect personal information from you for a specific purpose, such as to provide you with certain information you request from us. The information collected from you may, inter alia, include your name, address, telephone, fax number, and e-mail address. When such information is collected from you we will let you know at the time of collection how we will use the personal information. Generally, personal information you provide is used to respond to your inquiry or to process your request (such as to receive electronic annual reports or to subscribe for press releases). This information may be shared within the Akastor company group or businesses, if necessary to fulfill your request or for related purposes. We may also share the personal information you provide with other companies that we have hired to provide services for us. These companies – our vendors – are bound to use personal information we share with them only to perform the services we have hired them to provide. We do not share, sell, or lease personal information about you to any third parties for their marketing use. We will release information about you if (i) you direct us to do so, (ii) we are required by law to do so, or (iii) in other warranted circumstances (for example, to protect your account from fraud).

The Site may include links to other sites. Please be aware that Akastor is not responsible for the privacy practices of such other sites. We encourage our users to be aware when they leave this Site and to read the privacy statements of such other sites. This privacy statement applies solely to information collected by this Site.

Changes
Akastor may terminate, change, suspend or discontinue any aspect of this Site, including the availability of any features of the Site, at any time. Akastor may also impose limits on certain features and services or restrict your access to parts, or all, of the Site without notice or liability. Akastor may terminate the authorization, rights and license given above and, upon such termination you shall immediately destroy all materials from the Site.

Akastor reserves the right, in its sole discretion, to terminate your access to the Site and the related services or any portion thereof at any time, without notice.

Place of jurisdiction
Your use of this Site and downloads from it, and the operation of these terms and conditions, shall be governed in accordance with the laws of the Kingdom of Norway. The courts of Norway, by the District Court of Oslo, shall have exclusive jurisdiction over any dispute arising out of your use of this Site.

In the event that any or any part of the terms contained in these Terms of Use shall be determined by any competent authority to be invalid, unlawful or unenforceable, such term shall to that same extent be severed from the remaining terms, which shall continue to be valid and enforceable to the fullest extent permitted by law.