Welcome to the Aker BP Drilling and Wells Technology Portal (the “Portal”). The purpose of the Portal is to provide a platform for suppliers (the “Disclosing Party”) to share information about innovative technology with Aker BP. By accessing and using the Portal, Disclosing Party agree to comply with the following terms:
- Purpose of the Portal: The Portal is designed to foster collaboration and encourage suppliers to present new technologies and ideas to Aker BP. It is intended solely for the purpose of exchanging non-sensitive and non-confidential information.
- Classification of Information: Any information shared via the Portal will be classified as “Aker BP Internal Information” and it is not intended for distribution outside Aker BP or its authorized representatives. Disclosing Party acknowledges and agrees that sharing sensitive, confidential, proprietary, personal, or classified information via the Portal is expressly prohibited at this stage. Examples of sensitive or confidential information include but are not limited to trade secrets, financial data, customer lists, and any other information that could be reasonably deemed sensitive or confidential. Any such sensitive or confidential information should only be shared after the execution of a separate, written Non-Disclosure Agreement (NDA) between Aker BP and the Disclosing Party, which will govern the confidentiality and disclosure of such information.
- NDAs and Further Discussions: If Aker BP is interested in pursuing discussions further regarding Disclosing Party’s idea or technology, Aker BP may, at its sole discretion, initiate a separate NDA with the Disclosing Party. The NDA will primarilty govern the confidentiality and disclosure of sensitive and confidential information shared between the parties during subsequent discussions.
- Right and Authority to Share: The Disclosing Party represents and warrants that it has the right and authority to disclose all information shared via the Portal. Disclosing Party is liable for any misrepresentation of their right to share information and shall indemnify Aker BP in case of any legal claims arising from such misrepresentation.
- Intellectual Property Rights: Disclosing Party shall retain all rights, title, and interest in the intellectual property related to information shared via the Portal. However, by submitting information through the Portal, Disclosing Party grant Aker BP a non-exclusive, royalty-free, worldwide, perpetual license to use, reproduce, modify, and distribute the submitted information for internal evaluation and review purposes only.
- Monitoring and Moderation: Aker BP reserves the right to monitor and moderate the content shared on the Portal. Aker BP may remove or refuse to publish any content that violates these terms or is deemed inappropriate, at its sole discretion.
- No Obligation to Proceed: Sharing information through the Portal does not create any obligation for Aker BP to proceed with discussions or pursue any business relationship with the Disclosing Party.
- Disclaimer: Aker BP disclaims any liability for any loss or damage that may arise from the use of the Portal or the information submitted therein. Disclosing Party shall indemnify Aker BP from any loss, damage, cost, and expense arising from any claim, suit, or action brought against Aker BP by third parties resulting from the Disclosing Party’s use of the Portal or the information shared via the Portal.
- Norwegian law and disputes: These Rules of Disclosure shall be construed and take effect in accordance with Norwegian law. Disputes arising in connection with or as a result of these terms or use of the Portal which are not resolved by mutual agreement shall be settled by court proceedings before Oslo District Court.