Knock-For-Knock Indemnities and the Law
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Liability and insurance clauses in contracts for vessel services in the Norwegian offshore sector
1 Introduction
This chapter covers the Norwegian offshore sector’s liability and insurance clauses in contracts for vessel services. In this chapter, “contracts for vessel services” means offshore charter parties and contracts for drill and well services. The contracts referred to in this context are the Supplytime 051 and the OLF2 Proposal “New Conditions of Contract for Drilling and Well Services.”3