Commercial

NSMP is committed to the OGA Commercial Code of Practice and the Oil and Gas UK Infrastructure Code of Practice (ICOP). All of our business is "third party business" and this focus means we are very responsive to our customers' needs and enquiries for new services.  The typical process for negotiations is as follows:

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The process typically starts with a formal written enquiry from the Operator (or substitute commercial operator if a possible conflict of interest arises) of the field development group requiring access to the infrastructure. This enquiry (otherwise known as a Request for Service or Statement of Requirements) will contain relevant field information such as location, volume, indicative production profile (peak and average), maximum capacity being sought, indication of expected gas quality and an outline of the service requirements in accordance with the process described in the Code of Practice on Access to Upstream Oil and Gas Infrastructure on the UK Continental Shelf.

We will then respond with a termsheet for services and capital modifications based on our Key Commercial Terms and meeting the needs of the service request. The termsheet can then form the basis for more detailed commercial discussions.