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ERMS AND CONDITIONS

Effective date: 15th May 2024

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ERMS AND CONDITIONS

Effective date: 15th May 2024

T

ERMS AND CONDITIONS

Effective date: 15th May 2024

T

ERMS AND CONDITIONS

Effective date: 15th May 2024

Sections:

Sections:

Sections:

Sections:

  1. Introduction

Welcome to GoPetrolink, a service operated by DCM L.L.C-FZ. These Terms and Conditions outline the rules and regulations for the use of our website, located at https://gopetrolink.com (hereinafter referred to as "the Site"). The Site is designed to facilitate your understanding and potential investments in oil rig projects.

By accessing or using the Site, you agree to be bound by these Terms and Conditions, along with our Privacy Policy and any other related agreements. If you do not agree to these terms, you are not authorized to use this Site.

  1. Definitions

  • "We," "us," or "our" refers to GoPetrolink, as the context requires.

  • "User," "you," or "your" refers to site visitors, users, and any other persons who access the Site.

  • "Service" encompasses all functionality, applications, information, and services provided through the Site regarding oil rig investments.

  • "Content" includes all texts, graphics, user interfaces, visual interfaces, photographs, trademarks, logos, sounds, music, artwork, and computer code, collectively.

  • "Investment" refers to any form of financial commitment or contribution made via the Site in oil rig projects, including but not limited to direct ownership, partnerships, or shares in companies operating oil rigs.

  1. Eligibility and User Representation

To use the Site, you must be at least 18 years old and possess the legal authority, right, and freedom to enter into these Terms as a binding agreement. You are not allowed to use this Site if doing so is prohibited in your country or under any law or regulation applicable to you. By using this Site, you represent and warrant that you meet these eligibility requirements.

  1. Registration and Account Integrity

When you create an account on the Site, you must provide accurate, current, and complete information as prompted by our registration forms. You agree to update your information as necessary to maintain its accuracy. You are responsible for maintaining the confidentiality of your account credentials and are fully accountable for all activities that occur under your account. You agree to notify us immediately of any unauthorized use of your account or any other security breach.

  1. Nature of Service

GoPetrolink provides a platform for learning about and investing in oil rig projects. Our Service allows you to explore various investment structures, such as direct ownership of oil wells, partnership in drilling projects, or purchasing shares in oil rig operation companies. These services are intended to provide you with opportunities to potentially benefit financially from the extraction and sale of oil and natural gas. GoPetrolink does not guarantee the availability or feasibility of any project listed, and the information provided on the Site should not be construed as investment advice. It is crucial for users to conduct their own due diligence and consider seeking advice from financial advisors.

  1. Financial Terms

By participating in any investment offered on the Site, you agree to be bound by the financial terms set forth in the relevant investment documentation, which will be provided to you at the time of investment. Returns on investments are not guaranteed and are subject to the amount of oil or gas successfully extracted and sold. Distribution of profits, if any, will be made according to the specific terms of each investment, which may vary based on the structure chosen (direct ownership, partnership, or shares). You acknowledge that investments in oil rigs are inherently risky and highly speculative. The value of investments and the income derived from them can decrease as well as increase. You may not receive back the amount originally invested and may lose all of your investment. The economic success of any investment in an oil rig is contingent upon many factors beyond the control of GoPetrolink, including the volatility of global oil prices.

  1. Risk Acknowledgment

Investments in oil rigs involve a high level of risk and may not be suitable for all investors. You acknowledge and agree that:

  • The value of investments can decrease as well as increase, influenced by various factors including but not limited to fluctuations in oil prices and market demand.

  • Operational challenges such as drilling difficulties, equipment failures, or unforeseen geological conditions may impact the success of oil extraction.

  • Environmental and regulatory risks could affect operational legality and cost.

  • You have sufficiently educated yourself, or have sought appropriate advice, regarding all the risks involved and are willing to accept those risks.

  1. Intellectual Property Rights

All content included on the Site, such as text, graphics, logos, images, as well as the compilation thereof, and any software used on the Site, is the property of GoPetrolink or its suppliers and protected by copyright and other intellectual property laws. You agree not to reproduce, duplicate, copy, sell, resell or exploit any portion of the Service, use of the Service, or access to the Service or any contact on the website through which the service is provided, without express written permission by us.

  1. User Conduct

In using the Site, you agree not to:

  • Undertake any action that imposes an unreasonable or disproportionately large load on the Site’s infrastructure, or detrimentally affects the performance or function of the Site.

  • Use any device, software, or routine to interfere or attempt to interfere with the proper working of the Site or any transaction being conducted on the Site.

  • Use the Site to disseminate any unlawful, harassing, libelous, abusive, threatening, harmful, vulgar, obscene, or otherwise objectionable material.

  • Transmit materials that encourage conduct that could constitute a criminal offense, give rise to civil liability or otherwise violate any applicable law or regulation.

  1. Confidentiality

You acknowledge that during your use of the Site, you may obtain information relating to the Site and to GoPetrolink, including certain proprietary information and materials, such as business information, marketing and business plans, technology and technical information, product plans, and designs. Such information constitutes "Confidential Information." You must hold all Confidential Information in strict confidence and not disclose it to any third party without the prior written consent of GoPetrolink.

  1. Data Protection and Privacy

Your privacy is very important to us. We designed our Privacy Policy to make important disclosures about how we collect and use your personal data. We encourage you to read the Privacy Policy, and to use it to help make informed decisions. Furthermore, by agreeing to these Terms, you agree to the terms of our Privacy Policy, which is expressly incorporated herein.

  1. Third-Party Links and Content

The Site may contain links to third-party websites that are not affiliated with or owned, operated, or controlled by GoPetrolink, including third-party payment system providers. You acknowledge and agree that GoPetrolink is not responsible for the content, policies, or practices of such linked websites. Links to other sites are provided for your convenience only and you access them at your own risk.

  1. Limitation of Liability

To the fullest extent permitted by law, GoPetrolink shall not be liable for any indirect, incidental, special, consequential or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, resulting from:

  • Your access to, use of, or inability to access or use the Service;

  • Any conduct or content of any third party on the Service, including without limitation, any defamatory, offensive, or illegal conduct of other users or third parties;

  • Unauthorized access, use, or alteration of your transmissions or content.

  1. Warranties and Disclaimers

GoPetrolink provides the Service on an "as is" and "as available" basis and grants no warranties of any kind, whether express, implied, statutory or otherwise with respect to the Service (including all content contained therein), including (without limitation) any implied warranties of satisfactory quality, merchantability, fitness for a particular purpose or non-infringement. GoPetrolink does not represent or warrant that the Service will be uninterrupted, timely, secure, or error-free, or that defects will be corrected. We do not warrant that the results obtained from the use of the Service will be accurate or reliable.

  1. Indemnification

You agree to indemnify, defend, and hold harmless GoPetrolink, its officers, directors, employees, agents, licensors, suppliers, and any third-party information providers to the Service from and against all losses, expenses, damages, and costs, including reasonable attorneys' fees, resulting from any violation of these Terms and Conditions by you or any other liabilities incurred arising from your use of the Site, or your use of the Service not expressly authorized in these Terms and Conditions.

  1. Amendments to Terms

GoPetrolink reserves the right, at its sole discretion, to change, modify, add, or remove portions of these Terms and Conditions, at any time. It is your responsibility to check these Terms and Conditions periodically for changes. Your continued use of the Site following the posting of changes will mean that you accept and agree to the changes.

  1. Termination and Suspension

We may terminate or suspend your account and bar access to the Service immediately, without prior notice or liability, under our sole discretion, for any reason whatsoever and without limitation, including but not limited to a breach of these Terms and Conditions. If you wish to terminate your account, you may simply discontinue using the Service.

  1. Governing Law

These Terms and Conditions shall be governed and construed in accordance with the laws of the United Arab Emirates, without regard to its conflict of law provisions. Our failure to enforce any right or provision of these Terms and Conditions will not be considered a waiver of those rights.

  1. Dispute Resolution

Any disputes arising out of or related to these Terms and Conditions and/or any use by you of the Site or GoPetrolink’s services shall be handled individually without any class action and shall be governed by, construed and enforced in accordance with the laws of the country where GoPetrolink is headquartered, as detailed in our Business License.

  1. Force Majeure

GoPetrolink shall not be deemed in breach of these Terms and Conditions if we are unable to complete the Services or any portion thereof by reason of fire, earthquake, labor dispute, act of God, or public enemy, death, illness or incapacity of GoPetrolink’s team, or any local, state, federal, national or international law, governmental order or regulation or any other event beyond GoPetrolink’s control.

  1. Severability

If any provision of these Terms and Conditions is determined to be invalid or unenforceable, the remaining provisions of these Terms and Conditions remain in full force and effect.

  1. Entire Agreement

These Terms and Conditions and our Privacy Policy constitute the entire agreement between you and GoPetrolink regarding the use of the Service, superseding any prior agreements between you and GoPetrolink relating to your use of the Site.

  1. No Waiver

No waiver by GoPetrolink of any term or condition set forth in these Terms and Conditions shall be deemed a further or continuing waiver of such term or condition or a waiver of any other term or condition, and any failure of GoPetrolink to assert a right or provision under these Terms and Conditions shall not constitute a waiver of such right or provision.

  1. Feedback and Contact Information

Your feedback is welcome and encouraged. If you have any queries or comments concerning our Service or these Terms and Conditions, please contact us at support@gopetrolink.com.

  1. Miscellaneous

Your feedback is welcome and encouraged. If you have any queries or comments concerning our Service or these Terms and Conditions, please contact us at support@gopetrolink.com.