Schedule 8.3 (c)
                                                                     to the Share Sale and Purchase Agreement
                                                                           between Statoil ASA and Statpet AS
                                                                                          and Norsk Teekay AS
                                                                                       dated 15 December 2002

TMP Personnel

As of the Signing Date, the TMP division of Navion comprises 18 persons (the TMP Personnel). The TMP
division carries out certain technological services to the Statoil Group as well as to the Navion Group.
The TMP Personnel possess important experience and expertise, which both Parties wish to be able to draw
upon, but some of which is more relevant to the Statoil Group or the Navion Group, as the case may be.

In order to utilise and develop the skills and potential of the TMP Personnel in the future in the best
possible manner and within the most relevant corporate environment, the Parties agree that, save for the
activities related to the VOC projects and certain technical operating support functions (such as dynamic
positioning, marine engineering and environmental technology),  the TMP divisions  technological services
and activities (including vetting support services) shall be transferred to the Statoil Group prior to
Closing. Based on the current and expected needs of the businesses of the Statoil Group and the Navion
Group respectively, the Parties intend that Navion will keep approximately 6 - 8 persons within the TMP
Personnel, while approximately 10 - 12 persons will be transferred to Statoil, subject to the terms and
principles set out below.

|1. | The process to select the individuals among the TMP Personnel who will remain with Navion and who
         will transfer to Statoil, shall be organised and determined by the Statoil and Navion management in
         compliance with relevant rules, regulations and labour union agreements, involving union
         representatives and a person selected by and representing the TMP Personnel. The selection process
         shall be carried out as soon as practically possible after the Signing Date, with a proposed target
         date for completion being January 15, 2003.                                                                                                                                             
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|2. | In selecting and allocating the relevant TMP Personnel who shall be transferred to the Statoil
         Group, due regard shall be taken to fulfil the functions and activities of the TMP division which
         are to be taken over by the Statoil Group. Also to be taken into account shall be an equitable
         sharing of competencies between the people designated for the Navion and the Statoil business
         respectively, provided, however, that (i) Statoils particular need for expertise within gas
         transportation, and (ii) Navions particular need for continuity regarding the VOC projects and
         technical operational support shall be catered for in particular in the selection process.
|3. | The Parties shall procure that, on or before Closing,  Navion and Statoil shall enter into a
         service agreement providing the basis for mutual provision of technical maritime services, based on
         commercial terms and conditions substantially as reflected in the existing service agreement
         currently in force between Navion and Statoil.                                                                                                                                                                                                                                                                                                                                                                    
|4. | As for ongoing projects and assignments, for Statoil and other customers of Navion, the main
         principle to be applied shall - subject to consent, if applicable, from the relevant contractual
         party - be that the relevant projects and assignments follows the relevant personnel, and so that
         Navion shall remain responsible therefore to the extent the relevant personnel remains with Navion,
         and Statoil shall become responsible therefore effective as of the time when Statoil may take over
         the relevant personnel.                                                                                                                                                                
|5. | As far as vetting support services are concerned, the current arrangement between Statoil and the
         Buyer/Navion shall be terminated no later than the date of Closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|6. | Navion shall retain all revenues from the TMP activities and remain responsible for wages and all
         costs relating to the TMP Personnel and the business carried out by them up until the date of
         transfer, from which date Statoil shall assume the liabilities, costs and revenues related to the
         activities and the part of the TMP Personnel to be transferred to Statoil. The reorganisation shall
         be implemented in all respects no later than the date of Closing.