Unfair Contract Terms Act 1977: does it provide a good model in regulating risk allocation provisions in oilfield contracts in Malaysia?
The unequal bargaining power of the parties in the oil and gas industry has lead to the imbalanced contractual risk allocation in oilfield contracts in Malaysia. In this regard, there is a prospect that the operators pass an unfair share of the risks on to the contractors. However, the contractors...
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Format: | Article |
Language: | English |
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Inderscience
2015
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Online Access: | http://irep.iium.edu.my/43900/ http://irep.iium.edu.my/43900/ http://irep.iium.edu.my/43900/2/IJTGM80101_Zulhafiz.pdf |