Unfair risk allocation in oil and gas upstream service contracts in Malaysia: the necessity for Oilfield Anti-indemnity Act
In Malaysia, the absence of a law to regulate imbalanced risk allocation and unfair indemnity and hold harmless clauses in oil and gas service contracts should be perceived as a serious problem. Such deficiency leads to the problem of inequality of bargaining power resulting from the dominant positi...
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Main Authors: | Wan Zahari, Wan Mohd Zulhafiz, Abdul Rahman, Nasarudin |
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Format: | Article |
Language: | English English English |
Published: |
Universiti Malaysia Sarawak
2020
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Subjects: | |
Online Access: | http://irep.iium.edu.my/80397/1/80397_Unfair%20risk%20allocation%20in%20oil.pdf http://irep.iium.edu.my/80397/2/80397_Unfair%20risk%20allocation%20in%20oil_SCOPUS.pdf http://irep.iium.edu.my/80397/3/80397_Unfair%20risk%20allocation%20in%20oil_WOS.pdf http://irep.iium.edu.my/80397/ http://www.ijbs.unimas.my/images/repository/pdf/Vol21-S1-paper13.pdf |
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