Offshore drilling giant Noble Corporation has announced a batch of new rig deals, totalling around $560m. Noble’s two 2014-built 7th-generation drillships, the Noble BlackRhino and Noble BlackHawk, ...

The agreement can be in writing, verbal, expressed or implied. It can be in the form of a letter of appointment or employment, or an apprenticeship agreement. However, to minimise disputes on the ...

Bintai Kinden Corporation Bhd has secured a RM20.28 million contract from Tenaga Nasional Bhd (TNB) for power infrastructure works in Pahang, lifting its outstanding order book to RM183.8 million. The ...

Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Learn all about contract management, or use the links in the table of contents to skip to a specific question. Managing contracts isn’t just about getting a signature. It involves a full process—from ...

Contract lifecycle management (CLM) is the process of digitally managing agreements made with customers, vendors, partners, or employees through every stage of the cycle, and encompasses creating, ...

IAS 37 defines an onerous contract as a contract in which the unavoidable costs of meeting the obligations under the contract exceed the economic benefits expected to be received under the contract.

A smart contract is a self-executing computer program that automatically executes the terms of a contract without the involvement of third parties. Smart contract execution can result in the exchange ...