Courses

Oil and gas producing countries want the wealth from their resources to create national jobs, companies and skills. That is the aim of local content policies, which now feature in many of the industry's tenders and contracts. In this course you will learn what local content is and what its components are: employment and training, purchasing from local suppliers, technology transfer and social investment, as well as the difference between a locally registered company and the value actually added in the country. You will learn about the objectives of these policies, the models used internationally and the risks of poorly designed policies. Finally, you will see how local content affects each phase of a tender and a contract, and what a local supplier needs to demonstrate. With an international perspective, fictitious companies, a branching scenario and interactive activities.

What you will learn

• By the end of the course, learners will be able to define local content and its components.
• By the end of the course, learners will be able to explain the economic and social objectives of local content policies.
• By the end of the course, learners will be able to identify how local content affects each phase of a tender and a contract.

Modules

1. What local content is34 min
2. Why it is required28 min
3. Impact on tenders, contracts and suppliers28 min

Who it is for

Buyers, suppliers and contract managers in the industry