Local Content in Oil and Gas Law

A Practical Guide from Design to Implementation

Eduardo G. Pereira, Damilola S. Olawuyi, Allan Ingelson

• Publisher: Routledge
• Year: 2025
• Topic: Business
• eBook ISBN:
  9781040432013
• Subtopic: Commercial Law
• Index: Business

This book explores the development and effective implementation of local content policies in the global petroleum industry, providing a comprehensive overview of the foundations and drivers of local content in oil and gas. Against the backdrop of a growing focus on sustainable development and economic diversification, this comprehensive book addresses the challenges and opportunities of increasing local participation in the oil and gas sector. The book navigates complex topics such as regulatory frameworks, stakeholder engagement, indigenous rights, capacity building, and the intersection of local content with sustainability and gender equality. Through detailed case studies and global examples, the book identifies obstacles such as funding, resource curse, corruption, transparency, strategic planning and adherence to international standards and regulations, while also exploring the critical role of local content in the energy transition and circular economy. The book not only enriches academic discourse but also serves as a pragmatic guide to aligning local development goals with global industry demands. The book links national development aspirations with global industrial realities, offering a practical guide to successful local content policy development and execution. Offering a practical roadmap for policymakers, industry leaders, and scholars to design, implement, and monitor impactful local content strategies, the book will be of interest to researchers in oil and gas law and policy.

Table of contents

• Cover
• Half Title
• Series
• Title
• Copyright
• Contents
• List of figures
• List of tables
• List of contributors
• 1 Introduction
• 2 Definitions and Rationale
• 3 Stakeholders: Who Are the Key Stakeholders Involved?
• 4 Preliminary Issues: Assessing Local Content Capabilities and External Factors Before Setting Local Content Targets
• 5 Local Content and Development: Capacity Building in Local Content
• 6 Legal Framework: Interrelations Between Policies, Laws, Regulations and Contract
• 7 Government Participation and Incentives: To What Extent Should the Host Government Be Involved and Encourage Local Content?
• 8 Access to Finance for Small and Medium Enterprises in Developing Countries: Key Issues and Options
• 9 Local Content Policies, Sovereign Wealth Funds, and Corporate Social Responsibility
• 10 Canada’s Local Content Policies and Impact Benefit Agreements with Indigenous Peoples
• 11 Local Content Laws and Gender Equality in Africa’s Oil and Gas Sector
• 12 Local Content and Technology
• 13 Measurement and Monitoring Local Content: How To Monitor and Measure Local Content Implementation?
• 14 Breaches and Enforcement of Local Content: How To Address Local Content Breaches?
• 15 Exploring Local Content as a Tool for Addressing Resource Curse Challenge
• 16 Local Content and Possible Conflicts With Other International Obligations: Does Local Content Conflict With Bilateral, Regional and/or International Treaties?
• 17 Extractive Experiences: Common Trends and Lessons from Local Content Practices among the Extractive Industries
• 18 Local Content and the Energy Transition: Lessons From the Oil and Gas Industry
• 19 Should Local Content Come to an End at a Certain Stage? Why?
• 20 Local Content and Circular Economy
• 21 Conclusion