GUYANA DRAFT LEGISLATION CALLING FOR LOCAL ‘TAKEOVER’ OF OIL OPERATIONS AS ECONOMY PREPARES TO BOOM
The government will soon lay in the National Assembly its Local Content Bill which could see Guyana setting strong targets for companies operating in the oil industry. The Bill’s first schedule would mandate a near takeover of oil operations by local goods and services in 10 years. Though local penetration of the industry at present … Continued