Home > Term: local content
local content
The amount of local personnel, material and services that working interest owners are required to employ when drilling and operating a well, as specified under the terms of a concession agreement.
- Part of Speech: noun
- Industry/Domain: Oil & gas
- Category: Oilfield
- Company: Schlumberger
0
Creator
- Harry8L
-
(V.I.P) 574128 points - 100% positive feedback
(London, United Kingdom)
