Introduction

On 20 October 2020, the Angolan government passed Presidential Decree 271/20, ("PD 271/20") approving the new legal framework for the promotion of Local Content in the oil and gas sector. The Decree, like many regulations before it, aims at advancing local knowledge and skills whilst attempting to balance foreign investment commitments. Conspicuously, the Decree repeals Order 127/03 of 25 November on the general regulatory framework for the hiring of services and goods from national companies in the oil industry, to make substantial changes regarding the rules on local Angolan content ...