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27 July 2020
The Oil and Gas Industry Content Development Bill 2020 (SB 417) recently passed its second reading in the Senate and was subsequently referred to the Committee on Local Content for further consideration.
The bill seeks to amend existing sections of, and introduce new sections to, the extant Oil and Gas Industry Content Development Act with the aim of aligning the act with industry best practices. The bill proposes to amend the extant act by:
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