A comparative analysis of the economic impact of the implementation of local content policies in Oil and Gas producing countries. Ghana and Norway

Table of Contents

Executive Summary

1. Introduction
1.1 Scope
1.2 Aim and Objectives
1.2.1 Aim
1.2.2 Objectives

2.0 Literature Review
2.1 Introduction
2.2 Nature of Local Content Policy in Oil and Gas
2.3 Overview of Local Content Policies in Oil and Gas including legislations in Ghana and Norway
2.4 Impact of implementing LCP on economic factors in Ghana and Norway
2.4.1 Improvement and expansion of local businesses
2.4.2 Success in garnering technology and management skills
2.4.3 Improvement of derivative goods and services
2.4.4 Rise in the Gross Domestic Product (GDP)
2.4.5 Increase in employment
2.4.6 Retraining of local labour force
2.5 Theoretical Framework and Overview
2.5.1 Industry Network Theory
2.5.2 Keynesian Economic Theory

3.0 Analysis
3.1 Introduction
3.2 Comparative Analysis
3.2.1 Justification for the selection criteria
3.2.2 Selection of contextual factors
3.2.3 Criteria for the country selection
3.3 Data/Evidence
3.4 LCP Policy Analysis of Ghana and Norway
3.4.1 Context
3.4.2 The Applied LCPs
3.4.3 Outcomes of the LCP in Norway and Ghana

4.0 Discussion
4.1 Local employment
4.2 Local sourcing of services and goods
4.3 Training requirements
4.4 Technology Transfer

5.0 Conclusion and recommendations
5.1 Conclusion
5.2 Recommendations

6.0 References

7.0 Appendix
Appendix 1: Oil Production in Ghana (OECD, 2016)
Appendix 2: HDI evolution in Ghana (UNDP, 2016)