Meaning of local content in English (materials, workers, etc. Through the Nigerian Local Content Act) it defines local content as the amount of composite value added or created in the Nigerian economy through a systematic development of capacities and capacities through the deliberate use of Nigerian human, material and services resources in the Nigerian oil and gas industry. It defines local content as the added value that is provided to the host nation (national, regional and local areas of that country, including communities) through the activities of the oil and gas industry. (Through the National Petroleum Agency) it defines local content as a contractual commitment to buy local goods and services competitively.
Local content can play a key role in this regard by establishing long-term relationships with local engineering, procurement and construction companies with the aim of developing them to counter these problems. In the context of Saudi Arabia, local content can be measured according to two parameters: the goods and services purchased by the national government and companies in the national territory, and the labor force added at the local level for the creation of goods and services.
