Oil companies instructed to pay locals within 45 days

Oil companies instructed to pay locals within 45 days

CONTRACTORS and sub-contractors operating in Guyana’s oil and gas sector have been instructed by the Local Content Secretariat that their five-year local content master plan must be updated to include a payment period of between 30-45 days upon correct receipt of an invoice. According to a release from the Natural Resources Ministry, this will allow …

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