New Law Passed To Encourage Local Hiring

Key Points

• The government has passed a new law to promote local hiring in the oil and gas industry
• The law affects contracts signed after October 20, 2020
• Oil and gas companies must report their progress in hiring local employers to MIREMPET
• Companies must sign agreements with MIREMET after signing contracts for goods and services
• Companies must outline a plan to recruit and train local workers
• A plan and implementation status report must be submitted to MIREPET every year
• Failure to comply may result in fines and prohibit companies from hiring foreign workers

Overview

The Angolan government has created a new law that promotes local hiring in the oil and gas industry. The new law impacts contracts signed after October 20, 2020.