The Political Economy of Oil and Gas in Africa
The case of Nigeria
The evolution of the Nigerian oil and gas industry spanned about a century during which several challenges were encountered and surmounted by major International Oil Companies (IOCs). This book provides a thoroughly researched guide to the Nigerian oil and gas industry.
The author examines the increasing role of Africa in the contribution of oil and gas resources to the global energy market and provides an overview of oil and gas exploration and production activities in Algeria , Libya , Egypt and Angola . The book presents an in-depth review of the growth and challenges of the Nigerian oil and gas industry. It also highlights the geological features of the oil and gas bearing regions of the country. In particular, the emerging prominence of the Gulf of Guinea as a prolific hydrocarbon bearing zone is extensively evaluated.
Table of Contents
Foreword (Dr Rilwanu Lukman, former Nigerian Petroleum Resources Minister, Secretary General and President of OPEC) 1. Oil and Gas in Africa 2. Nigerian Oil and Gas Industry 3. Petroleum Geology of Nigeria 4. NNPC 5. Upstream Sector 6. Marginal Field Development 7. Oil Field Service Companies 8. Nigerian Content Development 9. The Joint Development Zone (JDZ) 10. Refineries and Petrochemicals 11. Products Marketing Companies 12. Gas Monetisation 13. Elements of Petroleum Law 14. MOU and JV Operations 15. The Niger Delta 16. Environmental Pollution 17. Shipping and Cabotage Practice 18. Privatisation and Liberalisation 19. Investment Opportunities
Soala Ariweriokuma is an economist and former lecturer at the University of Port Harcourt. He joined the Nigerian National Petroleum Corporation (NNPC) in 1992 and has worked in key divisions of the corporation. He is currently General Manager of NIDAS International (an NNPC/DSME Joint Venture Company).
'A thorough study of the oil and gas industry in Nigeria – a must-read for any potential investor.' Carole Nakhle (University of Surrey, UK)
'This is a very interesting book. It provides a depth analysis of the Nigerian oil industry. Any investors in oil sector especially for those who would like to explore the Nigerian oil sector certainly will need to read this book.' Dody Rusydi (Deakin University, Australia)