... oil & gas risk management consideration stakeholder africa government strategic planning and management recommendation leadership nigeria government constraint investment decision transition technique obligation assessment presentation infrastructure economics project management...

... Abstract Asset retirement obligation (ARO) will play a vital role in the valuation of Nigerian petroleum assets, and most importantly, in providing analysts and operators with a regulatory mechanism with which to assess the ultimate value of an asset. It can also form the basis for holding...

...-condensate fields is usually targeted at supplying medium to long-term contractual obligations, their profitability is significantly influenced by the ability to maximize condensate (C5+) recovery. This, however, is impacted by the retrograde condensation phenomenon where condensate drop-out in the reservoir...

... Aggregator Company of Nigeria (GACN) is authorized by government policy to administer the domestic gas supply obligations (DSO) issued for operating exploration and production companies. GACN matches gas suppliers and potential buyers and also negotiates as part of a tripartite party the Gas Sale...

... manage the SPDC's gas portfolio, innovative and sound processes were initiated to optimise and screen a very significant part of our portfolio to ensure that the company still meets and sustains her gas supply obligations with optimal value returns. Prioritisation and ranking of different projects using...

... from committing funds to gas projects. Hence, a well-structured TOP guarantees investors the recovery of their capital and return on investment. TOP obligation, therefore, commits the buyer to take or pay for certain minimum volume of gas over the duration of the contract, usually 20 −25 years...

... acceptance of delivered gas. With increase in gas demand to meet both export and domestic gas obligations in Nigeria, Companies rely on a robust production forecasting platform to predict and manage the performance of their subsurface assets in a bid to meet those obligations. This paper explains...