Tag: Nigerian oil and gas
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How the Nigerian Oil and Gas Works—Part 2
Let’s discuss another interesting part of the Nigerian oil and gas industry, specifically on contracting issues and peculiarities. For a better understanding, read part 1 of the series here. In line with section 85 of the Petroleum Industry Act (PIA), let’s try to understand the applicable Nigerian oil and gas contracts in the sector. 1.…
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How the Nigerian Oil and Gas Works—Part 1
Let’s discuss the Nigerian oil and gas sector from scratch, a simple ABCD approach that can give you the basic knowledge of Nigeria’s most lucrative industry. In the Nigerian oil and gas sector, we produce oil from a certain location and then export it to earn dollars, which would serve as revenue for the entire…