[PDF] Governance Of The Petroleum Sector In An Emerging Developing Economy eBook

Author : Kwaku Appiah-Adu
Publisher : Routledge
Page : 315 pages
File Size : 28,94 MB
Release : 2016-04-22
Category : Business & Economics
ISBN : 1317125827

GET BOOK

Oil exploration in the developing world has been and continues to be a high profile and high risk activity attracting media coverage and stimulating much debate. In Governance of the Petroleum Sector in an Emerging Developing Economy, Professor Kwaku Appiah-Adu has assembled an edited volume that provides insight into critical aspects of this highly sensitive activity. Professor Appiah-Adu’s starting point is Ghana, where he has been closely involved in national policy-making. The book makes comparisons between that African country and others as diverse as Trinidad and Tobago, and Norway. The contributors, global experts in their respective fields, explore five critical themes and propose strategies for progress in each. You will find an in-depth analysis relating to: turning oil and gas wealth into sustainable and equitable development; entrenching transparency and stakeholder engagement; effective management of the oil and gas sector; and safeguarding security and the environment. Finally, country specific models and lessons, particularly for Ghana and other African oil producing nations, are offered. This book serves as reference for business practitioners, policy makers, scholars, students and anyone interested in gaining insight into the oil and gas sector, particularly as it pertains to Ghana and other African petroleum producing nations, with lessons drawn from the global arena and international best practice.

Author : Joshua Yindenaba Abor
Publisher : Taylor & Francis
Page : 352 pages
File Size : 39,96 MB
Release : 2023-06-07
Category : Business & Economics
ISBN : 1000890414

GET BOOK

The oil and gas industry is a complex sector with significant reach in terms of providing the energy needs of the global economy and the security, environmental and development consequences thereof. In particular, the sector is extremely important for the economic growth of emerging markets and developing countries. Furthermore, the life span of oil and gas resources is finite, with high health and safety risks and substantial environmental costs that require careful management and sustainability practices to ensure optimal extraction and utilisation of these resources. This book examines the challenges and opportunities in the oil and gas industry, in the context of emerging markets and developing economies. It provides comprehensive coverage of the management and sustainability practices of the sector, the environmental impact and sustainability of resources as well as the businesses that operate in the sector across the entire value chain. It addresses the current discourse on topics such as the Sustainable Development Goals, the Green Economy, the Paris Agreement and Glasgow Climate Pact and concludes with a chapter on the future of the oil and gas industry. The discussions around energy and energy transitions in particular continue to gain momentum and the book provides a wide-reaching and up-to-date overview of the industry. The book introduces readers to the concepts and formal models of analysis in the oil and gas sector and will serve as a useful resource for students, scholars and researchers in operations, marketing, procurement and supply chain management, project management, health and safety management, environmental economics, natural resource economics, development finance, and development studies. Researchers and practitioners working in these areas will also find the book a useful reference material.

Author : Simplice Asongu
Publisher :
Page : pages
File Size : 50,9 MB
Release : 2022
Category :
ISBN :

GET BOOK

This chapter surveys the literature on the political-economy of oil and gas governance by focusing on the exploration, production and revenue sharing in the hydrocarbon sector. Emphasis is placed on the extent to which oil and gas governance is shaped by geopolitics and interpartyparty politics. We argue that the interests and ideas relative to the power of key stakeholders, such as political actors, multinational companies, the citizens and the state are relevant to the understanding of the form and shape of the emergence and performance of the institutions governing the oil and gas sectors of emerging and developing countries.

Author : Silvana Tordo
Publisher : World Bank Publications
Page : 198 pages
File Size : 42,5 MB
Release : 2013-07-22
Category : Business & Economics
ISBN : 0821399314

GET BOOK

A number of countries have recently discovered and are developing oil and gas reserves. Policy makers in such countries are anxious to obtain the greatest benefits for their economies from the extraction of these exhaustible resources by designing appropriate policies to achieve desired goals. One important theme of such policies is the so-called local content created by the sector—the extent to which the output of the extractive industry sector generates further benefits to the economy beyond the direct contribution of its value-added, through its links to other sectors. While local content policies have the potential to stimulate broad-based economic development, their application in petroleum-rich countries has achieved mixed results. This paper describes the policies and practices meant to foster the development of economic linkages from the petroleum sector, as adopted by a number of petroleum-producing countries both in and outside the Organisation for Economic Co-operation and Development. Examples of policy objectives, implementation tools, and reporting metrics are provided to derive lessons of wider applicability. The paper presents various conclusions for policy makers about the design of local content policies.

Author : Khazal Abdullah Auzer
Publisher :
Page : 182 pages
File Size : 14,93 MB
Release : 2017
Category : Petroleum industry and trade
ISBN : 9789811045196

GET BOOK

This book presents a 'critical reappraisal' of the resource curse thesis and extends the analysis to consider political and social dimensions, and thus, the importance of structure in the petroleum sector's governance model. It examines major challenges surrounding the governance of petroleum resources, and the implications for the economic growth and development of hydrocarbon-abundant countries as a result of ineffective economic, political, and social mechanisms. The book subsequently investigates a range of causal factors that may promote or hinder the effective management of oil and gas resources in the Kurdistan Region, which also has implications for the security of the wider region and for global energy security. The book also seeks to arrive at lessons learned and policy guidelines to help inform other new petroleum-exporting countries and regions about how to best manage their newfound wealth.

Author : Theophilus Acheampong
Publisher : Springer Nature
Page : 661 pages
File Size : 48,58 MB
Release : 2022-05-03
Category : Business & Economics
ISBN : 3030830519

GET BOOK

This book explores Ghana’s newfound oil wealth and how the revenues it generates can be used to produce inclusive economic growth and development. Comparisons are made with neighboring countries, including Nigeria, Angola, and Equatorial Guinea, to highlight how petroleum resources can create jobs, increase research and development skills, and generate government revenue to invest in local services and infrastructure. The impact of global developments, such as the 2014-16 oil slump and innovation within the industry, are also covered. Petroleum Resource Management in Africa to provide policy suggestions and an operational framework for other petroleum producing countries. It will be of interest to academics and policymakers interested in resource and development economics.

Author : Royal Institute of International Affairs
Publisher :
Page : 36 pages
File Size : 35,43 MB
Release : 2013
Category : Energy industries
ISBN : 9781862032934

GET BOOK

The aim of these Guidelines is to promote effective decisions about the structure and rules of the petroleum sector in a context of low institutional and sector capacity. They offer recommendations for emerging producers, drawn from a workshop that brought together new and established producers, as well as technical advisory groups active in these countries. The recommendations address the following issues: How do emerging producers attract established companies to a frontier area? What type of licensing and contracts is most appropriate in these cases? Emerging producers face the challenge of winning the trust of the public, especially in post- conflict situations and where corruption has been endemic. And once discoveries have been made, it can be difficult to moderate public expectations. Public consultations and education are keys to addressing this issue. Emerging producers want to maximize local content and benefits to the broader economy, but they have to set realistic local content targets when domestic industrial or human capacity is low. In emerging oil hotspots, there is a growing interest in promoting national participation, largely through stakes for countries' NOCs. From Ghana to Timor-Leste, many new or prospective oil producers are establishing or reforming NOCs. The key questions that emerge in this context are: 1) whether and when it is appropriate to create an NOC; and 2) what role the NOC (and other governing bodies) should have. In other words, can the state afford to build up an NOC that's an operator? Does it have the capacity to build up an independent regulator? Producers at an early stage of development of their resource base can start with one credible body that is responsible for all administrative and regulatory functions. Over time, governments will need to build up capacity elsewhere and introduce checks and balances into the system.