International records / OpenAlex research

A Comparative Evaluation of Evolving Nigerian Petroleum Development Policies

ABSTRACT This paper examines how the desires of the Nigerian government as expressed in the Petroleum Development policies have acted as incentives or disincentives to further investment in oil field development in the face of uncertain economic environmental conditions and reserve sizes. An economic analysis package was used in evaluating past and present fiscal and contractual policies. The Net Present Values (NPV) of large, medium and small hypothetic fields were computed for the principal environments of oil exploitation (onshore and offshore) in the Niger Delta. This was done for various …