This book provides a thoroughly researched guide to the Nigerian Oil and Gas Industry, providing students, potential investors, academics and policy makers the opportunity to get acquainted with various dimensions of the oil and gas industry.

This book explores how Ghana has managed its newfound oil wealth and utilised the revenues to drive inclusive economic growth and development after ten years of oil and gas extraction. This is particularly poignant given that some of Ghana's neighbours and peers that have been producing oil and gas for several decades continue to suffer from the 'resource curse' or 'paradox of plenty syndrome'. Topics covered in the book include upstream licensing and contracting, regulatory regimes and institutional capacity, fiscal regimes, maritime border delimitation, and national oil company operations. Others include social inequities and injustice of Ghana's oil and gas, fiscal policy and revenue administration, local content, developing gas markets, and the potential impact of the energy transition. The book is a compilation of leading work on petroleum resource management practices in an emerging petroleum-producing country context. Petroleum Resource Management in Africa provides policymakers, industry and academia with a comprehensive distillation and synthesis of the operational context and the lessons learned from ten years of oil and gas in Ghana. At the same time, the findings in this book are articulated into a comprehensive series of core recommendations that serve as an international reference on Africa's upstream oil and gas industry. It will be of interest to anyone interested in resource and development economics. Theophilus Acheampong is Associate Lecturer and Honorary Research Fellow at the Aberdeen Centre for Research in Energy Economics and Finance (ACREEF), The University of Aberdeen, and also an Associate Lecturer at the Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP), The University of Dundee. He is also co-Founder of the iRIS Research Consortium, and a non-resident Senior Fellow at Ghanaian Think Tank IMANI Centre for Policy and Education, all based in Accra, Ghana. Thomas Kojo Stephens is a Senior Partner at Stobe Law in Accra, Ghana, and the Head of the Transactional, Oil and Gas Practice, as well as the Consultancy Group of the firm. He is an Advisory Board Member of the International Energy Law Advisory Group (IELAG), a Principal Trainer at the International Energy Law Training and Research Company (IELTRC), and a former Vice-Chairman of Ghana's Public Interest and Accountability Committee (PIAC), a statutory body with oversight over the use of Ghana's petroleum revenue. He is also a Senior Lecturer at the University of Ghana School of Law.

This text presents a comprehensive analysis of the oil and gas resources in Africa. It uniquely highlights, through country examples, and with an African focus but a global perspective, the specific challenges and constraints facing the continent as a whole in the exploitation and utilization of its oil and gas resources.

Examining local content law and policy in the oil and gas industry, this book uses Nigeria as a primary case study, comparing its approach to countries such as Brazil and Norway which have also adopted local content laws in relation to their gas and oil industries. In considering various aspects of local content law and policy as they apply to the oil and gas industry, the book examines the factors behind the formulation of local content policies by petroleum producing states, and the various strategies they have employed to implement them. It analyses arguments against local content requirements from the perspective of international trade and investment law, and from liberal market economic theorists, who argue against its overall usefulness. The book highlights salient aspects of the oil and gas industry such as regulation, national oil companies, treatment of minorities, and policy formulation and implementation.

Big Barrels takes aim at the perception that in Africa oil and gas can do no good. For decades, resource wealth in Sub-Saharan Africa has been synonymous with corruption and dysfunction. The reality is far more complex and generally more encouraging. In a series of eight case studies Big Barrels looks at what African nations are doing right. Employment and enterprise in Nigeria, good governance in Ghana, economic development in Tanzania, environmental stewardship in Gabon, and more - these are all elements of success in African nations' petroleum industries today. The positive trends in Africa's energy business, as well as its challenges, are presented here. Big Barrels lays out the facts on how oil and gas can be a force for good on the Mother Continent.

Multidisciplinary perspectives to governance of oil in African countries Large quantities of oil were discovered in the Albertine Rift Valley in Western Uganda in 2006. The sound management of these oil resources and revenues is undoubtedly one of the key public policy challenges for Uganda as it is for other African countries with large oil and/or gas endowments. With oil expected to start flowing in 2021, the current book analyses how this East African country is preparing for the challenge of effectively, efficiently, and transparently managing its oil sector and resources. Adopting a multidisciplinary, comprehensive, and comparative approach, the book identifies a broad scope of issues that need to be addressed in order for Uganda to realise the full potential of its oil wealth for national economic transformation. Predominantly grounded in local scholarship and including chapters drawing on the experiences of Nigeria, Ghana, and Kenya, the book blazes a trail on governance of African oil in an era of emerging producers. Oil Wealth and Development in Uganda and Beyond will be of great interest to social scientists and economic and social policy makers in oil-producing countries. It is suitable for course adoption across such disciplines as International/Global Affairs, Political Economy, Geography, Environmental Studies, Economics, Energy Studies, Development, Politics, Peace, Security and African Studies. Contributors: Badru Bukenya (Makerere University), Moses Isabirye (Busitema University), Wilson Bahati Kazi (Uganda Revenue Authority), Corti Paul Lakuma (Economic Policy Research Centre), Joseph Mawejje (Economic Policy Research Centre), Pamela Mbabazi (Uganda National Planning Authority), Martin Muhangi (independent researcher), Roberts Muriisa (Mbarara University of Science and Technology), Chris Byaruhanga Musiime (independent researcher), Germano Mwabu (University of Nairobi), Jackson A. Mwakali (Makerere University), Tom Owang (Mbarara University of Science and Technology), Joseph Oloka-Onyango (Makerere University), Peter Quartey (University of Ghana), Peter Wandera (Transparency International Uganda), Kathleen Brophy (Transparency International Uganda), Jaqueline Nakaiza (independent researcher), Babra Beyeza (independent researcher), Jackson Byaruhanga (Bank of Uganda), Emmanuel Abbey (University of Ghana).

Wall Street Journal Best Selling Book "I agree with the points made--and with Ayuk's case for the critical role that OPEC will play in helping African oil products achieve a much-deserved voice in the petroleum industry." --OPEC Secretary-General, H.E. Mohammad Sanusi Barkindo Two decades of negotiating African oil and gas deals have given NJ Ayuk a grasp of the continent's energy landscape that few can match. The American-educated, African energy lawyer serves up generous doses of that insight in his second book, Billions at Play: The Future of Africa Energy and Doing Deals. Serving as a road map for the continent to do a better job of using its vast energy resources to improve its peoples' lives, Ayuk addresses how African countries can use their energy industries as springboards for diversifying and growing their overall economies. In addition, Ayuk shows how African governments and local companies can negotiate better deals with international energy companies and how the continent's countries can use marginal oil and gas fields to develop domestic energy industries that, once strong, will compete globally. Questions posed and answered: Why Africa's fledgling natural gas resources can allow the continent to emerge as a key global player in the industry What changes African countries can make in order to become attractive investment destinations The role that access to reliable, sustainable, and affordable power can play in the acceleration of economic growth Why and how American energy companies should stop curtailing their investments in Africa And why the continent's energy industry needs more women The book's underlying theme is that too often, natural resources create wealth for foreign investors and a select group of African elites while everyday people (and in turn, African economies) fail to benefit. While it is easy to see that there is a lack of local participation in African projects and an ongoing challenge in securing necessary investment, we also need to understand our role in this. We have to understand the importance of creating enabling environments with attractive fiscal terms for local and foreign investors, the role of stronger local content policies in ensuring more local participation in the sector, and the weight government and political uncertainty carries in moving projects forward. "It's up to Africans to fix Africa," writes Ayuk. This statement can be considered a living theme throughout the book as he encourages that local companies and governments have to enter into collaborative agreements rather than passive engagements with IOCs and majors. "[We need] investors who show that they want to fully participate with us, by coming in and building long-term sustainable businesses that last and make a profit, create jobs and further development." If you're ready to dive headfirst into accessing a frank analysis and examination of the African energy landscape and how Africans can begin to fix Africa, jump into the pages of Billions at Play.