The Library
Strategic alliances in the Nigerian oil and gas industry : implications for local capacity development
Tools
Thomas, Olukayode (2021) Strategic alliances in the Nigerian oil and gas industry : implications for local capacity development. DBA thesis, University of Warwick.
|
PDF
WRAP_Theses_Thomas_O_2021.pdf - Submitted Version - Requires a PDF viewer. Download (1386Kb) | Preview |
Official URL: http://webcat.warwick.ac.uk/record=b3763691~S15
Abstract
Strategic alliances between firms have become a key strategic consideration. Alliances are the pooling of specific resources and skills by the cooperating organizations in order to achieve common goals, as well as goals specific to the individual partners. The Nigerian oil industry has largely been dominated by foreign firms, with local companies only beginning to become more prominent in light of renewed emphasis on local content development. Still, capacity development in the industry is not progressing at the required pace. The purpose of this research is to understand why progress has been at a slow pace post-regulation and put forward solutions that can bridge the gaps or address the challenges.
This study examines how strategic alliances in the upstream service sector of the Nigerian oil and gas industry can aid the actualisation of local capacity development. It discusses the strategic alliance formation process, motives, classification, risks, and success criteria. The study examines the state of alliances and capacity development in the Nigerian oil and gas industry before and after the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act in 2010. Participants were drawn from existing service companies with experience in alliances, as well as the regulator.
The study argues that access to resources, learning and knowledge/technology transfer should be the motive for strategic alliances in the industry. Critical success factors for local capacity development are outlined to include the promotion and formation of equity alliances, enforcement of regulation, transparency, access to funding, shorter tendering cycle, trust, and attractiveness of local companies to foreign firms for partnership purposes.
This study contributes to theory and practice via a set of proposed solutions for the regulator and practitioners, and applicability to other settings. These contributions bring to light a specific type of alliance (equity alliance) that can lead to capacity development in a less institutionalized setting like the Nigerian oil and gas industry, whilst shedding more light on the role that regulators and local companies need to play in the alliance formation process. The contributions also show how corporate political activity could be relevant to the strategic alliance formation process by influencing the desired changes to current regulation as well as the enactment and enforcement of the right policies.
Item Type: | Thesis (DBA) | ||||
---|---|---|---|---|---|
Subjects: | H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor |
||||
Library of Congress Subject Headings (LCSH): | Gas industry -- Nigeria, Petroleum industry and trade -- Nigeria, Oil industries -- Nigeria, Strategic alliances (Business), Nigeria -- Economic conditions -- 21st century | ||||
Official Date: | August 2021 | ||||
Dates: |
|
||||
Institution: | University of Warwick | ||||
Theses Department: | Warwick Business School | ||||
Thesis Type: | DBA | ||||
Publication Status: | Unpublished | ||||
Supervisor(s)/Advisor: | Ozcan, Pinar | ||||
Extent: | 162 leaves | ||||
Language: | eng |
Request changes or add full text files to a record
Repository staff actions (login required)
View Item |