the minerals‚ often constitute the lion share of the nation ’s wealth. It is known that oil and gas sector is driving sector of any oil producing country’s economy; this is particularly true of the OPEC nations including Nigeria. The oil and gas Industry is divided into three major sectors namely the upstream‚ midstream and downstream. Nigeria has an abundance of oil and gas resources to justify subsidized and‚ in fact‚ low energy prices but unfortunately‚ current oil and gas production per capita
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Application of Capital Structure‚ Costs of Capital for Multiple Division firms Case Analysis: Pioneer Petroleum Corporation (PPC).1 Submitted by: Joseph Donato N. Pangilinan‚ FICD Date Presented: April 12‚ 2012 Introduction: This landmark case seeks to break the risk-reward trade off involved in calculating Capital Cost. The object of the solution must be to minimize project risks while maximizing project opportunities available. We want a rate and a rating system that does not unnecessarily
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Previous PageTable Of ContentsNext Page The Nigerian economy: Agriculture and the livestock sector For some years Nigeria has been seeking to achieve economic take-off by using her oil resources.1 The 1973�74 fourfold rise in oil prices enabled the Government to launch an ambitious investment programme.2 The principal aim of the Third Development Plan was to diversify the economy‚ which at that time was primarily based on oil and agriculture. Diversification was to be achieved by implementing
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offshore units and installations‚ and onshore industries worldwide‚ and carries out research in relation to these functions. DNV Offshore Codes consist of a three level hierarchy of documents: — Offshore Service Specifications. Provide principles and procedures of DNV classification‚ certification‚ verification and consultancy services. — Offshore Standards. Provide technical provisions and acceptance criteria for general use by the offshore industry as well as the technical basis for DNV offshore
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Nigerian Culture Today Globalization is something that has left not one place on this earth untouched. Everywhere‚ countries are constantly changing and adapting their cultures to become more industrialized and urbanized – more modern. Nigeria is one of those countries. Like most globalized countries‚ Nigeria has strayed far from the path of traditional culture‚ and adopted numerous new aspects of culture of a global nature. In Nigeria‚ though‚ globalization has occurred rather quickly.
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INDUSTRY RESEARCH: INDIAN PETROLEUM INDUSTRY ABHIJIT SAMANTA P/MN/R/09/167 2010 INTERNATIONAL SCHOOL OF BUSINESS & MEDIA; KOLKATA TABLE OF CONTENT TOPIC CHAPTER 1: INTRODUCTION 1.1 Introduction 1.2 Uniqueness of petroleum industry 1.3 No. of players 1.4 Market Share 1.5 Contribution to Indian Economy CHAPTER 2: INDUATRY DYNAMICS 2.1 Products and Services offered 2.1 Performance of petroleum and natural gas sector 2.2 Crude oil production 2.3 Natural gas production 2.4 Coal Bed Methane
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Financial Statement Analysis: Occidental Petroleum Corporation University of Texas of the Permian Basin I. Introduction a. Major issues/problems facing the firm b. Objective of paper c. Summary of findings II. Firm‚ Industry‚ and environment a. Description of the firm and its management Occidental Petroleum Corporation is a Delaware corporation. Its businesses consist of three segments: oil and gas‚ chemical‚ & midstream‚ marketing and other subsidiaries.
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OLUWADUNSIN P MATRIC NO: 100901091 DEPARTMENT: ECONOMICS COURSE: HISTORY OF ECONOMIC THOUGHT COURSE CODE: ECN 224 ASSIGNMENT: Write down 10 ways the Physiocrats ideology can help Nigeria to diversify their economy. INTRODUCTION For a proper analysis and knowledge of this problem‚ It would be imperative to explain the following terms * Physiocrats * Diversification PHYSIOCRATS Physiocracy is a school of thought founded by François Quesnay (1694-1774)‚ a court physician to King Louis the
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Introduction: Situation analysis involves evaluating the situation and trends in a particular industry or company’s market. We have to consider two things while situation analysis 1. Company’s external or macro-environment • Industry and competitive conditions 1. Company’s internal or micro-environment • Competencies‚ capabilities‚ resource strengths and weaknesses‚ and competitiveness. Industry and competitive analysis uses a tool kit of
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Revenue‚ Capex‚ Opex 3 Reserves 3 Sunk costs: 3 Opportunity Costs: 3 Royalty‚ Tax‚ Ring fencing 4 Types of Petroleum Fiscal Regimes 4 Net Cash Flow 4 Concessionary system vs. Production Sharing contracts 5 Going Internation – Bidding Process 5 Economic Modelling 6 Production Costs 7 Wildcat 7 What is the wild cat success ratio? And what are the considered factors? 7 Depreciation 8 Abandonment 8 Goodwill‚ Leases‚ Ringfencing 9 Volatility of Crude Oil 9 Volatility of Gas 10 Forecasting 10 Opportunity
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