Book Description

This book offers a general introduction to non-technical aspect of oil and gas management. To some people, the book deals with almost all aspects of the oil and gas resource management, including legal, finance, investment, history, taxation, revenue management, and market developments. This book is written primarily to help oil and gas management students understand the subject matter broadly. The book is also helpful to policymakers, petroleum economists, policy analysts, and individuals to have basic understanding of the major issues relevant to the oil and gas sector. Topics such as petroleum subsidy, local content, stabilization agreements, oil revenue collateralization, and investment of the Ghana Petroleum Funds are discussed from a non-technical perspective. The Dutch disease and natural resource curse, the governance pillars in oil and gas revenue management, and the Hubbert curve are also covered with clear explanations. The discussion on the Seven Sisters in oil and gas market development forms the historical dimension to the global oil and gas market.