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Risk Mitigation Using Joint Venture Agreement in the Upstream Petroleum Industry

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Risk Mitigation Using Joint Venture Agreement in the Upstream Petroleum Industry
RISK MITIGATION USING VENTURE AGREEMENTS IN THE UPSTREAM INDUSTRY
(A CASE STUDY AND MODELLING APPROACH)

BY

SODE ADESOJI O. (51124473)

AUGUST 2012

A Dissertation Presented In Partial Fulfillment Of The Requirements For The Degree Of
MSc. International Business Energy And Petroleum
At
The University Of Aberdeen

DECLARATION
I declare that this thesis has been composed by myself, that it has not been accepted in any previous application for a degree, that the work of which it is a record has been done by myself, and that all quotations have been distinguished appropriately and the source of information specifically acknowledged.

Signed: ………………………………………………………..

Name: ………………………………………………………..

Date: …………………………………………………………

ACKNOWLEDGEMENT
While this thesis is entirely my own work, many others have contributed to it and shaped the end result in their own unique and special way and I would like to take this opportunity to appreciate them.
Ultimate thanks to God Almighty for the wisdom and knowledge he has bestowed upon me and my Pastor Dapo Olanrewaju of the Redeemed Christian Church of God Aberdeen for spiritual guidance throughout.
Appreciation goes to my sponsors, the Petroleum Trust Development Fund (PTDF) of the Nigerian Government for this profound opportunity and a chance to participate in the ever booming Nigerian Oil and Gas Industry.
To my lecturers and tutors especially Professor Euan Phimister and my esteemed supervisor Professor Alexander Kemp, for the professional advice throughout my dissertation and for lending his wealth of experience from which I gained tremendous knowledge and a structured approach to complete this dissertation.
To the University system for making available a world class library with all the relevant literatures from which I was able to improve on my existing knowledge.
Appreciation to my Family, My Mother, Mojisola Ogundipe, my expectant Wife, Adeola Sode, our baby girl, Iyinoluwa Sode and

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