Oil and Gas Entrepreneurship Project

At the end of this course, the students should be able to: 1. explain the basics of entrepreneurship and how to start one’s business; 2. describe the opportunities in the oil and gas industry; 3. leverage on the Nigerian Content Act; 4. develop a team project to exploit opportunities in the oil and gas industry; and 5. analyse the challenges in the oil and gas from case histories.

Understanding the Nigerian and global business environment. Doing business in Africa, engineering and AfCFTA. Overview of Entrepreneurship: origins, definitions, entrepreneurship and technopreneurship. Steps for successful entrepreneurship start-up; Nigerian content opportunities; business registrations. Sources of funding. Gains and pains of business growth. Joint ventures and special purpose vehicles in PPPs. Business development – business information, promotion, marketing tools and strategies, basic personnel management, client recruitment and management. Business proposals and plans. Profiles of business ventures in the oil and gas industry. Business/enterprise commercialisation and digitisation, FINTECHs, TECH hubs, etc. Financial management and business sustainability. Entrepreneurship team projects (well testing, reservoir management, mud-logging, core analysis, PVT analysis, environmental laboratory, pipeline.). Guest presentations.