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KPMG Professional Services Nigeria’s Oil and Gas Industry ...

kpmg NIGERIAN igeria s Oil and Gas Industry BriefKPMG Professional ServicesJUNE 2014 2014 kpmg Advisory Services , a partnership registered in nigeria , and a member of the kpmg network of independent member firms affliated with kpmg International Cooperative ( kpmg International ), a swiss entity. All rights reserved. Printed in NigeriaCONTENTS1. Overview of the Nigerian Oil and Gas Industry Upstream sector Types of Arrangements in Upstream Sector Award of Oil and Gas Exploration Licences Downstream sector Oil Services Sector

Gas Industry Content Development (NOGIC) Act (The Act) in 2010. The Act seeks to promote the use of Nigerian companies/resources in the award of oil licences, contracts and projects. In terms of structure, the industry is broadly divided into: • Upstream sector,

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