Posted: June 30th, 2022

Developing Effective Oil and Gas Contracts: A case Study of Total E & P Nigeria LTD.

Developing Effective Oil and Gas Contracts: A case Study of Total E & P Nigeria LTD.

Supply Chain Management Factors and their Implication for Developing Effective Oil and Gas Contracts: A case Study of Total E & P Nigeria LTD.

With the definitions of the key concepts to be addressed in the entire research, supply chain managers can determine the challenges and all the issues that are encountered in this field. By answering the questions below, the researcher would be able to come up with the solutions and way forward to solve issues and problems related to supply chain. Therefore, this dissertation seeks to provide answers the following questions. What are the challenges in managing the supply chain contracts in the oil and gas industry? What key factors affect the development of an effective supply chain management contract in an oil and gas company? When is a supply chain contract effective? How these factors can be managed to produce a sound supply chain contract?

Aim and Objective

The aim of this work is to pinpoint and evaluate the impact of certain supply chain factors in the development of an effective supply chain contracts in the oil and gas industry. The key task confronting the oil and gas industry is utilizing her reserves and offering the end products to clients at the bare minimum cost possible. This research is formulated to understand, explain, and predict the phenomena within existing knowledge of supply chain contracts.

Specifically, The aim of this work is:

• To identify factors that affect the development of effective supply chain in an oil and gas company;

• To identify the impact of each of these factors – like offshoring, cost pressures, geographic clustering, modern communications, and dependence on multiple suppliers on supply chain management contract in an oil and gas company;

• To evaluate the extent of which these factors hinders/ facilitate the effectiveness of a supply chain contract in an oil and gas company;

• To forestall every possibility of developing a supply chain contract in an oil and gas company that is not goal oriented.

1 How long have you been working in Total E & P Nigeria Ltd supply chain management process?

2 Is the decision-making process is completely handled by the leadership about supply chain management processes at Total E & P Nigeria Ltd?

3 Is there any role of the ground level employees involved in the supply chain process of the company in making the decisions?

4 Is there any level of democracy while making decisions about the supply chain management process?

5 Has Total E & P Nigeria Ltd implemented any kind of feedback policy for the employees to provide feedback on various supply chain management practices of the company?

6 Is there any internal evaluation method or committee that verifies the applicability of current supply chain management practices?

7 How effective is the current organizational review method of the Total E & P Nigeria Ltd in assessing the effectiveness of supply chain management practices at Total E & P Nigeria Ltd?

8 What is the biggest challenge in front of the supply chain management processes at Total E & P Nigeria Ltd?

9 In your honest opinion, is the supply chain management techniques employed by Total E & P Nigeria Ltd are satisfactory or not?

10 What is the biggest field of improvement in the supply chain management practices at Total E & P Nigeria Ltd?

11. What is your recommendation about the existing supply chain management practices at Total E & P Nigeria Ltd?

12 Do you think the current supply chain management technique needs to be changed in order to become more relevant with present time needs?

13 What are the existing issues associated with the supply chain management practices at Total E & P Nigeria Ltd?

14 Are there any potential complications or threats that can arise from the existing supply chain management practices at Total E & P Nigeria Ltd?

15 What other departments are closely linked with the supply chain management practices at Total E & P Nigeria Ltd?

16 Do you believe that proper employee training can assist the supply chain management practices at Total E & P Nigeria Ltd to become significantly better?

17 Can the supply chain management and Contract practices at Total E & P Nigeria Ltd be treated as isolated entity in Total E & P Nigeria Ltd organizational structure for performance evaluation and improvement plans?

18 Are there any KPIs (key performance index) criteria set to evaluate the performance of Total E & P Nigeria Ltd supply chain processes?

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