The Environmental Accounting: Experiences From Overseas and Solutions for Marginal Field Operators in Nigeria

2021 ◽  
Author(s):  
Humphrey Otombosoba Oruwari
Keyword(s):  
Environmental Performance ◽  
Niger Delta ◽  
Environmental Issues ◽  
Environmental Accounting ◽  
Oil Field ◽  
Delta Region ◽  
Niger Delta Region ◽  
Key Points ◽  
Marginal Field

Abstract Marginal oil field operators have been bedeviled by several challenges since its inception, among which are financial, technological, socio-political, ecological and environmental issues. The study examined how marginal oil field operating in Niger Delta region of Nigeria could integrate and incorporate environmental accounting for managing the environmental performance of their businesses efficiently. Using literature review and case study, the study revealed that at present, environmental accounting is gradually being implemented worldwide. It is the duty of companies to apply environmental accounting to the lives of individuals. The study summarizes some key points regarding environmental accounting, the introduction of environmental accounting in some countries around the world and demonstrates some challenges in our country's application of environmental accounting to provide some solutions to boost the application of environmental accounting to marginal oil field operators in Niger Delta. The study recommends that environmental accounting will enhance the operations of marginal oil field in Niger Delta region.

Management of Nigerian Marginal Oil Fields for Economic Sustainability in Niger Delta Region

2021 ◽  
Author(s):  
Humphrey Otombosoba Oruwari
Keyword(s):  
Natural Gas ◽  
Niger Delta ◽  
Oil Field ◽  
Delta Region ◽  
Field Development ◽  
Niger Delta Region ◽  
Oil Field Development ◽  
The People ◽  
Multiple Case ◽  
Marginal Field

Abstract The objective of the study was to examine the assertion that marginal oil field development remains one of the economic fortunes of Niger Delta region in Nigeria. This is evident with its shares in the region power output as well as its contribution to the industrialization. Multiple case studies of marginal oil field operations corroborate the relationship between marginal field development and economic fortunes of Niger Delta region. Marginal field firms provide electricity to the host communities where they operate. Also, industries are fed with natural gas from marginal field operating in the region. The marginal field operators ensures that host communities are getting electricity. Also cement factory is fed from natural gas operating in the area. However, the management of marginal field resources has been far from being optimally beneficial. The real issue is how to manage the marginal field for the welfare of the people. Against this background, the study findings suggested that the country marginal field wealth be used to implement people-oriented programmes for better welfare spread.

Innovativeness of Marginal Field Operators in Niger Delta Region

2021 ◽  
Author(s):  
Humphrey Otombosoba Oruwari
Keyword(s):  
Niger Delta ◽  
Success Factors ◽  
Oil And Gas ◽  
Oil Field ◽  
Wealth Creation ◽  
Delta Region ◽  
Basic Premise ◽  
Field Development ◽  
Niger Delta Region ◽  
Marginal Field

Abstract Extant literature strongly suggest that marginal oil field operators are vital to economic growth and social development. The conjecture is that marginal field operators need to be nimble and innovative in order to survive, and this form the basic premise for this study. The objective of the study is to investigate the role of innovation as one of the success factors formarginal oil field development in Niger Delta region. The study methodology involved literature review and multiple level case study of operating marginal fields which demonstrated that innovation can bring about efficiency and cost reduction. The innovation facilitates the utilization of competitiveness and cluster system to transform the marginal field development to wealth creation. The study among other recommends that the Niger Delta region should be given urgent attention for the development of comprehensive infrastructure in order to transform the marginal field development into competitive oil and gas business.

STRATEGIES FOR MANAGING OIL SPILL RELATED CONFLICTS IN THE NIGER DELTA: A CASE STUDY OF BAYELSA STATE

2021 ◽  
Vol 8 (4) ◽  
pp. 465-483
Author(s):  
Ndidiamaka Chijioke ◽  
Susan Audu-Bako ◽  
Ikechukwu Uwakwe
Keyword(s):  
Crude Oil ◽  
Oil Spill ◽  
Niger Delta ◽  
Local Governments ◽  
Oil Exploration ◽  
Delta Region ◽  
Oil Companies ◽  
Niger Delta Region ◽  
Exploration Activity

The discovery of crude oil in Oloibiri-a town in the present Bayelsa state, Niger-Delta region of Nigeria) in 1956 and the subsequent exploration activities have over the years impacted tremendously not only on the ecosystem and livelihood pattern of the Niger Delta but on the pattern of conflicts that has trended.. While resources accruable to Nigeria from sale of crude oil are shared by all, the impacts of oil spill an offshoot of crude oil exploration activities are borne solely by the Niger Delta region. Oil spill appears to have found a permanent abode in Bayelsa state; from Southern Ijaw to Sagbama local governments, Olodiama to Azuzuama communities. Local communities are faced with the problem of continuous oil spill. This in turn has brought about conflicts between oil bearing communities and oil companies. These conflicts in some instances led to shut down of operations of oil companies, vandalism, and reduction of Nigeria’s crude export. In view of the illustrated background, this study examined the strategies for management of oil spill related conflicts in Bayelsa state regarding that oil spill is a key impact of crude oil exploration activity. Findings revealed that the strategies deployed in the management of oil spill in the state can be categorised into three: community strategies, regulators and non-governmental organisations strategies.

Mangrove Restoration and Conservation as a Carbon Offset Option: A Case Study in the Niger Delta Region

2021 ◽  
Author(s):  
Gustavo Calderucio Duque Estrada ◽  
Jason Sali ◽  
Patrizio Piras ◽  
Norbert Jallais ◽  
Uchechukwu Amaechi ◽  
...  
Keyword(s):  
Soil Contamination ◽  
Niger Delta ◽  
Carbon Stock ◽  
Ghg Emissions ◽  
Local Communities ◽  
Residual Soil ◽  
Delta Region ◽  
Niger Delta Region ◽  
Carbon Offset

Abstract Despite their limited global distribution, mangroves have gained attention as a potential carbon offset option due to their high carbon storage capacity and diverse social and environmental co-benefits. Carbon stock in mangroves (global average=2,790tCO2eq/ha) is about four times higher than in terrestrial forests and contributes to almost 10% (37GtCO2eq) of global terrestrial carbon pool. Mangrove carbon sequestration averages 6.9tCO2eq/ha/yr but may reach more than 20tCO2eq/ha/yr. Literature suggests that over 812,000ha of mangrove areas, spread over 106 countries/territories, show potential for restoration. Furthermore, globally, mangroves have been lost at a rate of 1-2%/yr, which may account for an annual emission of about 0.09-0.45 GtCO2eq/yr that can be potentially avoided through conservation actions. Mangroves within the Niger Delta Region (NDR) cover 800,000ha (6% of world extent), and contain an estimated carbon stock of 2.2GtCO2eq. In 2017, Eni's subsidiary Nigerian Agip Oil Company (NAOC) launched a voluntary initiative to restore mangroves to promote social and biodiversity benefits while also contributing to offsetting its GHG emissions. A 30-ha pilot restoration area was identified in Okoroma, Bayelsa, where mangroves had failed to naturally recover from oil spills caused by third party interference in 2014. Site assessments were carried out in 2018 and indicated residual soil contamination (hydrocarbons/metals) and low fertility, a typical characteristic of soils in the NDR. A restoration trial (n=90 seedlings) using nursery-reared seedlings resulted in 100% survivorship and high growth rates, confirming the feasibility of active restoration across the entire site. Although soil contamination was lower than when the spills occurred, we concluded that the combination of residual contamination, low soil fertility and site topography had restricted the natural regeneration process. This in turn risked further soil degradation and ultimately erosion and permanent habitat loss. To prevent this from happening, a long-term restoration program based on the transplantation of fertilized seedlings in partnership with local communities is proposed. In addition to the benefits to the local communities and the environmental restoration, this project is expected to allow for the sequestration of 2,970tCO2eq in 20 years and avoid the emission of an estimated 60,000tCO2eq from soil carbon, numbers that could be scaled up in the future to a much larger area. The results of this case study further confirm the possibility of using mangroves as a Natural Climate Solution to offset GHG emissions from O&G operations.

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