Risk management in Tullow Oil Company in Uganda:
Loading...
Files
Date
2014-11
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, School of Law
Abstract
The major purpose of the study was examining risk management in the Oil and gas
companies facing a myriad of risks in today's global marketplace especially in Uganda
using Tullow oil as a case. The risks range from volatile commodity price~ which are
less linked to basic supply and demand but more to global socio-economic factors, to
increased health, safety and environmental pressures. These are just few examples of
the serious risks and threats that can impact oil and gas companies. Technology can
help mitigate these risks. Despite the negative impacts that can arise from new-found
oil wealth in developing countries like Uganda, the resource curse is by no means
inevitable. A number of countries - including Botswana and Norway- have managed to
avoid the problem. Combating the resource curse and minimizing conflict risks
associated with oil is an important part of international development agendas and there
are numerous institutions and resources for governments to tum to for advice on how
to do just this. Efforts have also been made to promote higher levels of oil company
performance in understanding and mitigating the impacts of their own operations and
investments on conflict dynamics.
Description
A Thesis Presented to the School of Postgraduate Studies and Research Kampala International University Kampala, Uganda in Partial Fulfillment of the Requirements for the Degree Masters of laws
Keywords
Risk management, Tullow Oil Company, Uganda