REPOSITIONING CUTTING-EDGE RESEARCH IN THE OIL AND GAS INDUSTRY: EXPERIENCE ON PRACTICAL COLLABORATIVE MANAGEMENT MODEL IN NIGERIA

Abstract

ABSTRACT: The place of cutting-edge research for both national and industrial growth had been analyzed using descriptive statistical methods from field data of selected research projects in fifteen years. The hands-on practical experience adopted both modern strategic management administration and technology in the formulation, implementation, evaluation and deployment of research products for the use of the industry. Thirty different research projects were analyzed based on scope, industry relevance, expected outcome and value addition and commercial value to the nation and the oil and gas industry over a period of ten years. Critical performance indicators such as time of delivery, quality of products, cost and capacity building were examined to equate the initial research design with the actual end-product. Critical challenges of consistency in concept formulation and end-products, funding constraints, infrastructural and equipment deficits, experienced technical personnel to use available laboratory equipment, industry buy-in and effective policy for actual enforcement of the use of research products in the industry were important issues for success rating. It was noted that the single stream approach could not give satisfactory results compared to the collaborative model approach among the samples identified and selected for analysis. Overall performance was recorded in the cross-border and commissioned research model for speed and accuracy of completion while, the grant and endowment researches were at top with capacity building and infrastructural development at institutional levels. This paper, therefore is useful for policy formulation, research design conceptualization and decision making in the oil and gas industry.