The upstream petroleum industry and local industrial development. A comparative study

The report analyzes local industrial development related to the upstream petroleum sector in six selected oil-exporting countries. It focuses on local content in the supply and services industry, and how policies to enhance local content may contribute to economic growth. The report also addresses indirect effects on industrial development at large where such effects can be identified, for example through government investment of the oil revenue in national industries. The selected case studies are Brazil, Indonesia, Malaysia, Mexico, Nigeria and Norway. The objective of the study is to draw lessons for Nigeria from the other countries' experience and Nigeria's own past experience.