Revitalizing Nigeria's Brownfields: Strategies to Increase Oil Production and Improve Local Refining Capacity
Abstract:
Nigeria’s oil and gas sector, which is central to its economy, faces declining productivity due to the underutilization of brownfields—previously active oil sites that have become dormant or inefficient. This paper explores strategic approaches for revitalizing these brownfields to enhance national oil production and local refining capacity. Through a combination of site assessments, economic feasibility analysis using Net Present Value (NPV), and technological evaluations, the study establishes the viability of redeveloping ten selected brownfields across the Niger Delta. All sites demonstrated positive NPVs, indicating strong investment potential. Fields such as Forcados, Oredo, and Batan emerged as top priorities due to their high returns and existing infrastructure. Even historically significant or politically sensitive sites like Oloibiri and Ogoni showed promise for redevelopment when supported by robust environmental and regulatory frameworks. Applying Enhanced Oil Recovery (EOR) techniques, infrastructure upgrades, and community-inclusive policies is critical for successful implementation. Beyond economic gains, brownfield revitalization offers significant environmental and social benefits, including pollution remediation, job creation, and improved local livelihoods. This study provides a comprehensive framework to guide policymakers, investors, and stakeholders in transforming Nigeria’s brownfields into productive assets for sustainable national growth.
KeyWords:
Brownfields, Oil, Production, Refinery, Revitalization, Strategies
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