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Towards Assessing The Viability Of Petroleum Exploration And Production Research Cooperation; The Ca

Research Cooperation, Exploration,Education,Model

This Paper started by establishing the need for research as an integral and very important aspect for a successful petroleum exploration campaign. Thus, two research institutions were identified for a proposed joint research collaboration with a view towards the effective exploration of Nigeria’s Inland basins. The findings of this collaboration will serve as an agency upon which any potential investor operating in the region can leverage. We further developed a numerical model that can be used by the collaborating institutions to validate the viability of their relationship and enhance capacity. The developed model was built based on five different constructs and twenty seven measurement variables which morphed into a set of equations that can be applied to simulate the collaboration process. The proposed co-operating partners (FUT—CUG), were identified from literature to be of best fit for a mutually benefitting research program that will yield a tangible result, thus opening the gate for investors.