JOURNAL OF MARKETING DEVELOPMENT AND COMPETITIVENESS
Petroleum Supply Chain Risk Analysis in a Multinational
Oil Firm in Nigeria
Author(s): Chris I. Enyinda, Charles Briggs, Emmanuel Obuah, Chris Mbah
Citation: Chris I. Enyinda, Charles Briggs, Emmanuel Obuah, Chris Mbah, (2011) "Petroleum Supply Chain Risk Analysis in a Multinational
Oil Firm in Nigeria" Vol. 5, Iss. 7, pp. 37 - 44
Article Type: Research paper
Publisher: North American Business Press
Abstract:
Risk and uncertainty are quintessential issues facing petroleum industry. Managing petroleum supply
chain risk represents one of the most daunting challenges confronting many of the multinational oil firms
(MOFs) in Nigeria. As a result, petroleum supply chain risk management is top on the agenda of C-level
executives of the MOFs. This paper leverages a decision support system to model risk management in the
upstream petroleum supply chain of an MOF. The AHP is a typical multi-criteria methodology used to
model risk management because it allows different types of risks to be assessed and evaluated.