Effect of Technology on Nationalization of the Oil Industry in South Sudan
DOI:
https://doi.org/10.47941/ijecop.2703Keywords:
Technology, Oil Industry, Nationalization, Capacity Strengthening, Transparency, Governance Types, Environmental ConcernsAbstract
Purpose: This paper looks at how technology helps in making nationalization policies work in different industries. Nationalization is when the government takes control of certain industries, like oil, mining, or transport. The study examines how digital platforms, big data, blockchain, and remote sensing tools assist in creating, sharing, and following these policies. While technology makes it easier, problems such as poor internet and low digital skills make it hard for some areas to benefit.
Methodology: The study utilizes a descriptive design to explain how technology supports nationalization. Participants in the study include government officials, industry personnel, and persons affected by the nationalization policies. The participants were carefully selected by the researchers to ensure they had experience with nationalization. The information was collected through interviews, surveys, and document reviews. Data collected were analyzed using numbers (statistics) and themes (main ideas) to identify trends of importance.
Results: From the research, it became evident that the industry would be aided significantly with the implementation of technology. More so, to be able to match the intricacies of lifting crude oil, it was pointed out that advanced tools and technology were of absolute necessity. Furthermore, the research suggested that the integration of state-of-the-art technologies would greatly help in lifting oil in South Sudan. As theorized, these technologies would provide significant value in improving core and overall efficiency.
Unique Contribution to Theory, Practice, and Policy: The e-governance platform helps in the dissemination of policies, big data enhances monitoring, and blockchain enhances transparency. However, all these are out of reach for many people due to poor internet access and skill deficits in using them. The study recommends investing in better internet, training workers, and making policies that ensure technology is used to the benefit of all in nationalized industries.
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Copyright (c) 2025 Kadugala J.M Aniceto, Dr. Joshua Matanda Wepukhulu
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