Lucas, Alastair RichardGichuyia, Monah Kathomi2016-04-182016-04-1820162016http://hdl.handle.net/11023/2895Kenya’s discovery of oil and gas resources in 2012 has flung the upstream petroleum sector into the limelight. The state owned National Oil Corporation of Kenya (NOCK), whose mandate includes operating in the upstream sector, is expected to play a significant role in supporting government’s efforts to develop the upstream petroleum sector and in extension impacting Kenya’s overall economic development. This thesis looks into NOCK’s governance. It compares its governance with that of Statoil – Norway’s National Oil Company. Statoil has significantly contributed to Norway’s petroleum resource development and economic welfare. This thesis therefore makes proposals for legislative review in order to incorporate good governance principles in statutes that regulate NOCK. It is expected that by so doing, NOCK will have a better chance of succeeding in its role as government’s agent for developing the upstream petroleum sector; in a manner that supports the country’s overall economic development.engUniversity of Calgary graduate students retain copyright ownership and moral rights for their thesis. You may use this material in any way that is permitted by the Copyright Act or through licensing that has been assigned to the document. For uses that are not allowable under copyright legislation or licensing, you are required to seek permission.LawNationalOilCompanyCorporationKenyamaster thesis10.11575/PRISM/26697