Technological Change and Organizational Structure as Determinants of Multinational Oil Firms' Performance in Nigeria

The study focuses on whether technological change and organizational structure are determinants of selected multinational oil firm in Delta State. The specific objectives of the study were to ascertain the effect of technological change and organizational structure on organizational performance. Cross sectional research design was used and the population of the study were made of 550 employees of Sterling Global Oil and Gas exploration company, Splat petroleum Development company (SPDC), and Chevron Nigeria Limited (CNL) in Delta State. Sample size was determined via Taro-Yamani formula. 232 staff of the selected multinational oil and gas firms were sampled. Data obtained were analyzed using descriptive statistics (frequency count, mean, and Pearson correlation), and inferential statistics (multiple regression). Findings revealed that technological change and organizational structure have significant effects on multinational oil firms’ performance. Hence, it was concluded that both technological change and organizational structure serve as determinants of multinational oil firms’ performance in Nigeria. From the foregoing, it is apparent that the yearning for change management initiatives can only be achieved by proper implementation and conscious effort by multinational oil firms particularly to adopt effective change management strategies and implements these strategies in line with environmental consciousness.