(VOICE OF NAIJA)- The GCEO, NNPC Ltd, Mele Kyari has charged stakeholders within the Nigerian oil and gas industry to adapt, evolve and lead in the ever-changing global energy landscape.
Kyari while delivering Industry address at the opening ceremony of the 41st Nigerian Association of Petroleum Explorationists (NAPE) Conference taking place in Lagos, on tuesday gave this charge.
The GCEO, who was represented by NNPC Ltd’s Executive Vice President, Upstream, Oritsemeyiwa Eyesan, underscored the pivotal role of oil and gas exploration in shaping the future of the oil industry and emphasized the need for dedication, expertise and pursuit of knowledge in the quest to unlock new frontiers and push technological and economic boundaries within the industry.
Confirming NNPC Ltd.’s dedication, Kyari highlighted the company’s commitment to exploring new ground, creating renewable energy, encouraging innovation, embracing emerging technology, and putting portfolio management into practice as critical success factors in the changing energy landscape. He was upbeat about the NAPE Conference’s potential to produce answers and improve the country’s economic climate.
While acknowledging the global shift towards renewable energy, the GCEO pointed out challenges such as intermittency, predictability, and reliability due to geological constraints.
He further highlighted the absence of a perfect energy source and advocated for a diversified energy portfolio that leverages innovation and technology to harness the strengths of different energy sources.
The NAPE Conference is an annual convergence of geologists and industry professionals engaged in oil and gas exploration and production. This year’s edition has as its theme “Repositioning the Oil & Gas Industry for Future Dynamics,” and seeks to advance the study and application of geosciences for the benefit of stakeholders.
Olufemi O. Soneye
Chief Corporate Communications Officer
NNPC Ltd.
Abuja
14 November 2023
