Friday, October 18, 2024
23.2 C
Lagos

Kyari Seeks Adaptation to Changing Energy Landscape, Diversified Portfolio

NNPC Limited’s Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan (2nd from left, front row), NAPE leaders, and some participants at the opening ceremony of the 41st NAPE Conference in Lagos.

The GCEO, NNPC Limited, 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 gave this charge while delivering an Industry address at the opening ceremony of the 41st Nigerian Association of Petroleum Explorationists (NAPE) Conference taking place in Lagos.

The GCEO, who was represented by NNPC Limited’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 emphasised 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.

Reiterating NNPC Limited’s commitment, Kyari emphasized the company’s dedication to embracing exploration, developing renewables, fostering innovation, adopting emerging technologies, and implementing portfolio management as key drivers of success in the evolving energy landscape.  He expressed optimism that the NAPE Conference would yield solutions and positively impact the nation’s economic landscape.

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.

 

spot_img
spot_img
spot_img

Hot this week

SMILE Communication Appoints Mann El Amine as New GMD

Smile Communication, a pan African Telecommunications group with firm...

Polaris Bank Partners NCF to Extend Tree Planting Initiative to Abuja, Anambra

Polaris Bank, in a robust display of its commitment...

NAICOM CEO: $1tn Economy Possible with Insurance Industry’s Soundness, Stability

The Commissioner for Insurance and Chief Executive of National...

Moniepoint to Empower Women, PLWDs with Financial Literacy, Cyber Hygiene Initiative

In a move designed to enhance financial literacy and...

Humanitarian Crises: Why Nigeria Needs Collective Response – UN Rep, Fall

Mohamed M. M. Fall UN Resident and Humanitarian Co-ordinator...

Topics

Women as Key Pillars for Nutritional Progress

By Reginald Onabu Life is about balance. There is no...

NPA, FRSC Partner on Port Safety Model

The Managing Director of Nigerian Ports Authority (NPA), Hadiza...

Allianz, Sanlam Joint Venture Targets 29 Markets in Africa

Mr. Amine Benabbou Head of Business Division, Africa and Middle...

Insurance Meets Tech 2024: Pre-Event Registration Opens September 2, 2024

Insurance Meets Tech (IMT) 2024, one of West Africa's...

ICT Industry to Reduce Gas Emissions by 45% in 2030

​​​​​​​​​ A new ITU standard highlights that compliance with the...

Hero Lager Beer Wears a New Cork on Knighthood

Hero, a premium lager on the stable of International...

‘Recapitalisation will Strengthen Banks in Nigeria’

  The International Monetary Fund (IMF) says recapitalisation will strengthen...
spot_img

Related Articles

Popular Categories

spot_imgspot_img