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NAPE to leverage confab for new exploration technologies, energy transition

By Femi Adekoya
11 November 2022   |   3:47 am
The Nigerian Association of Petroleum Explorationists (NAPE) has stated that its 40th yearly International Conference and Exhibition (AICE) scheduled to hold from November 13 to 17 2022 would seek ways to address the challenges of global energy transition...

An oil rig. PHOTO: FEMI ADEBESIN-KUTI

The Nigerian Association of Petroleum Explorationists (NAPE) has stated that its 40th yearly International Conference and Exhibition (AICE) scheduled to hold from November 13 to 17 2022 would seek ways to address the challenges of global energy transition, evolving regulations and geo-environmental strategies in the nation’s energy transition era.

The president, NAPE, Dr. James Edet, at the NAPE media workshop, said the conference would also beam its searchlight on new technology application in exploration and production activities, geo-science training in the new energy mix, and adapting in a changing world.

According to him, the rising need for transition towards more sustainable energy sources, energy poverty and global geopolitics requires strategic reappraisal of the energy industry in Nigeria.

He added that the nation has an energy transition plan to get the country to net zero greenhouse gas emission by 2060, but stated that there are many factors that need to be considered and appropriately addressed in the nation’s shift to its sustainable energy future.

He pointed out that the reality of climate change is facing Nigeria with desertification in the north and flooding in the south and some parts of the north.

“This change calls for a crucial need to significantly reduce carbon emissions while ensuring available and affordable electricity,” he said. He noted that with the Petroleum Industry Act (PIA) in place and the Climate Change Act signed into law, the oil and gas industry has a role to play towards the successful implementation of these regulations and ambitious plans.

He stated that globally, significant consumers of the hydrocarbon industry are undergoing a massive technological shift towards low or zero carbon energy usage like electric vehicles, stressing that the ongoing war, global politics, in-country insecurity challenges and asset divestment have exacerbated the impact of energy supply shortage and altered the energy landscape.

“Furthermore, there are other contenting and increasingly relevant issues such as: energy security; the dynamics of gas development, commercialisation and monetisation; development of Nigeria’s under explored gas rich cretaceous basins; and how Nigeria will adapt her policies and diversify her energy portfolio in the energy transition era so as to achieve sustainable growth for her economy,” he said.

He stated that the the conference, tagged, “Global Energy Transition & the Future of the Oil and Gas Industry: Evolving Regulations, Emerging Concepts and Opportunities” will host speakers, who are high level industry practitioners, key personnel in government and the academia, delivering technical papers on seven sub-themes.

The NAPE boss said the exhibition will showcase the latest technologies, products, services and competencies from major IOCs and Indigenous operators in the upstream sector of Nigeria’s oil and gas industry.

“There will be a dedicated pavilion for banks/financial institutions/universities/other professional associations. It will also feature an industry award/recognition night which he said is the biggest social event of the conference and will recognize individuals, institutions and corporate entities that have advanced the learning and practice of the geosciences in Nigeria and globally”.

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