Energy
NCDMB Hosts R&D Roundtable, Gets Huge Backing from Industry Operators
Research and development efforts in the Nigerian oil and gas industry have been given a huge boost as key operators under the aegis of Petroleum Contractors Trade Section (PCTS) have offered to provide an array of support that would facilitate demand-driven and sustainable R&D solutions for the industry.
Chairman of PCTS, Mr. Tayo Akinkunmi spoke at the 2nd Nigerian oil and gas industry research and development roundtable convened last week in Abuja by the Nigerian Content Development and Monitoring Board (NCDMB).
He announced that the group, renowned as the custodians of technology in the oil and gas industry, would be willing to create a window for researchers and innovators to meet with subject matter experts, who would help them to better understand the oil and gas sector as well as define research problems and priorities, to guide their R&D efforts.
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He added that PCTS would also provide researchers with the acceptance criteria definition for R&D efforts, testing plans and validation methodologies, and access to testing and qualification facilities. Member companies of the PCTS include Baker Hughes, Schlumberger, Halliburton, Bristow, Julius Berger, NigerStar7, TechnipFMC and Tenaris.
The group’s chairman added that the companies would also be willing to provide advisory on go-to-market strategies and targeted funding.
Akinkunmi further harped on the importance of sustainable R&D, emphasizing that R&D needs to be viable to drive itself. He also stated that R&D leads to global dominance, provides a response to unpredictable and turbulent times, aside from the immediate economic reward.
The two-day event drew attendance from operating oil companies, international and indigenous service firms, senior academics, and researchers, including the five research centres of excellence (CoE) being established in universities by the NCDMB.
Some other key suggestions from participants included the imperative for synergy among agencies of government that promote research and development in the country.
The experts frowned against the duplication of efforts by agencies, including the establishment of research centres of excellence in several universities, without any alignment.
Discussions also centered around the need for collaboration among researchers, considering the interdisciplinary nature of R&D and the need for research proposals and reports seeking financial support to highlight their economic value, without being filled with technical details of the project.
Providing the background for the R&D roundtable, the Director, Planning, Research and Statistics (PRS), NCDMB, Mr. Patrick Daziba Obah explained that the event was organized to assess the level of the Board’s R&D activities, analyze current energy trends, and identify what could be done to improve the landscape.
He gave an insight into the discussions at the programme, noting that: “we looked at funding, how well we are doing, the challenges and steps we need to take to mitigate them. We also looked at infrastructural development, how that plays out in the R&D landscape.”
A key outcome of the roundtable, according to the Director was the need for researchers to develop competencies in writing viable R&D proposals.
He said: “the researcher should be able to sell his or her idea in such a manner that any evaluator would understand the basics of the research proposal.”
He affirmed the Board’s willingness to partner other organisations to promote research and development, adding that the Board is currently collaborating with several ministries, departments and agencies (MDAs) and even private sector groups, emphasising that those partnerships were contributory to the impressive strides recorded in Nigerian content development.
In his presentation, the General Manager, Research, Statistics and Development, Mr. Abdulmalik Halilu gave details of the Board’s sponsored centres of excellence (CoE).
He stated that the Federal University of Technology, Minna (FUT Minna) is researching on Technology Development Studies, while Federal University of Technology Akure (FUTA) is working on Geological & Geophysical Studies.
Other COEs are Niger Delta University, Bayelsa State, with interests in Engineering Services Studies, Federal University of Technology Owerri, with a focus on Local Raw Material Substitution Studies and lastly Modibbo Adama University of Technology, with focus on Safety & Environment Studies.
MRS Oil Nigeria Plc, a prominent player in the Nigerian downstream oil industry, has implemented a new petrol price of N935 per litre across all its retail service stations nationwide.
The company has also called on Nigerians to monitor and report any outlets that fail to adhere to the new price structure.
Biztellers reports that this is consequent upon an announcement by the President of Dangote Industries Limited, Aliko Dangote, that the Dangote Petroleum Refinery has partnered with MRS Oil and Gas to offer petrol at N935 per litre at retail outlets, following a reduction in the ex-depot price from N970 to N899.50 per litre.
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It was gathered that MRS Oil Nigeria Plc has instructed all its outlets to implement the new price immediately, setting up a digital platform and monitoring team to ensure full compliance.
In a statement on Monday night, the company declared, “Petrol is now being sold at N935 at MRS Filling Stations nationwide. If you find any station not following this price, please report it. Call 08009447853 or email: NG-FMKPMGWHISTLEBLOWING@NG.KPMG.COM”
Emphasising the eco-friendly nature of its products, MRS Oil added, “We call on all petrol station owners to join MRS Oil Nigeria Plc in improving the supply chain of our beloved country, ensuring product quality and availability in every corner of Nigeria for the benefit of all Nigerians.”
In Lagos, commuters were seen queuing at MRS filling stations to purchase petrol, with many expressing their gratitude to the Dangote Petroleum Refinery and MRS Oil and Gas, urging other marketers to support the indigenous refinery rather than import off-spec products into the country.
A commuter at the MRS station at Alapere on the Lagos Ibadan Express way, Ibukun Phillips, could not hide her joy as her husband filled up their car.
“I am very happy today. This is a victory for Nigeria,” she said. “The price reduction is the best gift of the season. But beyond just the reduction, we are buying standard, eco-friendly petrol at a lower rate. My husband and I have decided we will only be using MRS from now on because we are confident in the quality of the product and supporting the economy.”
A commercial bus driver, Adio Ajibade described the price reduction as a great relief, especially during the festive season.
“The reduction is a great relief. It will reduce transportation costs and benefit Nigerians. God will continue to bless Alhaji Aliko Dangote,” he said.
A public affairs analyst and university lecturer, Dr. Tunde Akanni, said the collaboration between Dangote Petroleum Refinery and MRS Oil represents a significant step towards improving the affordability, quality, and sustainability of petroleum products in Nigeria.
According to Dr. Akanni, “this move will not only help ease the financial burden on Nigerians but also promote a more environmentally conscious approach to fuel consumption, benefitting both the economy and public health in the long term.”
As a direct implication of the Federal Government’s Foreign Direct Investment drive, the Royal Dutch Shell has completed the final investment decision on the deep offshore Bonga North project in Nigeria.
Biztellers reports that the Bonga North will be a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility which Shell operates with a 55% interest.
Shell’s Integrated Gas and Upstream Director, Zoë Yujnovich, said, “This is another significant investment, which will help us to maintain stable liquids production from our advantaged Upstream portfolio”.
ALSO READ: OGUNCCIMA Commends Dangote Refinery’s Impact
It was gathered that the Bonga North project involves drilling, completing, and starting up 16 wells (8 production and 8 water injection wells), modifications to the existing Bonga Main FPSO and the installation of new subsea hardware tied back to the FPSO.
The company is optimistic that the project will sustain oil and gas production at the Bonga facility.
The Bonga North currently has an estimated recoverable resource volume of more than 300 million barrels of oil equivalent (boe) and will reach a peak production of 110,000 barrels of oil a day, with first oil anticipated by the end of the decade.
In addition, the Bonga North will help ensure Shell’s leading Integrated Gas and Upstream business continues to drive cash generation into the next decade.
Chevron Nigeria Limited (CNL), has received an award as “Energy company of the year (2024)” for its Environmental Sustainability and Corporate Responsibility accomplishments.
The award presented by the Nigerian News Direct newspaper, on Friday December 6, 2024, and was received by Manager Communications, Chevron Nigeria and Mid-Africa Business Unit, Victor Anyaegbudike, at a colourful event at the Grand Ballroom of the Oriental Hotel, Lagos.
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The organizers of the award noted that Chevron has implemented the “Protecting People and the Environment” policy, which aims at preventing injuries, illnesses, and environmental incidents. They also referenced that the company has achieved 97% gas flaring reduction in its operations in Nigeria, while implementing waste management and environmental conservation programs.
According to the media organization, Chevron Nigeria has also invested millions of dollars in community development programs, supporting education, health and economic development initiatives that have benefited thousands of people, while ensuring diversity, inclusion, and employee engagement in its business operations.
Receiving the award from the Lagos State Commissioner for Information and Strategy, Gbenga Omotosho, Anyaegbudike thanked the organizers for the honour, and reiterated Chevron’s commitment to continue to develop, affordable, reliable and ever-cleaner energy that enables human progress around the world.
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