Energy
Research Imperatives: NCDMB Hosts Oil Industry Players, Academia
Top Oil and Gas Industry stakeholders are together with leading academics in three-day Research and Development (R&D) workshop on with special focus on needs-driven research, deepening collaboration and linkages.
The zonal workshop, which commenced on Tuesday, sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) is holding at the Niger Delta University (NDU), Amassoma.
The Corporate Communications Department of the NCDMB made the disclosure in a statement on Wednesday.
Biztellers reports that the workshop provides a forum for discussions and demonstration of research breakthroughs on software and hardware as they relate to oil and gas industry needs, bioremediation and related oil field chemicals solutions, including additives and drilling fluids, and renewable solutions to meet industry needs.
Scheduled to be hosted in the six geopolitical zones of the country by NCDMB Centres of Excellence in six universities, the workshop is also intended to enhance capacity building of research directors and lecturers, particularly in writing and reading compelling research proposals.
In a keynote address at the Workshop, the Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, said the Board was empowered by Sections 36-39 and 70 (m) of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010, to “coordinate and superintend over research and development towards the further attainment of the goal of developing Nigerian content in the Nigerian oil and gas industry.”
According to him, “critical gaps hampering the research climate in our sector,” notably, “lack of research infrastructure, funding and weak commercial frameworks,” had been identified in the Board’s 10-Year Strategic Road Map, which had been developed in 2017. Appropriate measures to close such gaps were also identified.
He noted that “the establishment of Research Centres of Excellence in the six geopolitical zones of the country and establishment of the R&D Fund to stimulate research in the oil and gas sector” were some of the measures recommended to remedy the identified gaps. The Nigerian Content Research and Development Fund,” he explained, was launched by the Board in 2021 “with an initial seed capital of $50 million.”
Highlighting a major success in research-related endeavours of the NCDMB, Engr. Ogbe said the actualization of the commissioning of the Amal Technology Printed Circuit 2 Board Manufacturing Facility in Abuja was a result of research commercialisation, “amplified in the NCDMB Technology Innovation and Incubation policy which created the Technology Innovation and Incubation Centre inside the Nigerian Content Towers at Yenagoa, Bayelsa State.
The ES was represented by the Director of Planning, Research and Statistics, NCDMB, Mr Isaac Yalah, and he pointed out that the Board created six research centres of excellence hosted by tertiary institutions in different geopolitical zones.
These are NDU, which hosts a Centre of Excellence for Engineering Studies; Federal University of Technology (FUT), Akure; FUT, Owerri, and FUT, Minna, with Centres of Excellence in Geology and Geophysical Studies, Local Raw Materials Substitution, and Technology Development, Studies, respectively. Modibbo Adama University of Technology, Yola, hosts Safety and Environment Studies, while Usman Dan Fodio University, Sokoto, hosts Renewable Energy.
In setting the context of the event, NCDMB’s Director of Planning, Research and Statistics, Mr Isaac Yalah, described the Workshop as “a journey towards fostering collaboration and linkage between industry, academia and government,” which he noted are critical to the nation’s quest for economic development.
He said it is important to address the challenge, “How do we bring industry experts to enhance learning in universities?” noting that training and manpower development would be greatly boosted through such an approach. He recalled his own experience in South Korea in the past, where he observed that students in tertiary institutions were focused on solving industry problems.
According to him, with such an orientation, “Together, we [industry, academia and government] can unlock new frontiers of development.”
In Welcome Remarks, the Vice Chancellor, NDU, Prof Allen Aziba-Odumosu Agih, represented by the Deputy Vice Chancellor (Administration), Prof Jonah Akekere, expressed the joy of the institution’s Management in playing host to participants, while commending the NCDMB for its initiatives in human capital development.
He said the University greatly appreciates the Centre of Excellence status it enjoys as well as the partnership that has been fostered by the Board over the years.
He cited computers donated to the university by the NCDMB to aid Information and Communication Technology (ICT) and digital penetration in the university community and its environs.
In a charge to all stakeholders, Prof Akekere declared: “Let the output of resource persons [at the Workshop] be sold to industry.”
Earlier in a programme overview, the Managing Director, Wider Perspectives Ltd., facilitators of the event, Mrs. Edughom Hanson, said interactions between oil and gas industry players, academics and policy-makers are vital for the successes the country seeks in national development.
She noted that, among other objectives, the Workshop seeks to build the capacity of research directors and lecturers in writing and reading compelling research proposals.
“There are a lot of opportunities, a lot of grants that can be accessed out there for research purposes,” she stated, adding, “But the way you write the proposals matter.”
Presentations at the Technical Sessions include “Innovation on Software Development: Success Factors, Constraints and Look Ahead”; “Innovation on Hardware Development: Success Factors, Constraints, and Look Ahead”; “Innovations on Oil Field Chemical
Development: Success Factors, Constraints, and Look Ahead,” and “Available Funding on Research and Development: Impact and Accessibility.”
Resource persons are Mr ThankGod Egbe, Managing Director, CypherCrescent, Dr Keluo Chukwuogu, Founder/CEO, Boskel Nigeria Ltd.; Jonathan Amarachi Njoku, Manager, Planning, Research and Statistics, NCDMB; Prof Joel Ogbonna, Commissioner for Petroleum Resources, Abia State; Mr Pacqueens Irabor, Manager South, Bank of Industry; Prof Yelebe Zekieni Robert, Director, NCDMB Centre of Excellence, NDU; Silas Omomehin Ajimijaye, General Manager, Research, Statistics & Development, NCDMB, and Prof (Mrs) Iheoma M. Adekunle, Director, Consultancy and Institutional Advancement, Federal University, Otuoke.
Energy
Dangote Partnership: MRS Urges Nigerians To Insist On N935/Litre Petrol Price Nationwide
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.
ALSO READ: Dangote Slashes PMS Price To N899.50k
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.”
Energy
FDI: Shell To Invest Billions Of Dollars On Nigeria’s Bonga North Oil Field
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.
Energy
Chevron Nigeria Bags ‘Energy Company Of The Year For Environmental Sustainability And CSR
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.
ALSO READ: Stakeholders Hail NCDMB As Local Content Level Hits 56%
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.