Oil & Energy
Oil Firm Plans $3bn Lifeline For Power Sector
Senior Advisor for Digital Technologies, TOTAL, Mr Pascal Dauboin, says the company is to spend three billion dollar on energy modernisation programme in Nigeria to enhance efficient energy production and usage.
Dauboin made this known on Thursday during a meeting with Nigerian delegation at the Gulf Information Technology Exhibition (GITEX 2016), in Dubai.
According to him, TOTAL aims to expand the electricity supply of Nigeria and create more efficient energy production and usage in the country.
“The three billion dollar energy modernisation programme aims to expand the electricity supply, create more efficient energy production and usage, and increase rural and semi-urban power access from 35 per cent to 75 per cent.
“ TOTAL is at the forefront of adopting innovations such as drones, robotics, and early event detection systems to monitor and repair infrastructure.
“The new generations of sensors will enable the development of new products for real time, on-line analysis, following the always increasing safety and quality requirements.
“Digitally transformed processes will increase performance, robustness and safety in many industrial domains, while building the job skills of tomorrow,” he said.
He, therefore, urged other multinational companies to do more in supporting better energy infrastructures in the continent, especially in Nigeria.
“ Multinational companies’ experience of working in a multinational and multicultural context can help drive innovation across energy sector, by playing a leading role in supporting high-tech energy infrastructure projects in Nigeria and Africa at large.
“Nigeria is Africa’s largest oil producer, and the world’s fourth-largest liquefied natural gas exporter, according to the United States Energy Information Administration.
“In today’s interconnected world, the ability to find, share, and integrate knowledge from across the spectrum is essential.”