Oil & Energy
Total Energies Moves To Achieve Global Mandate On Renewable Energy
A major sponsor of the just-concluded 40th Annual Conference of the Nigeria Association of Petroleum Explorationists (NAPE), TotalEnergies, has in line with the conference theme, “Global Energy Transition and The Future of the Oil and Gas Industry: Evolving Regulations, Emerging Concepts and Opportunity”, presented a major paper on Health Safety and Environment’s Role in Climate Change, with the topic, “Ocean Bottom Nodes Seismic for Better Field Management”.
Delivering the paper, TotalEnergies’ HSE Performance Coordinator, Ejiro Erharhaghen, noted that the industry has been encumbered by operational and or cost limitations.
He said the relatively new Ocean Bottom Node(OBN) technology, could significantly reduce the logistical encumbrances.
Furthermore, he hinted that the evolution of OBN technology enables the improvement of subsurface imaging bring about higher returns on investment, improved risk reduction and accelerate the pace of unlocking the prize.
The company also held technical sessions at its Exhibition Booth, where a large turnout of students, business people, investors and visitors were educated about the company, while the technical experts through different sessions, dealt with topics relating to the theme of the conference.
Visitors to the TotalEnergies booth were also lectured on topics covering maters relating to jobs opportunities and career placements, contract and procurement requirements, Corporate Social Responsibility and Health and Medical issues in the company.
In another highly technical presentation on Acquisition, Processing 3D and 4D Joint Inversion – Egina Field Case Study, the company gave details of its exploration activities on the Egina field in conformity with the standards and regulations that meet global best practices.
The event which had major key players in the Oil and Gas industry from both local and international platforms, exhibited their products and services.
The conference started with a management session highlighting on the Decade of Gas Initiative, where experts contributed diversely on factors to improve the Lower Carbon Drive in the country.
Earlier in his opening remarks, the President of NAPE, Dr James Edet, said, “The Lower carbon drive is a challenge of this present age, and we have, at this event aligned critical stakeholders to deliberate and present workable collaborative solutions to our industry and also shared their current learnings as we continue to adapt to this green revolution.”
“Furthermore, there are other contending 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 added.
By: Tonye Nria-Dappa
Oil & Energy
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Oil & Energy
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By Felicity Bradstock for Oilprice.com 16
Oil & Energy
Delta Targets 120MW Power Boost, Moves To Cut Reliance On National Grid
The State Commissioner for Works (Rural Roads) and Public Information, Charles Aniagwu, disclosed this at a press conference in Asaba, weekend, noting that the initiative was part of wider reforms aimed at opening up the power sector to private investors.
Aniagwu, who was accompanied by the Executive Assistant to the Governor on New Media, Felix Ofou, said the state was exploring alternative sources of electricity to support businesses, households and communities while reducing pressure on the national grid.
He said the government was particularly interested in exploiting Delta’s abundant natural gas resources for power generation, pointing to the Kwale Free Trade Zone, which is part of the state’s special economic zone, as a major opportunity for investors.
According to him, prospective investors were taken to the zone during the state’s recent economic summit to enable them to assess the availability of gas as a key raw material for electricity generation. ComparePower Rates
The commissioner explained that generating more electricity locally would not only increase supply in Delta but also free up power on the national grid for use by other consumers.
Aniagwu cited the 8.5MW Independent Power Plant located behind the state secretariat in Asaba as an example of what could be achieved through alternative power sources.
He said the facility had enabled the secretariat complex to operate independently of the national grid, thereby making the electricity that would otherwise have been consumed there available to other users.
He added that the planned 120MW partnership with Supply Power would further strengthen the state’s electricity supply capacity and provide a more reliable power base for small and medium-sized enterprises.
Aniagwu said the state government was also intervening in areas traditionally regarded as the responsibility of electricity distribution companies because inadequate power supply could no longer be allowed to constrain economic development. LearnQuantum Physics
He identified the extension of the electricity grid from Abraka towards the Ndokwa axis as one of the interventions being undertaken to connect more communities to electricity.
The commissioner, however, raised concerns over the burden placed on communities that are often required to provide transformers and other electricity infrastructure, only for distribution companies to take over the facilities and subsequently collect electricity bills without adequately accounting for the investments made by the communities.
He said the state would continue to support efforts aimed at energising communities, noting that improved electricity supply would stimulate businesses, create jobs and help tackle social problems associated with unemployment and idleness.
On regulation, Aniagwu said the government was working with the Ministry of Energy and a committee set up to develop an appropriate regulatory framework for the state’s emerging power sector. SwitchEnergy Plans
He said the proposed energy commission would be responsible for regulating new electricity producers, determining appropriate tariffs and overseeing distribution networks.
The commissioner stressed that liberalising the sector required effective regulation to protect consumers and investors, adding that decisions on power distribution infrastructure, including the use of overhead or underground lines, must take into account the peculiarities and safety requirements of each location.
He warned that power expansion without adequate regulation could expose residents to electrocution and other hazards, stressing the need to protect electricity infrastructure while ensuring consumers were not subjected to unfair pricing.
Aniagwu said the state government’s broader objective was to build an efficient and sustainable electricity market driven by private investment and capable of powering businesses, households and communities across Delta State.
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