Oil & Energy
Etche Communities Laud SPDC Over GMoU
The Shell Petroleum Development Company (SPDC), has been commended for maintaining its own part of agreement in the General Memorandum of Understanding (GMoU) entered with its host communities in Igboh cluster of Etche Local Government Area of Rivers State.
The chairman of Etche Cluster One Development Foundation, Hon Stanley Amaechi made the commendation in his office in Igboh Etche Local Government Area of the state, as part of activities marking his two years in office as the chairman of the cluster.
Hon Amaechi averred that the SPDC as a company had done much for the people of the area with regard to the GMoU it entered with host communities in the area.
According to him, the company’s corporate social responsibility to its host communities in the area was the best among other companies operating in the area, adding that the reason for which the cluster was founded in 2013 had not been violated by both SPDC and the benefiting communities.
He listed the provision of financial grants to cooperatives, installation of three 500KVA transformers, scholarship and payment of bursary, skills acquisition programmes, construction of five blocks and ten units of one bedroom flat mini estate with functional bore holes and access road as well as 5.2km Electricity Extension projects as part of his achievements in office.
The Igboh cluster one chairman expressed gratitude to the Onye Ishi Ala I of Igboh kingdom, Eze Samuel Amaechi for his peaceful reign which facilitated the actualisation of the various projects within two years.
Hon Amaechi used the opportunity to call on other multinational companies, Nigeria Agip Oil Company and Indoroma company operating in the area to emulate the SPDC and join hands with them to bring development to the area.
He appealed to both the state and federal government to as a matter of urgency commence the reconstruction of the Igboh roads to alleviate the suffering of the people.
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Oil & Energy
Digital Technology Key To Nigeria’s Oil, Gas Future

Experts in the oil and gas industry have said that the adoption of digital technologies would tackle inefficiencies and drive sustainable growth in the energy sector.
With the theme of the symposium as ‘Transforming Energy: The Digital Evolution of Oil and Gas’, he gathering drew top industry players, media leaders, traditional rulers, students, and security officials for a wide-ranging dialogue on the future of Nigeria’s most vital industry.
Chairman of the Petroleum Technology Association of Nigeria (PETAN), Wole Ogunsanya, highlighted the role of digital solutions across exploration, drilling, production, and other oil services.
Represented by the Vice Chairman, Obi Uzu, Ogunsanya noted that Nigeria’s oil production had risen to about 1.7 million barrels per day and was expected to reach two million barrels soon.
Ogunsanya emphasised that increased production would strengthen the naira and fund key infrastructure projects, such as railway networks connecting Lagos to northern, eastern, and southern Nigeria, without excessive borrowing.
He stressed the importance of using oil revenue to sustain national development rather than relying heavily on loans, which undermine financial independence.
Comparing Nigeria to Norway, Ogunsanya explained how the Nordic country had prudently saved and invested oil earnings into education, infrastructure, and long-term development, in contrast to the nation’s monthly revenue distribution system.
Chief Executive Officer (CEO) and Executive Secretary of the Major Energies Marketers Association of Nigeria (MEMAN), Clement Using, represented by the Secretary of the Association, Ms Ogechi Nkwoji, highlighted the urgent need for stakeholders and regulators in the sector to embrace digital technologies.
According to him, digital evolution can boost operational efficiency, reduce costs, enhance safety, and align with sustainability goals.
Isong pointed out that the downstream energy sector forms the backbone of Nigeria’s economy saying “When the downstream system functions well, commerce thrives, hospitals operate, and markets stay open. When it fails, chaos and hardship follow immediately,” he said.
He identified challenges such as price volatility, equipment failures, fuel losses, fraud, and environmental risks, linking them to aging infrastructure, poor record-keeping, and skill gaps.
According to Isong, the solution lies in integrated digital tools such as sensors, automation, analytics, and secure transaction systems to monitor refining, storage, distribution, and retail activities.
He highlighted key technologies including IoT forecourt automation for real-time pump activity and sales tracking, remote pricing and reconciliation systems at retail fuel stations, AI-powered pipeline leak detection, terminal automation for depot operations, digital tank gauging, and predictive maintenance.
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