Port Harcourt — A well control expert and Chief Executive Officer of Kenyon International West Africa Limited, Dr. Victor Ekpenyong, has urged the federal government to harness the country’ abundant gas resources for economic and industrial revolution.
Ekpenyong also said there was need for Nigeria to develop a strategy for oil and gas asset management to ensure effective oil and gas resources utilisation.
The oil and gas well control specialist explained that the proposed plan will enhance energy security and achieve net-zero emission goals earlier set by the Federal Government driven by its policy of gas utilisation as a transition energy.
A statement by the Public Affairs Manager, Kenyon International West Africa Limited, Mr Ifechukwu Muonyili, quoted Ekpenyong as making the call while addressing industry stakeholders at the recently concluded Oloibiri Lecture Series and Energy Forum 2023.
According to the statement, Ekpenyong regretted that Nigeria was blessed with abundant oil and gas resources, but absent of proper management has resulted in vandalism, oil theft and the use of obsolete oil and gas assets.
He also emphasized on asset management in Nigeria’s oil and gas industry and the need for all stakeholders to take action towards it.
“One cannot utilise what one has not properly managed and Nigerian industry experts need to take decisive action to implement a comprehensive strategy to bring these assets under control, properly managed and secured.
“We at Kenyon International, an industrious oil and gas service company, have developed a home-grown panacea to oil theft and vandalism in oil and gas fields.
“Our solutions has been helping some operators to manage their assets, and it comes with so much risks to lives of our employees who implement the process.
“As patriotic Nigerians we go through a lot in a bid to secure assets and prevent tampering and pollution that could potentially pollute and destabilise the ecosystem and we urge the industry-wide deployment,” Ekpenyong said.
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