Nigeria’s potentials to significantly increase its oil production and meet local refining demands by tapping into its idle brownfields has been espoused by Victor Ekpeyong, Chief Executive Officer, CEO, Kenyon International, an energy services company.
Ekpenyong made the assertion in his presentation at the Oil Well Intervention Conference West Africa’s Leading Well Intervention Conference, at the Sheraton Hotel in Ikeja, Lagos, Nigeria.
Kenyon International has been advocating for a renewed focus on developing the country’s brownfield sites. The company has demonstrated success in revitalising similar sites across Nigeria, bringing in innovative technologies and expertise to maximise production efficiency and economic returns. The CEO also emphasised the importance of collaboration between the government, private sector, and local communities to realise the full potential of these brownfields. “It is imperative that we create an enabling environment for investment and innovation. By working together, we can transform these dormant fields into productive assets that contribute significantly to Nigeria’s economy.”
The company has deployed anti-theft technology to deter external interference, reactivate idle well assets, and boost production to unlock the value of Nigeria’s brownfields. It has also admonished operators to maintain high industry best practices by working with only competent contractors and deploying emerging technologies to tackle critical challenges in brownfield assets.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Firm expresses commitment to growth amid challengesHenkel Nigeria has outlined its plans for sustained business growth in Nigeria.
Read more »
Nigeria pathway to Africa, says Symrise NigeriaThe Nation Newspaper Nigeria pathway to Africa, says Symrise Nigeria
Read more »
DNA: What I’ll do if Liam turns out to be Mohbad’s son- Late singer’s dadPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »
Tinubu to address joint session of National Assembly WednesdayPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »
Celebrating Ken Calebs Olumese, the Guv’nor, at 80, By Reuben AbatiPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »
MUSIC REVIEW: In Tekno’s ‘Wayo’, Nico Mbarga’s ‘Sweet Mother’ rhythm comes in handyPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »