Mohammed Shosanya
The Group Chief Executive Officer, Nigerian National Petroleum Company Limited,Mele Kyari has implored stakeholders in the Nigerian oil and gas industry to adapt, evolve and lead in the changing global energy landscape.
He gave this charge on Tuesday while delivering an Industry address at the opening ceremony of the 41st Nigerian Association of Petroleum Explorationists (NAPE) Conference in Lagos.
The GCEO, who was represented by NNPC Ltd’s Executive Vice President, Upstream, Oritsemeyiwa Eyesan, underscored the pivotal role of oil and gas exploration in shaping the future of the oil industry and emphasized the need for dedication, expertise and pursuit of knowledge in the quest to unlock new frontiers and push technological and economic boundaries within the industry.
A statement from the spokesman of NNPC Limited,Olufemi Soneye, quoted Kyari as emphasizing the company’s dedication to embracing exploration, developing renewables, fostering innovation, adopting emerging technologies, and implementing portfolio management as key drivers of success in the evolving energy landscape. He expressed optimism that the NAPE Conference would yield solutions and positively impact the nation’s economic landscape.
Acknowledging the global shift towards renewable energy, the GCEO pointed out challenges such as intermittency, predictability, and reliability due to geological constraints.
He further highlighted the absence of a perfect energy source and advocated for a diversified energy portfolio that leverages innovation and technology to harness the strengths of different energy sources.
NNPC Ltd’s Executive Vice President, Upstream, Mrs Oritsemeyiwa Eyesan (2nd from left, front row), NAPE leaders, and some participants at the opening ceremony of the 41st NAPE Conference in Lagos.
