“Let me take a few moments to highlight the main elements of each of these centres to underscore its role in driving cost reduction, increasing production and enhance value for the Industry. Search, Rescue and Surveillance (SeRAS) is a flagship programme of the Centre designed to enhance safety management, emergency preparedness & response and routine transportation for bed space management. SeRAS will therefore drive cost reduction and improve operational efficiency across the Industry. Conservatively, it is projected that upon full implementation of SeRAS, the annual industry expenditure for offshore & remote locations flight logistics and emergency response will reduce by 50% – a significant gain towards our target reduction of cost-per-barrel across our operations.
“The National Improved Oil Recovery Centre (NIORC) on the other hand, is designed to promote the implementation of Improved and Enhanced Oil Recovery technologies/methods to arrest the incidences of production decline and resultant high cost in many assets, especially in the matured Niger Delta
Basin. In essence, NIORC will trigger secondary and tertiary recovery operations in the industry.
The Centre will collaborate with operators, global technology centres, international oil & gas regulators and other relevant parties to leverage experiences and best practices for application in Nigeria. Expectedly, the foregoing measures will result in reserves growth, production increase, field life extension, improved asset life cycle cost and reduced cost-per-barrel, all with positive impacts on the national economy and investors’ profitability.”
Furthermore, the Director/CEO, Department of Petroleum Resources, DPR, Engr. Sarki Auwalu, added: “The National Oil and Gas Excellence Centre encompasses industry-focused programmes that will drive strategic mediation in operations, skills and competence development, use of Big Data, Internet of things (IoT) and Artificial Intelligence (AI) for decision making, deployment of proven technology for secondary and tertiary oil recovery as well as a coordinated response for an emergency. We have concluded the framework and implementation modalities for the successful take-off of these Programmes within the National Oil and Gas Excellence Centre due for imminent commissioning. We have no doubt that the Industry now has the resource and platform to interact, cooperate and collaborate on salient industry issues that remain impediments to cost reduction, safe operations and optimum value optimisation.”
However, in a telephone interview with Vanguard, some experts, including Prof. Omowumi Iledare, Ghana
National Petroleum Corporation (GNPC) Professorial Chair in Oil and Gas Economics and Management, Institute for Oil and Gas Studies, University of Cape Coast, Ghana, described the establishment of NOGEC as a step in the right direction.