OIL OPERATORS ENDORSE TECHNOLOGY ADOPTION TO INCREASE PRODUCTION

Leading oil and gas operators in Nigeria have thrown their support behind accelerated adoption of advanced technologies to boost crude oil production and improve operational efficiency in the sector.

At a recent industry summit, executives emphasised the role of digital solutions, artificial intelligence, data analytics, and automation in addressing challenges such as reservoir management, asset integrity, and safety. They noted that technology can help reduce downtime, optimise costs, and unlock production from marginal and mature fields.

Stakeholders highlighted successful pilot projects where tech deployment led to significant output improvements and cost savings. They called for greater collaboration between operators, service providers, and the government to create an enabling environment for innovation, including favourable policies and investment incentives.

The push for technology aligns with broader industry goals of increasing Nigeria’s daily oil production and meeting OPEC quotas. Experts believe that embracing digital transformation will enhance competitiveness and ensure long-term sustainability of the sector.

The government has welcomed the operators’ commitment, promising continued support for initiatives that drive higher production while maintaining environmental standards.