Johnbosco Uche, President of NAPE
…Energy security must remain a national priority.
…Increase in oil and gas production capacity will meet Nigeria’s 2030 target of 3million barrels of oil per day and 12 billion cubic feet per day (bcf/d).
-Felix Douglas
Speaking at a press conference and media parley in Lagos, Johnbosco Uche, President of Nigerian Association of Petroleum Explorationists (NAPE), pointed out that this year’s conference which is themed “Revitalizing the Nigerian Petroleum Exploration and Production Strategies for Energy Security and Sustainable Development” speaks directly to the heart of Nigeria’s national priorities ensuring energy availability, stability, and affordability, while also positioning the petroleum sector to thrive in a rapidly changing global energy environment.
The NAPE President added that over the years, NAPE has remained the foremost professional body providing thought leadership, technical excellence, and policy advocacy for Nigeria’s upstream oil and gas industry.
The 43rd Conference will provide a platform for strategic dialogue, knowledge sharing, and practical solutions to the challenges confronting Nigeria’s energy sector.
“As the global energy transition accelerates, Nigeria faces a dual responsibility: to sustain petroleum exploration and production while also preparing for a diversified, low carbon energy future. We cannot achieve this without deliberate policy alignment, increased investment, and renewed exploration drive.”
The NAPE President believes that energy security must remain a national priority. Nigeria cannot industrialize or grow sustainably without reliable and affordable energy.
To achieve industrialization and sustainability, the NAPE President said there has to be urgent need to reignite mature basin exploration by reviewing well classification for exploration to attract increased industry investment.
The country is to refocus strategies around Exploration both IOCs and independents must prioritize exploration to ensure new oil and gas discoveries today that will sustain production tomorrow.
Johnbosco opined that increase in oil and gas production capacity through optimized field development, adoption of new technologies, and addressing issues that hinder timely project delivery.
This will help to meet the nation’s 2030 target of 3million barrels of oil per day and 12 billion cubic feet per day (bcf/d) and accelerate gas development as a transition fuel that supports power generation, industrialization, and economic growth.
The NAPE President urged the industry to drive new seismic data acquisition and strengthen geoscience research to unlock new discoveries and reduce exploration risks.
Promote collaboration between government, industry, and academia to build capacity and drive innovation that supports sustainable resource management.
These will be discussed at the upcoming NAPE conference.
The NAPE President disclosed further that the conference will feature opening ceremony & All Convention Luncheon, Executive, Management and Technical Sessions highlighting technological advancements and innovations.
“We will also celebrate professional excellence through the Awards Ceremony at President’s Night and Awards Night.”
The 43rd edition comes at a pivotal time for Nigeria. “As we strive to achieve economic stability and energy independence, our actions today must secure the energy of tomorrow.”
NAPE remains committed to working with all stakeholders to ensure that Nigeria’s petroleum industry continues to be a catalyst for development and sustainability.
Earlier there was a Pre-conference workshop which is one of the important sessions that precede the conference.
The NAPE President said the title of Pre-conference: ‘Recent Trends in Divestment and Acquisition in the Nigerian Oil and Gas Industry, Near and Long Term Implications’ that Nigeria needs to increase production of the country pushing to hit 3 million barrels. Presently, the GCEO of NNPC said the country is producing about 1.68 millions and there is need to increase it to 3 million targets.
“Most importantly, in the long term projection, there is need to sustain production. As explorers, NAPE members duty are to find these oil and to ensure additional results to sustain production in longer term.”
Continuing Johnbosco made it known that there is shifting times in the industry, the International Oil Companies (IOCs) divesting onshore and shallow water assets reshaping their portfolio and moving into deep water.
He said there is dynamics defining ownership and responsibility for these new assets as independence and indigenous have taken up the challenge. The emergence of Renaissance, First E&P, Aradel, Oando, Energia, Seplat and others have taken position to reshape the industry and create value for the country providing energy digital world.
Notwithstanding, NAPE is creating the right path where knowledge leads to action, industry leaders, professionals and policy makers come together to explore ideas, challenge assumptions and drive conversations that move the sector forward.
Communiqué will be presented to the Special Adviser to the President to discuss details of it for implementation, the NAPE President added.
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