Dr Victor Ekpenyong, the CEO of Kenyon International, addressed industry experts at the Oloibiri Lecture Series and Energy Forum (OLEF)2023, held at the PTDF Hall in Abuja on April 6, 2023. During his keynote speech, he emphasised the need for Nigeria to develop a robust strategy for oil and gas asset management to ensure effective oil and gas resources utilisation, enhance energy security, and achieve net-zero emission goals.

Dr Ekpenyong stated that Nigeria has been blessed with abundant oil and gas resources, but the lack of proper management has resulted in cases of vandalism and obsolete oil and gas assets still in use. He noted that one cannot utilise what one has not properly managed and urged Nigerian industry experts to take decisive action to implement a comprehensive strategy to bring these assets under control, properly managed and secured.

He highlighted that Kenyon International, a leading oil and gas servicing company, has been helping customers manage their assets, risking their lives in the process in a bid to secure assets and prevent tampering and pollution that could potentially destabilise the ecosystem. Dr Ekpenyong’s speech emphasised the importance of proper asset management in Nigeria’s oil and gas industry and the need for all stakeholders to take action towards achieving this goal. The Oloibiri Lecture Series and Energy Forum (OLEF)2023, organised annually by the Society of Petroleum Engineers Nigeria, is geared towards enforcing the development of the oil and gas industry in Africa.

Dr Ekpenyong ended his remark by encouraging all stakeholders in the Nigerian oil and gas industry to take action towards implementing a robust strategy for idle oil and gas well management. Contact us today to learn more about our asset management services. Send us a mail at info@kenyon-international.com.

At Kenyon International, we are committed to ensuring that our customers’ assets are managed securely and efficiently. We believe that by working together, we can help Nigeria harness its abundant oil and gas resources for the benefit of its people and the environment.