November 22, 2017

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BlackBerry putting itself up for sale -

Wednesday, August 14, 2013

FERMA: A convergence of intent, engagement & perception -

Sunday, August 11, 2013

Nigeria Hits CNN’s List of World’s 12 sexiest accents…. -

Wednesday, August 7, 2013

N452t infrastructure funds from capital market coming -

Tuesday, August 6, 2013

Getting the right staff for your business -

Tuesday, August 6, 2013

Nigeria, others to re-evaluate Trans-Saharan gas project -

Monday, August 5, 2013

How Nigerians use social media -

Friday, August 2, 2013

NSIA to manage N3.4tr pension funds -

Friday, August 2, 2013

GOOGLE UNVEILS MOTO X SMARTPHONE… -

Friday, August 2, 2013

Nigerian Troops Return from Mali, Storm Borno -

Thursday, August 1, 2013

Our role in the $1.09b Malabu Oil mess, by Shell -

Wednesday, July 31, 2013

FG Can’t License Hotels, Hospitality Operators, Says Fashola -

Tuesday, July 30, 2013

Why FG Must Urgently Invest in Efficient Rail System -

Monday, July 29, 2013

Lagos community begins energy generation from waste -

Monday, July 29, 2013

FG to privatise BoI, BoA in 2014 -

Monday, July 29, 2013

Cassava takes pride place in Nigeria’s agro-economy -

Monday, July 29, 2013

Future of Africa in food production depends on training, emerging technologies —Kabba college provost -

Friday, July 26, 2013

Will this fresh initiative against cyber crime work? -

Friday, July 26, 2013

Investors prefer Southwest, says LCCI -

Friday, July 26, 2013

Fed Govt stops project variation beyond 15% of initial cost -

Thursday, July 25, 2013

Govt to monitor real-time oil production

Govt to monitor real-time oil production... NAIJA INTEL

A PLAN by the Federal Government to introduce National Production Monitoring System (NPMS) that will take accurate measurement of oil production may start soon.

This is coming as efforts are on to ensure more cars in the country are powered by compressed natural gas to reduce demand for petroleum products for vehicular needs.

At the 2013 ministerial mid-term briefing tagged “moving the oil and gas sector to the next level”, in Abuja Tuesday, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, explained that the ministry had concluded a pilot scheme on the monitoring mechanism.

Her words: “As part of improving accountability with regard to Nigeria’s oil production, the Ministry of Petroleum Resources has concluded a pilot scheme for real-time crude oil production monitoring. The programme, which is referred to as National Production Monitoring System (NPMS), is a remote monitoring system emplaced not only to monitor real-time production, primarily, but also other field parameters needed for effective reservoir management and administration.”

And to reduce the pressure on petroleum products for vehicular movement in the absence of a functional rail transport, the minister hinted that government had embarked on steps aimed at ensuring more vehicles use compressed natural gas for fuel purpose.

“Through the NNPC Joint Venture with NIPCO, Compressed Natural Gas for vehicular use has grown with the pilot initiative in Benin City, Edo State. Over 2,000 cars now run on natural gas in Benin and many more get converted daily. There are six gas filling stations in the city and the most dominant users are commercial taxi drivers. The impact on their daily economics has been significant and the expansion in subscription of new conversions has been by word of mouth to fellow taxi drivers.  It is intended to now expand this initiative across the country, reducing the cost of transportation while at the same time enhancing the quality of the environment,” she said.

Govt to monitor real-time oil production... NAIJA INTEL

Govt to monitor real-time oil production… NAIJA INTEL

She also said that the NNPC had been embarking on aggressive exploration as reflected in the acquisition of a total of 6,102 square kilometres (sq.km) of seismic data, including 818 sq.km acquired in the Chad Basin in phases three, four and five combined.

Another acquisition of 266 sq.km of seismic data in the phase six is ongoing by Integrated Data Services Limited (a NNPC subsidiary) in the Chad Basin even at the height of the security challenges.

Alison-Madueke disclosed that a total of 24,680 sq.km of seismic data was either processed or reprocessed in readiness for seismic interpretation. In addition, IDSL Data Processing Centre (DPC) has been upgraded to the largest Seismic Data Processing Centre in the West African sub-region with a processing capability of 20,000 sq.km from 2,000 sq.km.

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IMAGES: www.nigeriansabroadlive.com

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