The Nigerian Association of Petroleum Explorationists (NAPE) 40th Annual International Conference and Exhibition (AICE), will focus on addressing the challenges of the global energy transition, evolving regulations, and geo- environmental strategies in the energy transition era.
The conference with the theme: Global Energy Transition & the Future of the Oil and Gas Industry: Evolving Regulations, Emerging Concepts & Opportunities, will begin on November 13th through 17th, in Lagos.
According to the organizers in press statement A statement the Conference will host speakers who are high-level industry practitioners, key personnel in government and academia, delivering technical papers on seven sub-themes.
These include:
- Energy Transition and Evolving Regulatory Framework
- Gas Development, Commercialization and Monetization in the Energy Transition Era
- Geo- Environmental Strategies in the Energy Transition Era
- New Concepts and Approaches in Geo- Physics
- Petroleum System Studies and Integrated reservoir Modelling
The Group Chief Executive Officer (GCEO) NNPC Limited, Mele Kyari, is expected as the Special Guest of Honour, while the Executive Secretary, NCDMB Simbi Wabote, is the Guest of Honour.
The Keynote paper titled: “Global Energy Transition & the Future of the Oil and Gas Industry: Evolving Regulations, Emerging Concepts & Opportunities,” will be delivered by the CEO, Seplat Energy Plc, Roger Brown, the statement said.
The reality of climate change is facing Nigeria with desertification in the north and flooding in the south and some parts of the north. This change calls for a crucial need to significantly reduce carbon emissions while ensuring available and affordable electricity.
Explaining the choice of the conference theme, the statement reads further: “The rising need for transition towards more sustainable energy sources, energy poverty and global geopolitics require strategic reappraisal of the energy industry in Nigeria. The nation has an Energy transition plan to get us to net zero greenhouse gas emission by 2060.
“However, there are many factors that need to be considered and appropriately addressed in the nation’s shift to its sustainable energy future.
“The reality of climate change is facing Nigeria with desertification in the north and flooding in the south and some parts of the north. This change calls for a crucial need to significantly reduce carbon emissions while ensuring available and affordable electricity.
“The Petroleum Industry Act (PIA) is now in place and the Climate Change Act signed into law. The oil and gas industry has a role to play towards the successful implementation of these regulations and ambitious plans.”
It added that “Globally, significant consumers of the hydrocarbon industry are undergoing a massive technological shift towards low or zero carbon energy usage like electric vehicles. The ongoing war, global politics, in-country insecurity challenges and asset divestment have exacerbated the impact of energy supply shortage and altered the energy landscape.
“Furthermore, there are other contenting and increasingly relevant issues such as energy security; the dynamics of gas development, commercialization and monetization; development of Nigeria’s under-explored gas rich cretaceous basins; and how Nigeria will adapt her policies and diversify her energy portfolio in the energy transition era so as to achieve sustainable growth for her economy.”
Against this backdrop, NAPE said this year’s conference and exhibition will be deliberating on the petroleum business and the regulatory environment with a view to addressing the challenges of the global energy transition, evolving regulations, and geo- environmental strategies in the energy transition era.
